Nationwide personal loans are leading the market when it comes to the interest rates they demand, the bank has pointed out.
The financial group's rates on personal loans of £5,000, £7,500 or £10,000 currently stand at an average of 7.7 per cent - which means that they beat competitors such as supermarkets and other high street banks.
Nationwide also points out that all customers are eligible for the same rate whether they apply online, in-branch or over the telephone.
"Whatever the purpose of your loan whether it be for a new car, to pay for a wedding, carry out home improvements or consolidate other debts, our rate is hard to beat," explained Chris Rhodes, product and marketing director for Nationwide.
According to Nationwide's monthly index, consumer confidence is on the rise, having increased slightly from June to July.
It also predicted that the base rate is 95 per cent likely to remain the same when the Bank of England monetary committee next meets.
The financial group's rates on personal loans of £5,000, £7,500 or £10,000 currently stand at an average of 7.7 per cent - which means that they beat competitors such as supermarkets and other high street banks.
Nationwide also points out that all customers are eligible for the same rate whether they apply online, in-branch or over the telephone.
"Whatever the purpose of your loan whether it be for a new car, to pay for a wedding, carry out home improvements or consolidate other debts, our rate is hard to beat," explained Chris Rhodes, product and marketing director for Nationwide.
According to Nationwide's monthly index, consumer confidence is on the rise, having increased slightly from June to July.
It also predicted that the base rate is 95 per cent likely to remain the same when the Bank of England monetary committee next meets.
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