PTSB to cut some personal loan interest rates by 4.9%

A new suite of personal loans launched by PTSB will see interest rates for some personal loans cut by up to 4.9%. Picture: Andres Poveda
A new suite of personal loans launched by PTSB will see interest rates for some personal loans cut by up to 4.9%.
From today, PTSB has simplified its loan structure with just three interest rates linked only to the amount of the loan. The new loan rate for a personal loan of between €1,500 and €10,000 is 8.50% compared to 13.4% currently for loans of between €1,500 and €6,999 - a reduction of 4.9%.