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 It is now over 6 months old so the content may be out of date.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

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