Halifax, part of the Lloyds Banking Group, is
offering £100 of free petrol on a pre-paid card to customers taking
out a loan to buy a car.

The offer, from the banking chain and personal
loan provider, will be available until 21 October to customers
borrowing between £5,000 and £25,000 on terms between one and seven
years in length.

Chris Phillips, head of personal loans at
Halifax, said cars were one of the most common purchases with a
personal loan and the company pointed out
September’s new plate registration makes now a prime time to buy
for motorists
.

Currently, APR would be 8.8% for a loan of
£8,500 over 48 months with Halifax.

richard.brown@vrlfinancialnews.com

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