Nationwide BS has reduced the typical cost of a loan between £7.5K and £14,999 for new and existing customers.
For new customers, the typical rate payable is now 6.3%, while for existing customers it is 6.2%.
Rates are typical are dependent on credit ratings, as well as the amount and term of the loan.
This reduction from Nationwide BS makes the rates and repayments for mid-range borrowings of £7,500 to £14,999 the lowest currently available in the market.
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