Yet another rate reduction of 0.1% to its Online Personal Loan has seen Derbyshire Building Society assert its position in the mid-term loans market.
This loan offers a highly competitive rate of 5.4% APR to customers borrowing between £7,500 and £15,000.
The rate offered for this loan is representative and dependent on credit rating and the amount and term of the loan.
Customers borrowing £7,500 over five years would pay £143 per month.
Less than a week after reducing its rate to 5.5%, Derbyshire Building Society has cemented its place at the top of the mid-term loan market. Four out of five Moneyfacts stars have been awarded to this product.
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