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Nationwide BS cuts loan rates

Nationwide BS cuts loan rates

Category: Loans

Updated: 14/12/2012
First Published: 18/10/2011

MONEYFACTS ARCHIVE
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 It is now over 6 months old so the content may be out of date.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 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.

Four out of five Moneyfacts stars have been awarded.

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