Drive away with a Barclayloan

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BARCLAYS is cutting its rates on Barclayloans used to buy cars. For six weeks from the start of next month, new borrowers will be given a 2 percentage point discount on the loan rate. The interest rate on car loans of more than pounds 5,000 will be cut from 18.9 per cent APR to 16.9 per cent APR. Loans above pounds 2,500 will be charged at 17.9 per cent APR rather than 19.9 per cent APR.

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