Personal loan gets top rating | Product News - Moneyfacts

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Personal loan gets top rating

Personal loan gets top rating

Category: Loans
Date: 23/04/2015

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 It is now over 6 months old so the content may be out of date.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 reduced the APR of its £5,000 to £7,499 loan by 0.2%, shooting it straight to the top of the Moneyfacts charts and earning it the highest accolade.

The basics…

A £5,000 to £7,499 personal loan now has a market-leading APR of 4.6% over a term of two to five years.

The finer details…

Example monthly repayments: £5,000 over three years = £148.74.

Applications can be made by phone and online by applicants aged 25 and older. Borrowers should remember that all rates depend upon their credit rating, loan amount and the term chosen.

Why we like it…

The reduction to the £5,000 to £7,499 loan tier has made this competitive product a market-leader, something that is bound to be noticed by those seeking to consolidate their debts. 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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