The Barclayloan Plus, available to existing Barclays Bank customers who apply online or by telephone, has been reduced by 0.6%.
A competitive rate of 5.1% APR is offered to customers borrowing between £7,500 and £25,000, although those who choose to apply in branch will receive a slightly higher rate of 5.7% APR.
Rates are representative and dependent on credit rating, loan amount and term.
Based on a borrowing amount of £5,000 over a three year period, a typical monthly repayment would be £162.35, based on both loan rates.
This loan offers a highly competitive rate to customers wishing to borrow higher amounts online or by telephone. Four out of five Moneyfacts Stars have been awarded.
Find out how much a Barclays Bank loan could cost you each month with our handy Loan Calculator.
Check out our guide to improving your credit rating
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 Any products featured may be withdrawn by their provider or changed at any time.
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