Nationwide BS reduces loan rates - Loans - News - Moneyfacts


Nationwide BS reduces loan rates

Nationwide BS reduces loan rates

Category: Loans

Updated: 14/12/2012
First Published: 08/06/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Nationwide BS has reduced the pricing on its personal loans between £7,500 and £15,000.

The new and existing customer rates for loans between £7,500 to £14,999 have been reduced by 0.3% APR to 6.8% and 6.7% respectively. All rates are typical and dependent on credit rating and amount and term of loan.

This reduction in the cost of borrowing for loans between £7,500 and £14,999 is great news for both new and existing customers and makes Nationwide one of the most competitive lenders in this tier.

However, borrowers have to be aware that rates and repayments will depend on credit rating, borrowing amount and term length.

Four out of five Moneyfacts stars have been awarded.

Find the best loan for you - compare loans

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Get a record low rate loan - if you qualify

Competition in the personal loans market is as hot as ever, so much so that one loan provider has slashed rates to the lowest on record – but only to those who fit the bill. The shopping bill, that is…

Competition returns to loans, but stalls in cards

Our recent figures reveal a mixed picture in terms of unsecured lending, as while competition appears to have returned to the loans market, it’s notably slowed in the credit card sector.

How to improve your credit score

Are you thinking about applying for credit? If so, you need to make sure your credit score is in order.