Nationwide cuts loan rate - Loans - News |

News News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Nationwide cuts loan rate

Nationwide cuts loan rate

Category: Loans

Updated: 13/09/2010
First Published: 10/09/2010

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 It is now over 6 months old so the content may be out of date.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

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 Any products featured may be withdrawn by their provider or changed at any time.