Personal loans for surgery on the rise.

Consumers taking out personal loans for cosmetic surgery need to ensure that they are getting the best deal.

London (loans-bazaar) 5 December 2006:According to Sainsbury's Bank, the average personal loan taken out to pay for surgery stands at £6,500. The bank predicts to disperse more than £5 million by the end of the year for this purpose.

The number of consumers in this segment is quite large. The important thing is that they should shop around for the most competitive personal loan rate rather than taking any deal that comes their way.

Steven Bailie, loans manager at Sainsbury's Bank, predicted that a growing number of men and women may be looking to improve their looks and fund this with loans as it becomes less taboo for people to do so.

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