The AA has reduced the cost of borrowing across all tiers of its unsecured personal loan by up to 8.2% APR.
The largest reduction is seen in the £5,000 to £7,499 tier, which is now priced at 5.7% APR, available to both new and existing customers.
Example repayments: £5,000 over three years = £151.10.
As an added bonus, borrowers can benefit from six months' free Home Emergency Response when taking out a loan. However, borrowers need to be aware that they must be over 25 years old to apply.
This reduction from AA is great news for those who want to borrow smaller amounts and sees them offer a market-leading rate for borrowing between £5,000 and £7,499.
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