M&S Bank offers lowest ever loan rate for a limited period

M&S Bank launches its lowest ever personal loan rate of 3.9 per cent APR (representative) on loans between £7,500 and £15,000.

The limited period offer will be available to both new and existing customers until Monday 24th November 2014.

Crawford Prentice, Deputy CEO of M&S Bank, commented: “We’ve been reducing the cost of borrowing for our customers for over 25 years and we’re delighted to be able to offer our lowest ever rate on our most popular loan tier.”

M&S Bank offers personal loans from £1,000 to £25,000 over 12 to 60 months and customers have the option of making no payments for the first three months, subject to lending criteria.