Following a reduction of 0.1%, the Unsecured Personal Loan from both Yorkshire Bank and Clydesdale Bank offers a new highly competitive rate of 5.9%.
The new rate, which sits comfortably among the current market leaders, applies to new and existing customers borrowing between £7,500 and £15,000.
The loan is available to borrowers aged between 24 and 74 who apply online.
This product has been awarded four out of five Moneyfacts stars.
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