Still dreaming of having your own car? Why not make this happen with the help of the Nationwide Online Car Loan. You can finally purchase a used or brand-new vehicle without loads of money upfront. Pay low and minimum interest monthly and there’s no need for a down payment. Worrying about the additional charges and fees? No need because Nationwide Building Society offers affordable car loan for its customers.
Want to know how to apply? Read on to discover how you can benefit from this type of loan.
Features of the Nationwide Online Car Loan
Nationwide provides personal loans suited to help you consolidate debt, improve your home or more. In this article, we’re going to focus on the Nationwide Online Car Loan and find out if it’s worth your time and money.
Towering fees and charges are the main reasons why people are afraid to avail of loans. But with Nationwide Online Car Loan, you are only charged for the interest alone and nothing else. Once your application is approved, you can repay the money you owe in 12, 24 up to 60 months. The total amount per month already includes the interest plus it’s fixed, to help you budget.
Another thing to love about this loan is you can instantly get the loan amount within two hours, from your Nationwide account. Remember, this car loan is only available for existing Nationwide customers. You must have a FlexPlus, FlexDirect, FlexOne, FlexStudent, FlexGraduate or the FlexAccount to get approved of this loan.
For online application, you’ll be glad to know that Nationwide makes a quick decision. You no longer need to wait for days and weeks just to know if you’re approved or not.
Curious how much will be the monthly repayment? Nationwide gives a free and no-obligation quote for customers.
Nationwide Online Car Loan Application
It’s so simple and easy to apply for this loan because you can do it through their website. To ensure that your loan application will be approved, you must be at least 18 years old, employed and has a net income of £700 and above, UK resident and has a main account with Nationwide. In addition, the fund cannot be used for any business, investment or speculative purposes.
For the loan amount, you can borrow a minimum of £7,500 up to £25,000.
Fees and Charges of the Nationwide Online Car Loan
You only need to think about the interest rate and nothing more. Absolutely no hidden fees and charges upon the application. The lowest APR you can get for loans up to £25,000 is 3% fixed and highest rate Nationwide can offer is at 18.9%.
Overall, the Nationwide Online Car Loan is one of the best loans offered in the market because of the straight-forward process and the fixed APR. You can pay back the money you owe up to 5 years, so it’s definitely affordable. What are you waiting for? Apply now and get your dream car today.