For a limited time only, Derbyshire Building Society has cut rates across its Online Personal Loan range.
For personal loans between £5,000 and £7,499 the rate has been reduced by 0.8% to 6.4% APR.
Those borrowing larger amounts between £7,500 and £15,000 will be charged 5.0% APR (a 0.1% reduction), while those borrowing between £15,000 and £20,000 will pay 6.8% APR (0.5% reduction).
These rates are only available until 11pm on 25 March 2013 and must be applied for online.
Example monthly repayment: A £5,000 personal loan over three years will cost £152.61 per month.
Consumers must remember that rates are representative and dependent on individual credit ratings.
These personal loan rate reductions move Derbyshire BS to the top of the Best Buy charts. Consumers will have to act fast, however, as these rates are only available until 25 March.
Four out of five Moneyfacts Stars are richly deserved.
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