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Personal Loans

Tesco Bank cuts rates on personal loans

Tesco Bank has reduced its interest rates on loans between £5,000 and £25,000, giving customers some of the best rates currently available in the market.

Sainsbury's Bank offers personal loan Price Promise Guarantee

Sainsbury's Bank is offering a Price Promise Guarantee whereby if any customer successfully applies for its standard personal loan but secures a better rate elsewhere with another provider, the supermarket bank will beat it.

5.9 per cent personal loan rate marks a five year low

The launch of a new personal loan rate of 5.9 per cent from Sainsbury's Bank for borrowing between £7,500 and £15,000 taken over 1-3 years, marks the first time rates have fallen below 6.0 per cent since September 2007.

Derbyshire offers market leading personal loan

Derbyshire Building Society, part of the Nationwide Group, is offering a personal loan with a market-leading rate of 6.0% APR Representative for loans of between £7,500 and £14,999.

Sainsbury's Finance cuts personal loan rate

Sainsbury's Finance has reduced its Standard personal loan rate to a best buy 6.1% APR Representative for loans between £7,500 and £14,999.

M&S Money reveals leading loan rate

From 5th January 2012, M&S Money is reducing the rate on its personal loans from 6.4 per cent to 6.0 per cent APR (representative). The offer applies to personal loans between £7,500 and £15,000 over 12 to 60 months.

The Co-operative Bank lowers loan rates

The Co-operative Bank has further reduced rates across its entire personal loan range by 1% APR.

Personal loan rates hit lowest levels in years

Unsecured personal loan rates for those borrowing over £7,500 have hit their lowest levels since the start of the credit crunch, according to analysis from Britain's number one comparison site, MoneySupermarket.

Nationwide offers personal loan rate of 6.1%

Nationwide is cutting its personal loan rate to 6.1% APR Representative - the lowest rate Nationwide has ever offered, and once again, the UK's lowest personal loan rate.

Tesco Bank cuts loan rate to 6.4% APR

Tesco Bank has cut its interest rate on loans between £7,500 to £14,999 for new customers from 6.7% APR to 6.4% APR representative.

Unsecured loan rates have increased significantly since 2009

Analysis of the unsecured loan market by independent financial research company Defaqto has found that since the base rate reduced to 0.5% in March 2009:

Tesco Bank cuts loan rate

Tesco Bank has cut its interest rate on loans between £7,500 to £14,999 for new customers from 7.4% APR to 6.7% APR representative.

Nationwide offers its lowest ever personal loan rate

Nationwide Building Society has cut its personal loan rate by 0.2%. This latest rate is the lowest personal loan rate ever offered by the Society and is open to both new customers and for new loans to existing customers.

M&S Money reveals market leading loan rate

M&S Money is reducing the rate on its personal loans from 6.7% to 6.4% APR (representative). The offer applies to personal loans between £7,500 and £15,000.

Nationwide cuts personal loan rate

Nationwide Building Society has cut its personal loan rate by 0.10% to the lowest rate the Society's offered since 2006. The new rate is open to both new customers and for new loans to existing customers.