M&S cuts loan rate to 5.5%

lovemoney.com
Pounds
Pounds

Interest rates are on personal loans are now at a six-year low.


If you want to borrow between £7,500 and £15,000, M&S Bank may be willing to lend to you at 5.5%. That's a cracking rate, especially when you remember that back in January, the cheapest loan on the market was 6% a year.
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