Hitachi Personal Finance has reduced the cost of borrowing £5,000 to £7,499 by 0.2% APR, allowing it to move further up the charts and win an 'outstanding' rating.
A personal loan of £5,000 to £7,499 over a term of two to five years now has a highly competitive rate of 4.2% APR, solidifying its place in the Moneyfacts best buys.
Example monthly repayments: £5,000 over three years = £147.88.
Borrowers must be at least 21 years old and applications can be made by phone or online. Applicants should remember that rates are representative and dependent on their credit rating.
Borrowers who are looking to borrow between £5,000 and £7,499 are likely to be delighted by this latest update. The rate offered at this loan tier is now highly competitive and enables this deal to stand out among its peers. This is an outstanding product that fully deserves the highest Moneyfacts rating.
Moneyfacts rating: Outstanding
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