Yorkshire Bank Personal Loans are available for people living in the UK and looking for additional financial sources.
In this article, you will find the initial information on this bank, its conditions, reviews, etc.
Yorkshire Bank was established in 1859 by Colonel Edward Akroyd in Halifax, West Yorkshire. Its head office is located in Leeds.
Today, the Bank has more than 90 branches all over the country and 22 private and business banking centres in the Midlands and the north of England.
It is also a part of CYBG PLC, one of the leading banking groups in the UK.
What Do They Offer?
Yorkshire has on offer flexible personal loans with a representative APR of 4.9% that can be used for any purpose.
It is possible to apply for a loan online or visit one of their branches.
In both cases, it takes only minutes for their employees to make a decision.
There is no need to be a client of this bank to apply for their loans because they can send the money to any account.
It is possible to ask for Yorkshire personal loans in the amount of up to £25,000.
Usually, their loans are taken for 1-5 years, although the loan in the amount of more than £15,000 can be taken for more than 6-7 years if they are used to cover existing repayable loans from Yorkshire Bank.
They accept early repayments that allow you to save money.
Another good thing about this bank is that it offers fixed interest rates that will not change within the entire period of use.
Clients of Yorkshire Bank can take loans if they are from 18 to 74 years old. There are other conditions for clients of other banks, who must be at least of 23 years old to apply for a loan.
To obtain personal loans from Yorkshire Bank, all borrowers have to have a minimum annual income of at least £15,000.
Interest rates vary depending on circumstances, and if you have a good credit score, you can count on getting good conditions.
Generally, Yorkshire Bank receives a good rating.
On one of the reputable rating website, the bank has a score of 4.5 out of 5 based on 239 reviews.
Most of the customers appreciate them for the following factors:
- Customer service;
- Value for money;
- Ease of use.
There are also negative reviews, many of which have been written by their clients who have been with the bank for many years.
Most of them are related to poor customer services and delays.
For instance, according to one review, the customer lost the car that he wanted to buy including a deposit that he left for it due to slow work of the bank’s employees.
Yorkshire Bank has lots of happy clients, good conditions, and other advantages.
Although their customer support is mostly rated high, some of their clients are really unhappy with it.
It is recommended to consider using Yorkshire Personal Loans, but only after you check the work of their customer support.