According to the lender, the rate is applicable for all loan terms between one and five years.
Nick Smith, Head of Loans at TSB, says: “Our personal loans help customers to borrow well, whether they’re consolidating other loans, planning home improvements or looking to finance a car.
Unlike some providers, we don’t punish people for shopping around for a loan, as we offer personalised quotes on a TSB loan without affecting your credit ratings. We also make sure you get the loan quickly and we offer the flexibility of overpayments.
Unlike with some personal loans providers, customers will receive a personalised quote with the APR we’ll charge instantly without affecting their credit rating."
