New Green Home Improvement and Green Electric Car Loan products available.
Maximum personal loan available increased from €40,000 to €75,000
New loan rates available, including a market-leading rate of 5.9% APR on loans over €20,000.
Minimum loan amount increased from €500 to €1000
APR rate for loans reduced from 8% to 6.1% for loans of €20,000 - €39,999 and from 7.1% to 6.1% for loans of €40,000 - €75,000.
APR rate on loans increased from 6.1% to 8% for loans of €20,000 - €39,999 and from 6.1% to 7.1% for loans of €40,000 - €75,000.
New rate of 6.1% APR available on all personal loans over €20,000.
KBC lower APR on Personal Loans. Existing Current account holders borrowing €10000-€50000 APR was 7.49 now 6.30. Non Current Account holders borrowing €10000-€50000 APR was 8.49 now 7.30.
AIB Personal Loan up €10,000 no longer available, new offering student loan AER was 12.99% now 8.45% AIB Personal Loan €10,000 - €50,000 AER was 9.99% now 8.95%
APR Rate has decreased for Personal Loan (fixed) from 15.30% to 10.90% for the amount between [€2500 - €4,499.00] APR Rate has decreased for Personal Loan - (available to ufirst current account customers) (fixed) from 14.30% to 9.90% for the amount between [€2500 - €4,499.00]
In the last three months, there have been 2 adjustments to the personal loans market.
The most recent rate change was announced by An Post Money on 31 July, 2020, which we consider to be positive for the consumer. The summary of the change is: "<p>New <em>Green Home Improvement</em> and <em>Green Electric Car Loan </em>products available. </p>."