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Which bank offers the cheapest loan APR?

If you are based in the UK and are looking for the bank that offers the cheapest cheapest loan APR, then we have taken a look around and found that it is Tesco Finance that offer this deal on their Tesco Bank site, so lets take a look and see what they can do for you regards a great deal on a personal loan!

While they may be relative new comers to the personal finance scene, Tesco are pulling in the crowds thanks to some outrageous offers on Personal Loans at their site at http://www.tescobank.com/personal/finance/loans/. Anybody who gets a Tesco Personal Loan will enjoy an APR of just 7.4% representative on loans ranging from £7,500 to £14,999. You will also get fixed monthly payments and no set up charges, the ability to choose the date when you want to make your repayments, the option to take a payment break at the start of your loan, and the ability to use the loan for whatever you like, be it home improvements or a new car.

Tesco Personal loans are available for any term from 12 months to ten years, and the options is available to have the money in your account the next day if you wish for a small "Fast Delivery" fee of just £50. Early settlement of your loan is also possible, although you will be charged up to two months interest on the loan if you decide to settle it early.

All loans can be applied for online in a matter of minutes, so check out Tesco Personal Loans for an unbelievable deal on a personal loan.

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