Derbyshire reduces Personal Loan rate to 4.6%

28 January 2014

With effect from Tuesday 28 January 2014, Derbyshire Building Society is reducing its personal loan rate to a market-leading 4.6% APR Representative.

The rate is available for loans of between £7,500 and £15,000 for a term of up to five years. Customers can apply for the loan via www.thederbyshire.co.uk or through the main comparison websites.

John Crossley, Nationwide’s head of personal loans, said: “Particularly at this time of year, people are looking to consolidate debt. In such circumstances, a personal loan could help reduce outgoings into manageable monthly payments.

“We would advise people to shop around to find the most competitive loan to ensure they are not paying significantly more than they need to.”

Please note: If you are a customer looking for information on our products and services, please visit the main website.