Clydesdale Bank cuts loan rates | Product News - Moneyfacts

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Clydesdale Bank cuts loan rates

Clydesdale Bank cuts loan rates

Category: Loans
Date: 02/10/2013

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 It is now over 6 months old so the content may be out of date.

Clydesdale Bank has just reduced selected unsecured personal loan rates by up to 0.4%.

The basics…

For loans between £5,000 and £7,499, customers can now enjoy a market-leading rate of 6.4% APR.

Loans are available to both new and existing customers and can be applied for online.

The finer details…

Example repayments: for a loan of £5,000 over three years, borrowers would pay £152.61 per month with the total repayable being £5,493.96.

New customers must be aged 23 or over with a minimum income of £15,000.

Why we like it…

The rate reduction means Clydesdale Bank's £5,000-£7,499 loan tier now boasts the lowest APR currently available.

Four Moneyfacts Stars have been awarded.

What Next?

Use our loans calculator for your personal loan comparisons

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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