Clydesdale and Yorkshire launch their lowest ever personal loan rate

Clydesdale Bank and Yorkshire Bank have dropped their rate for unsecured online personal loans between £7,500 and £15,000 by 30bps.

From today, loans between £7,500 and £15,000 will be available from 4.7%APR, the lowest rate the banks have ever offered. The rate is available to new and existing customers on loans over terms of between 1 and 5 years.
 
The Banks have also cut the rate on larger loans. For loans of £15,001 to £25,000, the rate has been cut by 20bps to 6.6%APR.
 
Key Features:

4.7% APR for loans between £7,500 and £15,000 (Terms and Conditions apply)
6.6% APR for loans between £15,001 and £25,000 (Terms and Conditions apply)
A fixed interest rate over the term of the loan
Choice of loan terms – from one to five years
Available for new and existing customers
Most applicants will have an instant decision
Applications can be saved online for up to 30 days
Full early repayment & partial early settlement options available
Loans calculator for a quick personal quote
 
For further information on personal loans or other products available, visit cbonline.co.uk, and for Yorkshire Bank, ybonline.co.uk.
 
Andrew Pearce, Retail Director for Clydesdale Bank and Yorkshire Bank, said: “By dropping to our lowest ever rate; we are continuing to offer attractive deals across loans over one to five years – increasing the affordability of borrowing for both new and existing customers.”