Derbyshire BS storms into loans market - Loans - News - Moneyfacts

News

Derbyshire BS storms into loans market

Derbyshire BS storms into loans market

Category: Loans

Updated: 09/11/2012
First Published: 09/11/2012

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 It is now over 6 months old so the content may be out of date.

A series of rate reductions within the 'mid-term' loan market has also seen Derbyshire Building Society reduce the rate on its Online Personal Loan by 0.1%.

The basics…

This loan offers a market-leading rate of 5.5% APR to customers borrowing between £7,500 and £15,000.

The finer details….

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 £142.80 per month

Why we like it…

The Online Personal Loan offers customers a very attractive rate in a competitive market and has been awarded four out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.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…
 
Close