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Nationwide reduces personal loan rate to 8.2%

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by David Masters
Nationwide reduces personal loan rate to 8.2%

Nationwide has announced that it has cut the interest rate on its personal loans to 8.2% APR typical.

Nationwide said this rate is the most competitive available from a high street provider.

The rate is available to Nationwide customers with a FlexAccount debit card or mortgage taking out a loan of between £7,500 and £14,999.

The loan can be taken out in a Nationwide branch, over the internet, or by telephone.

Sainsbury’s Bank offers a lower personal loan rate of 8.1%, but this is only available to online customers.

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Story link: Nationwide reduces personal loan rate to 8.2%

News posted: April 3, 2009

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