Admiral has reduced the APR on an unsecured personal loan of £7,500 to £15,000 by 0.1%. This has greatly improved its ranking in the Best Buys and earned it an Outstanding rating in the process.
A personal loan of £7,500 to £15,000 over a term of one to five years now has an APR of 3.2%, placing it just shy of the market leader.
Example monthly repayments: £7,500 over five years = £135.28.
Applications can be made online or over the phone. Borrowers must be at least 18 years old to apply and should remember that rates are representative and dependent on their credit rating.
This latest reduction has made the deal even more attractive to borrowers looking for a mid-tier loan, strengthening its worthiness of the highest possible rating as well as its leading position in the charts.
Moneyfacts rating: Outstanding
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