PTSB unveils two new loan products

Permanent TSB today unveils two new lending products that it hopes will help in 2015 to more than double the value of personal loans given to customers this year.

A new unsecured motor loan that allows customers to take ownership of the car immediately will be available for customers looking for between €1,500 and €75,000 to buy a car.

The bank will not require that the car be pledged as security for the loan, with the customer instead required to provide proof that the car was bought from a registered Simi dealer.