Clydesdale and Yorkshire banks have reduced the cost of their personal loans between £7,500 and £15,000.
The banks' Online Personal Loans from £7,500 - £15,000 are now priced at 4.9% APR (4.95% per annum).
Borrowers must remember that rates are representative and depend on individual credit ratings.
These loans must be applied for over the internet.
Example repayments: If taking out a loan of £7,500 over five years borrowers will pay £140.82 per month. Total repayable = £8,449.20.
This rate decrease has cemented Clydesdale and Yorkshire banks' position as the most competitive loan providers in the market.
The highest accolade of five Moneyfacts Stars has been awarded.
Compare loan repayments and interest with our easy-to-use loan calculator
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