Nationwide Loan Alternative

Nationwide Loan Alternative

Whether you’re looking for a way to tidy up your finances, replace your car or make some home improvements, a personal loan might be something you’ll need. There are plenty of times when we all need a little helping hand to get by.

When shopping around for a personal loan, it’s important that you look carefully at what different lenders or brokers have to offer, as well as comparing their interest rates and APR. When interest rates are similar, comparing the features and additional benefits can help you to choose. Look closely at features such as how quickly a lender can transfer the loan to you if approved, whether they charge fees, and how they’ll collect your repayments.

Here, we’ve considered how Simple Personal Loans compares to Nationwide to help you make a decision on who may be best for your financial situation.

Criteria for a Nationwide or Simple Personal Loan Alternative

Apply for a Simple Personal Loans or Nationwide loan means that you will have to fit most if not all of the lending criteria permitted. We both have a secure online form that you will need to fill out and we’ll do that rest for you. You just need to specify your desired personal loan amount, the payment period that suits you, your personal information, and other important details concerning your financial status. There are also basic criteria that you have to meet, like the following:

• You are a UK resident.
• Aged over 18 years old.
• Have a steady source of funds, like a regular payslip.
• You have a working e-mail.
• You have an active bank account.

**Nationwide requires you to have a net monthly income of £700+.

Depending on the lender, they might require additional requirements to verify your identification. All the details you will be supplying us will be verified and validated by the lenders. So make sure you provide the correct information to increase your chances of getting a loan.

Loan Comparison

Here, we’ve created a quick-glance table. It compares the key elements of loans from both Simple Personal Loans and Nationwide to help you make your decision.