Nationwide finally drops loans offer
Filed under: News — Tags: loan, personal loans —
The Nationwide Building Society has finally dropped it’s loan offer of 7.7%, introduced two months ago.
The default rate is now 7.9%, which is still one of the leading rates on the market.
Press release here:
http://www.nationwide.co.uk/mediacentre/PressRelease_this.asp?ID=1467
With effect from Wednesday 7 October 2009, Nationwide will be introducing a new personal loan rate of 7.9% APR typical for loans of between £7,500 and £14,999* for its current account customers.
Over the past two months, Nationwide has been offering a special market leading low rate loans rate exclusively for its current account bank account customers. When the special offer period ends on Wednesday 7 October 2009, Nationwide will continue to reward its current account customers by offering a rate of 7.9% APR typical. This continues to be the lowest rate in the UK and beats the rates set by other high street personal loan providers by offering a sub 8% rate. The same low rate applies whether the loan is taken out through a branch, telephone or the Internet.
Story link: Nationwide finally drops loans offer
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