The Co-operative Bank to offer loans from 5.4%

The Co-operative Bank has reduced rates across its personal loan range, with loans now available from 5.4% APR.

Customers can now benefit from market leading rates, which are available immediately online, by phone and in branch. Rates are available from 5.6% APR for new customers and start from 5.4% for existing Privilege and Privilege Premier Account holders. Rates start at 5.5% APR for existing Current Account, Current Account Plus customers and also for Co-operative members.

James Hillon, Head of Loans at The Co-operative Bank said: "As a responsible lender we're committed to offering customers affordable options to help them manage their finances over the coming year. January is typically the time when people decide to get their finances in order and plan for the year ahead."