Rate reductions to Derbyshire Building Society's Online Personal Loan has seen the deal move to the top of the best buy tables with new rates of 7.2% and 7.6%, depending on the loan amount.
The Online Personal Loan offers a rate of 7.2% to customers borrowing between £5,000 and £7,499 and 7.6% for £15,000 to £20,000. Based on the new rate of 7.2%, those borrowing £5,000 over a three year period would pay £154.32 per month.
The finer details….
The rates are available to borrowers online only and are subject to customers' credit rating, term and amount borrowed.
Why we like it…
Sitting comfortably at the top of the best buy tables for each borrowing category, this product has been awarded four out of five Moneyfacts stars.
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