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Clydesdale and Yorkshire Banks launch lowest ever loan rates

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clydesdale-bankGlasgow-based Clydesdale Bank and sister brand Yorkshire have this week launched their lowest ever loan rates.

Clydesdale said new and existing customers can now take an unsecured personal loan of between £7,500 and £15,000 with a rate of 3.8 per cent APR.

Rates on loans between £5,000 and £7,499 have been cut to 4.5 per cent APR while loans over £15,000 are now available at 4 per cent APR.

The lender said the rates will be available until Wednesday 30th September 2015.

Key features include:

  • A fixed interest rate over the term of the loan

  • Choice of loan terms

  • Available for new and existing customers in branch, online or by phone

  • Most applicants will have an instant decision

  • Instant payment for in branch applications

  • 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

    • Steve Fletcher
    Steve Fletcher

    Steve Fletcher, Director, Retail Banking, said: “We recognise that there are different times when people need to take a loan and Clydesdale and Yorkshire Banks are focused on offering competitive rates for both new and existing customers however they apply.

    “We hope that by offering our lowest ever rates we can help make it easier for customers especially those considering larger purchases such as a car with fixed monthly payments over a set period of time.”

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