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    PTSB to cut some personal loan interest rates by 4.9%

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    By Irishexaminer.com,Martin Claffey

    Copyright irishexaminer

    PTSB to cut some personal loan interest rates by 4.9%

    PTSB’s other rates will see loans between €10,000 and €24,999 offered with a rate of 6.99% and from €25,000 (5.99%) and these rates are available to both existing and new customers.

    The bank is also launching a new ‘Affordability Calculator’ which will provide customers with an indicative eligible loan amount at application stage. “We have created a more simplified and easier to follow loan offering which customers can easily assess and apply for, and the digital application experience for PTSB customers is transformed,” said PTSB head of product and pricing strategy Dermot Ryan.

    Existing customers of PTSB are able to apply online through Open24.ie or through their PTSB mobile app with real-time decision making and with funds transferring to the customer’s PTSB account instantaneously if approved.

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