The Big Money Sale starts on 27th December and includes personal loans, home, travel and pet insurance and discounts on car insurance.

David MacKay, M&S; Money commercial director, said: “This is our biggest ever sale, offering savings across a range of M&S; Money products.

“People can take advantage of our reduced loan rates in the run up to Christmas or in the new year sales, and we will honour our insurance discounts for those who register their renewal details and come back to us later in the year.”

Those looking for a personal loan to help pay off debts can get up to 35 per cent off loans between £7,500 and £25,000.

Consumers who plump for the &MORE; credit card will also get double reward points for the first six months.

The sale continues until 28th February 2006.

Banks and building societies say many people are planning to reorganise their finances in the New Year when they realise the severity of their Christmas debt hangover.

Brits are set to spend almost £10 billion in the last days leading up to Christmas, according to a survey by Sainsbury’s Bank.

To read more about Personal Loans, click here.

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