Tesco reduces £15K - £25K loan rates | Product News - Moneyfacts

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Tesco reduces £15K - £25K loan rates

Tesco reduces £15K - £25K loan rates

Category: Loans
Date: 04/09/2013

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 It is now over 6 months old so the content may be out of date.

Tesco Bank has cut the rate for unsecured personal loans between £15,001 and £25,000.

The basics…

Tesco's personal loan for large borrowing now offers customers a rate of 6.9% APR.

Monthly repayments based on a loan of £25,000 will be £768.40 for 36 months. The total repayable is £27,662.40.

The finer details…

This loan is available to both new and existing customers.

Customers are able to take payment holidays.

Rates are representative and dependent on an individual's credit rating.

Why we like it…

Tesco Bank's rate cut sees this product move up the best buy tables. While lower rates are available, this product is still highly competitive.

Four Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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