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Loans Latest News Nationwide launches new personal loan deal
Loans Latest News Nationwide launches new personal loan deal Nationwide launches new personal loan deal
Nationwide has introduced a new personal loan product.
Anyone with a Nationwide bank account who is also looking for a personal loan might be interested in a new deal being introduced by the lender.As of September 7th, more consumers holding a Nationwide current account will be able to apply in-branch for the financier's personal loan which has a typical annual percentage rate of 7.7 per cent.
In addition, any customer who has not used their FlexAccount product as their main current account will be eligible for the loan if they transfer their primary savings to the lender and new customers will also be able to apply.
The deal - which is available for loans of between £7,500 and £14,999 for a period of five years - has been introduced in order to coincide with the release of new car registration plates.
Meanwhile, Ed Bowsher of lovemoney.com said last week that people should seriously consider switching their current account following the recession.
By Emma North
Tuesday, 31 August 2010 00:00
Top 5 Personal Loans
|
Loan |
Representative APR |
Min Loan |
Max Loan |
Min Term |
Max Term |
Representative Example |
Apply |
|---|---|---|---|---|---|---|---|
| View Full Table > | |||||||
 |
6.1%
|
£7,500
|
£15,000
|
1 Year
|
7 Years
|
Representative Example: £7500 borrowed over a period of 5 years at 6.1% (fixed) equals monthly repayments of £145 and a total amount repayable of £8,721. There are no other charges included in the total charge for credit.
|
|
 |
6.1%
|
£7,500
|
£14,999
|
1 Year
|
10 Years
|
Representative Example: £7500 borrowed over a period of 5 years at 6.1% (fixed) equals monthly repayments of £145 and a total amount repayable of £8,721. There are no other charges included in the total charge for credit.
|
|
 |
6.4%
|
£7,500
|
£14,999
|
1 Year
|
5 Years
|
Representative Example: £7500 borrowed over a period of 5 years at 6.4% (fixed) equals monthly repayments of £146 and a total amount repayable of £8,784. There are no other charges included in the total charge for credit.
|
|
 |
6.9%
|
£7,000
|
£14,999
|
1 Year
|
6 Years
|
Representative Example: £7000 borrowed over a period of 5 years at 6.9% (fixed) equals monthly repayments of £138 and a total amount repayable of £8,297. There are no other charges included in the total charge for credit.
|
|
|
|
7.9%
|
£15,000
|
£20,000
|
1 Year
|
5 Years
|
Representative Example: £15000 borrowed over a period of 5 years at 7.9% (fixed) equals monthly repayments of £303 and a total amount repayable of £18,206. There are no other charges included in the total charge for credit.
|
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