Intelligent Finance lowers rates

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Intelligent Finance is to reduce its personal loan rate to 9.6% APR from 9.9% and its authorised ove...

Intelligent Finance is to reduce its personal loan rate to 9.6% APR from 9.9% and its authorised overdraft rate to 9.75% EAR from 10.5%. The company's mortgages will be reduced to 5.75% SVR from 6%, discounted during the initial six-month period to 4.25%. Current account rates will reduce to 4.1% gross AER from 4.5%.

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