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New from Santander lower personal loan rates

15th January 2014 Print

For a limited period only, Santander is to reduce APRs on personal loans between £3,000 and £10,000 when taken out for the purpose of debt consolidation.

The following rates will be available:

5.0% APR for personal loans between £3,000 and £10,000 for 1|2|3 customers
 
(new and existing)

6.0% APR for personal loans between £3,000 and £10,000 for non-1|2|3 customers (new and existing)
 
These reductions give Santander ‘best buy’ rates within the £3,000 to £10,000 loan tier. The new debt consolidation rates will be available in branch and via santander.co.uk.
 
Andy Smith at Santander, said: “As the economic environment continues to improve people feel more confident about borrowing, and Santander is increasing its lending accordingly.
 
“Helping consumers to manage what is traditionally an expensive time of the year, a Santander personal loan can be a cost-effective way to consolidate existing debts into one fixed monthly repayment, especially with our rates being amongst the lowest available within the personal loans marketplace.”