M&S Money personal loans 'offer 10% cashback'
www.moneynews.co.uk > Loans > M&S Money personal loans 'offer 10% cashback'
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M&S Money personal loans 'offer 10% cashback'
Mon 22nd Jun 2009
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Customers who take out a personal loan spanning 36 months or more with the firm between June 24th and August 11th will be able to take advantage of the deal.
Upon their final repayment, those taking out the loan will be granted a refund of ten per cent on the total sum of interest they have paid during the loan's full term.
It points out that, taking the cashback deal into consideration, the average rate of 8.7 per cent APR on a £10,000 or more loan over 36 months would have the equivalent interest rate of 7.9 per cent per annum.
M&S money was founded in 1985 and has grown to become the second-largest distributor of travel currency in the UK. It was sold to the HSBC banking group in 2004.
Click here for more loans news
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