Tesco bank as cut its interest rate on loans from £7,500 to £14,999 for new customers from 7.4% to 6.7% APR representative.
You could find a great deal with Tesco bank if you are considering doing home improvements, want to buy a new car or to consolidate your debts.
Representative Example:
Loan Amount £10,000
Monthly Payment £237.16
Term of Loan 48 months
Total amount Repayable £11,383.68
-6.7% APR representative (this is also the borrowing rate). All rates are fixed.
For loans in excess of £15,000 the rate has dropped from 8.5% to 8.3% APR representative.
