Derbyshire reduces loan rates to market leading 5.8%

10 August 2012

With effect from 10 August 2012, Derbyshire Building Society is reducing its personal loan rate to a market leading 5.8% APR Representative, the lowest rate ever offered by the Nationwide Group.

This new rate is available to customers applying online at or through comparison websites, such as Moneysupermarket, and is available for loans of between £7,500 and £14,999 for a term of up to five years.

Paul Wootton, Nationwide’s head of personal loans, said: “Since its launch earlier this year the Derbyshire personal loan has been a regular feature in best buy tables.

"The new market-leading rate of 5.8% APR representative is the lowest rate ever offered by the Society.

"Summer is often the time when people think about booking a dream holiday, buying a new car or even refurbishing their home.

"If you’re thinking about making that big purchase and are unsure on how best to finance it, consider a Derbyshire personal loan."

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