The bigger, the better? Think Again
You don't need to take out a large loan from us for it to be good value. If you're looking for a small loan amount, between £2,500 to £7,499, then we have some of the best rates available in the market. You could save on average £330.48 per year, on loans of £5,000 over 5 years. This is based on comparing our loans against the market average loan rate of 16.2% APR.*
| A Hitachi loan based on borrowing £5,000 Amount over 5 years* | ||||
|---|---|---|---|---|
| Representative | Rate of interest | Monthly repayment | Total credit charge | Total repayment |
| 3.5% APR | 3.5% (fixed) | £90.84 | £450.40 | £5,450.40 |
Take a look at how we compare with our competitors based on loans over 60 months*
| Representative APRS for: * | £2,500 - £2,999 | £3,000 - £3,999 | £4,000 - £4,999 | £5,000 - £5,999 | £6,000 - £7,499 |
| Hitachi Personal Finance | 13.4% | 8.4% | 8.4% | 3.9% | 3.9% |
| M&S Bank | 19.9% | 15.9% | 15.9% | 4.4% | 4.4% |
| Sainsbury's | 24.9% | 13.9% | 13.9% | 6.9% | 6.9% |
| Tesco | n/a | 8.5% | 8.5% | 3.5% | 3.5% |
| First Direct | 16.9% | 16.9% | 16.9% | 4.9% | 4.9% |
*Based on borrowing over 5 years, competitor rates valid as of 18/06/2020 (Source: MoneyFacts)
Our Price Promise
The majority of our customers receive the advertised rate. However, if you complete an application directly via the Hitachi Personal Finance website and are given a higher APR, we guarantee that you'll never pay more than £144.02 per month with our maximum 26.9% APR Representative when you borrow £5,000 over 5 years*.
And remember - if you apply for a shorter term and are offered a higher rate you will be able to increase the number of months you use to repay the loan to reduce your monthly payments to suit your budget.
Just one of the reasons we’ve been voted the UK’s Best Direct Loan Provider by Your Money for the last six years.
Small Loan details
- Small loan range from £2,500 to £7,499 for a term of 2 to 5 years
- 3.5% APR Representative* on personal loans between £5,000 and £7,499
- Easy to complete online application process and an instant decision
- Fixed monthly repayments
- No arrangement fees
- No Hidden fees
We believe in simplicity, so there are no set up fees or hidden charges. But remember the rate you are offered may vary due to personal circumstances and loan amount.
With our competitive and flexible low value loan you can borrow anything from £2,500 to £7,499 and take up to five years to pay it back.
Our easy online application process just takes minutes to complete and the funds could be in your account within two working days.
We treat all our customers and their applications on an individual basis. The rate is subject to change and the representative APR may not be the rate you'll receive. We'll offer you a rate based on our assessment of your personal financial circumstances. The maximum APR you could be offered is 31.9%*. All loans are subject to status.
*Only for applications carried out directly via the Hitachi Personal Finance website
Our Price Promise
The majority of our customers receive the advertised rate. However, if you complete an application directly via the Hitachi Personal Finance website and are given a higher APR, we guarantee that you'll never pay more than £144.02 per month with our maximum 26.9% APR Representative when you borrow £5,000 over 5 years*.
And remember - if you apply for a shorter term and are offered a higher rate you will be able to increase the number of months you use to repay the loan to reduce your monthly payments to suit your budget.
Just one of the reasons we’ve been voted the UK’s Best Direct Loan Provider by Your Money for the last six years.
13:09, January 23, 2021
