/24-7PressRelease/ - LONDON, UK, August 27, 2006 - The First direct, UK's most recommended bank announced that if the borrowers return their first direct personal loan before time, the bank would refund their 25 per cent of the interest after the completion of the repayment period.
If the UK borrowers repay their first direct personal loan prior to the stipulated time, the bank would refund 25 per cent of the interest on the completion of the repayment period.
First direct, one of the UK's most recommended bank would return the money to the borrower when the borrower makes the final instalments.
This cashback offer would be valid for borrowers who choose to take loans before October 2nd 2006 and who have a repayment period of at least two years. The loan amount for the cashback offer ranges from 5,000 to 25,000.
If a person borrows 10,000 for a period of three years at a 6.9 per cent Annual Percentage Rate (APR), the borrower could expect a cashback of 266.93. The interest rate automatically reduces to 5.3 per cent per year. Such type of offer would definitely promote the borrowing of personal loans in future.
For additional information on the news, that is the subject of this release (or for a sample, copy, or demo), contact Webmaster, or visit http://www.shakespearefinance.co.uk/.
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