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£15k Loan - Best Lender
Hello,
I am looking for a £15k loan once our house purchase completes, in order to buy a new car, as well as a few other bits for the new house.
My bank is HSBC, and they currently have an attractive rate of 3.3% over 5 years. I have previously had two personal loans with them (at higher rates than advertised, the usual story), and have paid both back early.
Would it benefit me to go back to HSBC based on my 15 years of holding an account with them, and two successful historical loan repayments, or will the fact that I paid them back early work against me? My mortgage just for reference, will be with another bank.
Grateful for any advice.
TJ
I am looking for a £15k loan once our house purchase completes, in order to buy a new car, as well as a few other bits for the new house.
My bank is HSBC, and they currently have an attractive rate of 3.3% over 5 years. I have previously had two personal loans with them (at higher rates than advertised, the usual story), and have paid both back early.
Would it benefit me to go back to HSBC based on my 15 years of holding an account with them, and two successful historical loan repayments, or will the fact that I paid them back early work against me? My mortgage just for reference, will be with another bank.
Grateful for any advice.
TJ
0
Comments
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If they're offering a good rate, you may as well start with HSBC.0
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Sainsburys are doing 3.1% at the moment, we took one out with them last week for a car as it was cheaper than the finance company could offer.0
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If you have the 3.3% confirmed then go with it.0
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