Rating based on 36 reviews

Nationwide

Updated

  • Vehicle finance up to £25,000
  • Low-interest starting from 3.4%
  • Repayment up to 5 years

In-page navigation


Nationwide homepage

Author Nationwide. Screenshot of Nationwide website. [Accessed May 15, 2020]

About Nationwide

For over 130 years we have been helping ordinary citizens of the UK when they need some extra cash be it a vehicle loan or a quick loan.

Our main focus as a building society is to assist members with their mortgage and to help them find their dream home.

Truly unique benefits

As we don’t have shareholders to answer to like a traditional bank doe we are able to offer our member some truly unique benefits. Becoming a member gives us access to our just-for-members product range. This range includes access to special deals on loans, car loans, credit cards, home insurance and financial protection options.

Our loyalty rewards programme rewards you for every year that you are a member of the Loyalty Saver or Loyalty ISA accounts, the longer you are a member the less interest you will be charged.

Earn yourself some extra cash 

If you recommend one of our current accounts to a friend or family member and they switch their account we will reward you with £100. You will be able to recommend up to 5 people per year.

When you want to help your friends or family members our Family Deposit Mortgages allow you to borrow money against your property so that you can gift the money to them to help them make the dream of owning their own home come true.

Support your favourite charity and help make a difference

Through the profits from our personal loans, we are able to offer Community grants programmes that donate up to £50, 000 to help combat the housing crisis. If you would like to volunteer to contact us to find out more about how you can make a difference.

Nationwide Services

As a member you will benefit from our low ARP% of only 3.0% on an unsecured loan between £7, 500 - £25, 000 over a period of up to 5 years.

Once your fast loan has been approved the money will be paid into your account in less than 2 hours.

Our car loans will have you driving faster

When you apply for one of our car loans we aim to get you in the driver’s seat as soon as possible. 

Our low-cost car loans are available for both used and new vehicles. If you need help to find a car our consultants would be more than happy to assist you.

There are no hidden fees and our contacts are transparent and easy to understand.

Once your car loan has been approved the money will be paid directly into your Nationwide current account in under 2 hours.

Use the acceptance indicator on our website to see if you qualify for an obligation-free car loan, you will receive an instant outcome so that you know exactly where you stand.

Check if you are eligible to apply

In order to apply for one of our Nationwide car loans you will need to meet the following criteria:

  • You need to be a member of Nationwide and hold either a current account, mortgage or savings account with us
  • Be over the age 18 years old
  • Be a citizen of the UK
  • To apply for a loan online is free and 100% obligation-free.

Nationwide Product Details

  • Loan Type Vehicle finance
  • Interest Rate from 3.4%
  • Loan Amount up to £25,000
  • Repayment 1 year to 5 years

Benefits of Nationwide

  • Fees are transparent
  • Get an instant decision
  • Personalised vehicle finance quote
  • Money in your account within 2 hours

Buy your dream car today, get a car loan with Nationwide

When you buy your first car there are many things that you need to consider, you will need to think about the make and model of the vehicle and if you are applying for vehicle financing you will need to know how much the online car loan will end up costing you.

The APR% or annual percentage rate refers to the cost of the loan. This amount is calculated by the interest rate together with any other fees that you will be charged on your loan. These fees can include setup fees and any other loan-related costs.

The easiest way to find the best online loans is to compare the APR% that you will be charged.

How long do you need to repay the loan?

Once you know how much money you want to borrow, you will need to know how long you will need in order to repay the online car loan.  The amount of time you need is called the loan term.

The longer that you need the more the loan will end up costing you. A longer loan term comes with lower monthly repayments but the overall cost will be more. The cost of your loan will be affected by the APR% any extra fees and the term of the loan contract.

Calculate the costs involved

There is a helpful calculator available on our website that can be used to calculate the repayments and the total cost of the loan. Calculate how much you have to spend to manage your budget better.

Easily improve your credit rating

If you have a good credit score then your online car loan will end up costing you less. There are many different ways to improve your credit score and avoid having to apply for bad credit loans that cost more, this includes:

  • Make sure you know your credit score and check all the information listed on it is correct
  • Don’t miss a payment or pay your account late
  • Never pay less than the minimum amount due and always pay as much as you can afford too
  • Build up a good credit history
man holding thumbs up

Nationwide is a trusted & reliable provider of vehicle finance

In our review, Nationwide adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Nationwide is a registered credit provider in the UK; FCA number 106078

Customer Reviews & Testimonials

The incredibly low-interest rate on unsecured car loans blew my mind, best deal there is.

Joseph C
— Stamford —

Impeccable customer services and quality loan product!

Alexander P
— Manchester —

Nationwide Contact Details

Contact Number

E-Mail

  • not available

Website

Physical Address

Opening Hours

  • Monday 08:30 – 16:30
  • Tuesday 08:30 – 16:30
  • Wednesday 08:30 – 16:30
  • Thursday 09:00 – 16:30
  • Friday 08:30 – 16:30
  • Saturday – Closed
  • Sunday – Closed