Nationwide Building Society has reduced the rate on selected levels of borrowing by 1.0% APR.
For customers looking to borrow between £7,500 and £14,999, the Existing Customer Personal Loan is now offered at a rate of just 4.9% APR. An online version is also available.
Example repayments: £7,500 loan over five years = £140.82.per month
Borrowers need to be existing customers of Nationwide to be eligible for this rate.
Additional application criteria will apply, with the final rate depending on the applicant's credit rating, the term and loan amount.
This reduction sees Nationwide offering a leading rate for the £7,500 - £14,999 tier.
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Compare loan repayments and interest with our easy-to-use loan calculator
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