Nationwide BS has cut the rate of interest it charges to existing customers borrowing between £7.5K and £14,999.
The rate has been cut by 0.1% to 7.6%. Pricing on all other tiers remains unchanged, and all rates are typical and dependent on credit rating and the term of the loan.
The monthly repayment of £149.74 for a £7.5K loan over five years is one of the lowest on the market, although this is only a typical rate.
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