HSBC offers new lower personal loan rate
From Monday 4th November, HSBC will be offering a highly competitive rate on its personal loan of 4.8% representative on loans between £7,000 and £15,000 to its existing current account customers.
HSBC continues to see demand from customers for personal loans to support the purchase of cars, small home improvements and educational investment. Customers can apply though a branch or direct by telephone or through the internet. HSBC Premier customers will be able to borrow between £7,000 to £25,000 at the same rate.
Jonathan Byrne, Head of Assets and Retail Banking, said:
“We regularly review our loan rates to offer our customers the most competitive deals in the market and our new rate confirms this. We hope that this market leading rate helps our customers to finance the important things in life at affordable rates and in a way that suits their needs.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Buy-to-let
Buy-to-let market 'in transition' as landlords turn to refinancing
MPowered Mortgages
MPowered closes to new business amid potential sale
FCA
FCA bans and fines adviser £100,000
Budget
Reeves lays groundwork for tax rises in surprise pre-Budget speech
Bank Of England
Interest rates held at 4% in narrow 5-4 vote
Budget
What taxes could be raised in the Autumn Budget?