Hitachi Capital has lowered the cost of borrowing on selected fixed term personal loan amounts by up to 2.6% APR for both new and existing customers.
The largest change is for customers looking to borrow between £2,500 and £2,999 who will now pay 8.0% APR (-2.6%APR).
Borrowers requiring between £5,000 and £7,499 will now pay a market-leading 5.9% APR, a reduction of 0.3%.
These rates are available online and by telephone, but borrowers must remember that they are representative and dependent on individual credit ratings.
Example repayments: £5,000 over three years = £151.54 per month.
These reductions from Hitachi Capital sees their mid-tier loan move to the top of the Moneyfacts best buy charts, while those looking to borrow smaller amounts will also enjoy competitive rates.
Four Moneyfacts Stars have been awarded.
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.