More than 180,000 people across the UK could take out personal loans for debt consolidation in the first three months of 2017, according to Sainsburys Bank.
New research from Sainsburys Bank Loans has estimated that this figure equates to 31% of all personal loans taken out during the first three months of the new year.
Sainsburys Bank estimates that the average loan size is projected to be around £11,400, 18% more than the average value of loan…
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