Clydesdale and Yorkshire Banks have launched their lowest ever personal loan rates.
New and existing customers can now take an unsecured personal loan of between £7,500 and £15,000 with a rate of 3.8% APR.
Rates on loans between £5,000 and £7,499 have been cut to 4.5% APR, while loans over £15,000 are now available at 4% APR.
The rates will be available until 30 September 2015.
Key features include:
- A fixed interest rate over the term of the loan
- Choice of loan terms
- Available for new and existing customers in branch, online or by phone
- Most applicants will have an instant decision
- Instant payment for in branch applications
- Applications can be saved online for up to 30 days
- Full early repayment & partial early settlement options available
- Loans calculator
Steve Fletcher, director of retail banking, said: “We recognise that there are different times when people need to take a loan and Clydesdale and Yorkshire Banks are focused on offering competitive rates for both new and existing customers however they apply.
“We hope that by offering our lowest ever rates we can help make it easier for customers especially those considering larger purchases such as a car with fixed monthly payments over a set period of time.”
