Competitive borrowing from Santander | Product News - Moneyfacts

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Competitive borrowing from Santander

Competitive borrowing from Santander

Category: Loans
Date: 13/02/2014

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 It is now over 6 months old so the content may be out of date.

Santander has amended rates on its unsecured personal loans by up to 7.9% APR, making them the same regardless of the application method.

The basics…

Customers looking to borrow between £7,500 and £15,000 will now pay a market-leading 4.5% APR, regardless of which channel they choose to apply through.

123 account holders can get this rate on loans from £7,500 to £20,000.

The finer details…

The rate is available to both new and existing customers who apply by branch, telephone or online (telephone and branch for 123 loans) and borrowers must remember that rates are representative and depend on an individual's credit rating.

Example repayments: £7,500 over five years = £139.65

Why we like it…

This review from Santander sees them bring their online, telephone and branch personal loan rates into line with each other making it easy for customers to get this market-leading rate and sees the bank top the Moneyfacts best buys at this loan amount.

Four Moneyfacts Stars have been awarded.

What Next?


Compare loan repayments and interest with our easy-to-use loan calculator

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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