Market-leading loan from Clydesdale & Yorkshire
A tumultuous week in the personal loan market has seen Clydesdale and Yorkshire Banks reclaim top spot after cutting its rates to a market-leading 5.7% APR.%VIRTUAL-SkimlinksPromo%
A week of changes
This move from Clydesdale and Yorkshire Banks is just the latest in a busy week of personal loan price changes. Let's take a look at what else has happened.
Tesco confirmed on Tuesday that it would be bumping up rates on personal loans of between £7,500 and £15,000 by 0.2% to 5.9% for new customers. Existing customer loans would also see rates increased, though only by 0.1% to 5.8%.
The next day M&S Money announced that it would be cutting its personal loan rate by 0.2% for loans of the same size. As a result, it would now by charging 5.8%.
AA then announced it would be slashing a whopping 1.5% off the rate it charges for loans of £7,500 to £15,000, taking its rate to 6.4% APR.
The personal loan best buys
So, let's take a look at how the best buy table for personal loans now looks if you're after £7,500 over a five-year term.
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