Santander’s competitive loan | Product News - Moneyfacts

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Santander’s competitive loan

Santander’s competitive loan

Category: Loans
Date: 30/05/2014

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 It is now over 6 months old so the content may be out of date.

Santander has reduced its unsecured personal loan rate for certain amounts by up to 0.2% APR.

The basics…

Borrowers looking for a loan between £7,500 and £15,000 can benefit from a competitive rate of 4.3% APR.

Example repayments: £7,500 over five years = £138.99 per month.

The finer details…

The rate is available to both new and existing customers, over the age of 21, who apply by branch, telephone or online. However, borrowers should be aware that it's representative and dependent on individual credit ratings.

Why we like it…

This move consolidates Santander's position within the market and sees them move up the best buy charts in the £7,500 - £15,000 tier.

Four Moneyfacts Stars have been awarded.

What Next?


Compare loan repayments and interest with our easy-to-use 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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