Hitachi Capital UK has extended its loan tiers to appeal to a wider range of borrowers, and in doing so has boosted its rating to Moneyfacts' highest accolade.
The unsecured personal loan now has a minimum loan amount of £1,000 to £2,999, which has a highly competitive APR of 15% over a term of 15 months to three years. The maximum loan now available is £25,000, with loans between £15,001 and £25,000 charged at an attractive rate of 5.7% APR over a term of two to five years. All other tiers remain unchanged.
Example monthly repayments: £2,000 over two years = £96.08
This loan is available to borrowers aged 25 and over. Applications can be made by telephone or online.
Borrowers should remember that all rates depend upon their credit rating, loan amount and the term chosen.
This loan was already highly competitive and ranked in the Moneyfacts charts, but this latest update means it's available to a wider market and has bolstered its position as a result. A range of borrowers are therefore likely to find this personal loan very attractive. This is an outstanding product that fully deserves the highest Moneyfacts rating.
Moneyfacts rating: Outstanding
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