Clydesdale Bank and Yorkshire Bank have cut the rates for unsecured online personal loans between £5,000 and £7,499, and those from £15,001 to £25,000.
Loans from £5,000 to £7,499 and from £15,001 to £25,000 will be available from 5.8% APR. The rate is available to new and existing customers for loans with terms up to seven years.
Key features are as follows:
- 5.8% APR for online loans from £5,000 to £7,499 and from £15,001 to £25,000 (*Terms and Conditions apply)
- A fixed interest rate over the term of the loan
- Choice of loan terms
- Available for new and existing customers
- Most applicants will have an instant decision
- Applications can be saved online for up to 30 days
- Full early repayment & partial early settlement options available
- Loans calculator for a quick personal quote
Andrew Pearce, retail director for Clydesdale Bank and Yorkshire Bank, said: “We continue to drive down the costs of our loans, creating better value for customers across more levels of borrowing and all terms.
“Whether it is to make a purchase or to manage your finances more widely, personal loans offer some of the cheapest options available to consumers.”