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New from Santander ‘10-day special’ personal loan rates

9th December 2013 Print

For 10 days only from Monday 9 December through to midnight on Wednesday 18 December, Santander is to reduce APRs on personal loans between £5,000 and £15,000.

1.40% off the APR for personal loans between £9,000 and £15,000, down from 5.9% APR to offer a market-leading 4.5% APR for new and existing customers.
 
1.80% off the APR for personal loans between £7,500 and £8,999, down from 6.5% APR to offer a market-leading 4.7% APR for new and existing customers.
 
0.80% off the APR for personal loans between £5,000 and £7,499, down from 6.8% APR to offer a market-leading 6.0% APR for new and existing customers.
 
The new lower rates will be available online through santander.co.uk or via the phone (0800 028 4055) until midnight on Wednesday 18 December.
 
These rate reductions give Santander three ‘best buy’ rates within the £5,000 to £15,000 loan tier.
 
Nick Potter, head of personal loans at Santander, said: “As the economic environment begins to improve people feel more confident about borrowing, and Santander is increasing its lending accordingly.
 
“Whether it’s for a car, home improvements, a holiday of a lifetime or helping you to manage what is traditionally an expensive time of the year, a Santander personal loan can be a cost-effective way to borrow, especially with our rates being amongst the lowest available within the personal loans marketplace.”