Savings accounts provider Nationwide lauds personal loan interest rate
www.moneynews.co.uk > Loans > Savings accounts provider Nationwide lauds personal loan interest rate
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Savings accounts provider Nationwide lauds personal loan interest rate
Wed 8th Sep 2010
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Divisional director for banking at the organisation Graham Pilkington pointed out there may be one item in particular that people might want to borrow for currently.
"At a time of year when we're likely to see an increase in personal loan applications, these low rates will be attractive to people looking to fund the acquisition of a new car," he said.
Nationwide FlexAccount holders are able secure loans of between £7,500 and £14,999 at 7.6 per cent, with Mr Pilkington saying he is delighted to state this is the lowest rate in the UK.
In his opinion, this could be a great way to pay for a new car, since it can help simplify monthly outgoings into one fixed, monthly repayment.
Price comparison site moneysupermarket.com recently suggested there may be plenty of people looking to buy a car this month, because 60 plate cars are going on sale.
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Related News : Nationwide |
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