TSB has cut its personal loans rate for amounts between £20,000 and £25,000 to 2.8% APR. 

This means TSB’s personal loans rate of 2.8% APR now applies to loans between £7,500 and £25,000. The rate is applicable for all loan terms between one and five years.

Nick Smith, Head of Loans at TSB, said: “By launching our market-leading personal loans rate we’re helping customers to borrow well and giving them access to a competitive loan rate. 

“Whether they’re consolidating other loans, planning home improvements or simply looking to finance a purchase such as a car, we’re here to help.”