Derbyshire BS cuts loan rates - Loans - News - Moneyfacts


Derbyshire BS cuts loan rates

Derbyshire BS cuts loan rates

Category: Loans

Updated: 31/01/2013
First Published: 30/01/2013

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Derbyshire Building Society has reduced the rate on unsecured personal loans between £7,500 and £15,000 to a market-leading 5.1% APR.

The basics…

In this competitive market, Derbyshire BS has upped its game by cutting the rate at this loan tier by 0.3%.

The finer details….

This unsecured personal loan is available to new and existing customers of the building society, but applications can only be made online.

Why we like it….

This rate cut ensures Derbyshire Building Society moves to the top of the best buy table. Four out of five Moneyfacts Stars are well earned.

What Next?

Find the best loan for you - Loans Calculator

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Regulator to take closer look at high-cost credit

When used well, credit can be a viable way to help make ends meet and balance the books – but the problem comes when that credit is of the high-cost variety. The regulator has will be taking a closer look at the sector to see what else can be done.

The payday loan market is still broken

The payday loan market has been under fire a lot in recent years, and as a result, the financial regulator stepped in. But has it made a difference? Unfortunately, it looks as though there’s still a lot of work to be done.

Get a record low rate loan - if you qualify

Competition in the personal loans market is as hot as ever, so much so that one loan provider has slashed rates to the lowest on record – but only to those who fit the bill. The shopping bill, that is…