Keeping Christmas Simple
Posted on Nov 26, 2024At Penny Post, we believe in keeping things simple. While some banks and building societies say, “Your interest rate depends on how you manage your accounts,” our APR is fixed—so the rate you see is the rate you’ll get! No hidden fees, no admin fees, no surprises.
Christmas will be here before we know it, and as the cost of Christmas has tripled for the typical family, many of us are feeling the pressure to make Christmas magical for the whole family. Members are looking for ways to help spread the cost of Christmas, and with rates starting from just 2.9% APR, Penny Post could help make Christmas stress free!
This Christmas, we’re here to lend a hand with flexible loans designed to suit your needs. Let’s take a look at how Penny Post can help you enjoy the most wonderful time of the year without the financial worry.
Personal Loan
No savings, no problem! Borrow for Christmas with our competitive interest rate, cheaper than most credit cards, and with ‘save as you borrow’ you’ll have a lump sum when you’ve repaid your loan.
A £1,500 Penny Post Personal Loan, repaid over 12 months will cost just £32.40 a week, total amount repaid £1,684.87, total interest £184.87 at just 25.9% APR.
Our Christmas Leaflet has more examples of how much a Personal Loan for Christmas might cost, or try our easy to use Loan Calculator.
Advantage Loan
£200 savings with Penny Post? Then borrow up to 5 x your savings at advantageous interest rates!
Borrow £2,000 with our Advantage Loan, and repay just £40.53 a week, total amount repaid £2,107.80, at just 10.9% APR, that’s less than £108 in interest!
Our Christmas Leaflet has more examples of how much an Advantage Loan for Christmas might cost, or try our easy to use Loan Calculator.
Savings Secured Loan
Sometimes you need money, but don’t want to dip into your savings. Keep your savings safe with our Savings Secured Loan. Borrow up to the value of your Penny Post savings at our lowest interest rate of just 2.9% APR!
Your savings continue to earn an annual dividend* making the rate even better than most high street lenders!
A £2,050 Penny Post Savings Secured Loan, repaid over 12 months will cost just £40 a week, total amount repaid £2,080.02, total interest just £30.02!
Take a look at our Christmas leaflet here or try our easy to use Loan Calculator.
The Penny Post team will be open to help members during the festive period. Find out more about out opening times here.