Competitive borrowing with AA | Product News - Moneyfacts

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Competitive borrowing with AA

Competitive borrowing with AA

Category: Loans
Date: 04/06/2014

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 It is now over 6 months old so the content may be out of date.

AA has reduced the cost of borrowing on its unsecured personal loan in the £7,500 to £15,000 tier.

The basics…

Rates have been reduced for both new and existing customers by 0.2% APR, bringing them down to 4.4%.

Example repayments: £7,500 over five years = £139.18 per month.

The finer details…

As an added bonus, borrowers can benefit from six months' free Home Emergency Response when taking out a loan. However, they need to be aware that they must be over 25 years old to apply and that the rate is dependent on an individual's credit rating.

Why we like it…

This change maintains the AA's position within the best buy charts for borrowing between £7,500 and £15,000.

Four Moneyfacts Stars have been awarded.

What Next?


Compare loan repayments and interest with our easy to use loans 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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