Nationwide announces new personal loans rates

Story link: Nationwide announces new personal loans rates

The Nationwide Building Society has announced a new range of personal loan rates this week, offering a more competitive rate on loans between £7500 and £15000:

Nationwide’s new personal loans rates

With effect from Thursday 2 April 2009, Nationwide Personal Loans will offer a competitive rate of 8.2% APR typical for loans of £7,500 to £14,999*. With this typical rate, Nationwide remains lower than all high street banks and offers the same low rate across all three channels – branch, telephone and internet**.

# The rate offered will depend on the amount borrowed and the customer’s personal circumstances.
# Nationwide Personal Loans are available for any amount between £1,000 and £25,000.
# Repayment term is between one and seven years.
# There are no upfront charges or arrangement fees.
# All loans are subject to status and are available to those aged 18 or over only.
# Apply in branch, by telephone - 0800 30 20 10 - or online (where a decision can be made in minutes)