Hitachi Capital UK loan gets top rating | Product News - Moneyfacts

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Hitachi Capital UK loan gets top rating

Hitachi Capital UK loan gets top rating

Category: Loans
Date: 07/04/2015

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 It is now over 6 months old so the content may be out of date.

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 basics…

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.

The finer details…

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.

Why we like it…

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

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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