Tesco Bank has amended rates on selected personal loan amounts for both new and existing customers.
Customers looking to borrow between £7,500 and £15,000 will now pay 4.9% APR.
The finer details…
Example repayments: £7,500 over five years = £140.82 per month.
It should be noted that this rate is only available for customers applying online or over the phone and borrowers must remember that rates are representative and depend on an individual's credit rating.
Why we like it…
Despite a small rate increase (0.1%) Tesco Bank remains in the Moneyfacts best buys offering competitive borrowing within the £7,500 - £15,000 tier.
Four Moneyfacts Stars have been awarded.
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 Any products featured may be withdrawn by their provider or changed at any time.
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