About Nationwide Building Society

Nationwide Building Society has mutual status, and is the UK’s fourth largest mortgage lender. It is the largest building society in the world with 150 years of experience.

The Nationwide personal loan offers customers a flexible interest rate system, so you’ll pay a lower rate of interest for a larger loan. Unlike most lenders, Nationwide advertises a rate for each loan amount, and every single successful customer gets the interest rate as advertised at the time.

Nationwide doesn’t charge arrangement fees for setting up your loan, and payment protection insurance is available in case you’re experiencing financial difficulties and need to cover your repayments for a short period.

Nationwide loans are available to UK residents who are between the ages of 18 and 65. Applicants must have regular income. In addition Nationwide requires that applicants must never have been declared bankrupt, have had a CCJ, defaulted on a credit agreement or been declined for credit in the last 6 months.

Homeowners and tenants can apply for Nationwide Building Society, but one usually needs a very good credit history to qualify. It would be worth-while to compare Nationwide Building Society to other UK lenders first.

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