Competitive borrowing from Tesco | Product News - Moneyfacts

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Competitive borrowing from Tesco

Competitive borrowing from Tesco

Category: Loans
Date: 06/02/2014

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 It is now over 6 months old so the content may be out of date.

Tesco Bank has amended rates on selected personal loan amounts for both new and existing customers.

The basics…

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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