The Week Unzipped: Sainsbury's cuts rate for loans
Published Date:
28 December 2008
SAINSBURY'S Finance has cut the rate of its online personal loan to 8.2% for customers looking to borrow between £7,000 and £15,000.
The 0.7% reduction is available for a limited time to customers who apply for the loan online.
SVR lowered
SKIPTON Building Society has reduced its standard variable rate to 5% following December's cut in the Bank of England base rate.
The new rate is effective immediately for new mortgage applications, and from January 1, 2009, for existing mortgage customers.
Merger confirmed
THE Financial Services Authority has confirmed the proposed merger of Barnsley Building Society with the Yorkshire Building Society.
The decision follows a hearing about the merger on December 15.
New savings deal
NORWICH & Peterborough Building Society has launched an E-Saver Account paying 3.25%.
The online account is for new and existing customers over the age of 16.
The full article contains 154 words and appears in Scotland On Sunday newspaper.
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Last Updated:
27 December 2008 1:11 PM
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Source:
Scotland On Sunday
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Location:
Scotland
