Your Personal Loan - a market leading rate of 6.3% APR - Loans - News - Moneyfacts

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Your Personal Loan - a market leading rate of 6.3% APR

Your Personal Loan - a market leading rate of 6.3% APR

Category: Loans

Updated: 31/10/2008
First Published: 13/09/2007

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 It is now over 6 months old so the content may be out of date.

Your Personal Loan.co.uk, a subsidiary of Co-operative Bank, has launched a new unsecured personal loan at a rate of 6.3% APR on loans between £5k and £25k. This puts them top of the moneyfacts.co.uk best buy loans chart and the rate offered is not dependent on credit scoring.

With the average adult owing around £8,000 in unsecured debt, demand for personal loans remains high. But with rising interest rates and bad debt levels, most rates have increased, so a loan at less than 6% APR isn't something we're likely to witness in the near future.

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 Any products featured may be withdrawn by their provider or changed at any time.

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