M&S Bank reduces loan rates | Product News - Moneyfacts

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M&S Bank reduces loan rates

M&S Bank reduces loan rates

Category: Loans
Date: 19/06/2014

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 It is now over 6 months old so the content may be out of date.

M&S Bank has reduced rates by 0.6% APR on selected personal loan amounts for both new and existing customers.

The basics…

Customers looking to borrow between £7,500 and £15,000 for terms of between one and seven years will now pay a competitive 4.2% APR.

The finer details…

Example repayments: £7,500 over five years = £138.55 per month.

Why we like it…

This rate reduction from M&S Bank sees them storm back into the Moneyfacts best buys for competitive borrowing within the £7,500 - £15,000 tier.

Four Moneyfacts Stars have been awarded.

What next?

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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