Personal loans rate changed by Nationwide
Published: 2 April 2009
By Diane Ray 1 Comment
Updated: 2 April 2009
Nationwide has today changed the rate on its personal loans to 8.2% APR typical.
According to Nationwide this rate makes them highly competitive compared to other high street banks offering personal loans.
The exact rate will depend on the amount borrowed and the particular customer circumstances.
The 8.2% APR typical rate quoted is for personal loans of between £7,500 and £14,999.
This is for Nationwide customers with a FlexAccount debit card and / or mortgage, subject to individual circumstances.
The loans can be repaid over 1 to 7 years.
Interestingly, currently the main supermarkets, along with Nationwide, seem to be chasing for the lowest personal loans rates, with the traditional high street banks such as RBS and Lloyds TSB offering much higher typical rates.
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