Nationwide Loan Comparison

Compare rates from Nationwide for a debt consolidation loan

There is a solution to get the finance you need when you have bad credit. Nationwide bank and many other lenders are not likely to approve you for an unsecured personal loan.

At UK Property Finance, we help compare the best loan products from Nationwide and other major lenders to give customers more loan options. Even if you have bad credit or piles of debt, you may be eligible to receive the funding that you need through a secured loan.

Secured loans for those with bad credit

There are many factors that can influence your credit history. If you fail to repay loans, your credit standing suffers.

Other factors that may impact your credit include:

  • The age of your credit accounts.
  • Your debt-to-credit ratio.
  • Court judgements and public records.
  • A lack of credit activity.

These issues may result in a lower credit score and limit your ability to get approved for a personal loan. With a secured loan, these issues are not as important to the loan approval process. The lender is primarily interested in the amount of equity that you have available to secure the loan.

A secured loan requires you to put up assets as collateral. Generally, the lender will require the borrower to use the equity in your property to secure a way for those with bad credit to obtain the funds they need.

Secured loans for debt consolidation

Debt consolidation is the process of obtaining a new loan to pay off existing debts. Instead of owing multiple lenders or creditors, you consolidate your debts into one loan.

When debt repayment comes from credit cards and unsecured loans, it is likely that a secured loan will provide lower interest rates. You save money on repayments reducing the total interest paid over the life of the loan. By consolidating your debt, you have the convenience of making a single repayment each month instead of paying off multiple accounts.

If you have bad credit or need to consolidate your debt, contact us today to begin comparing secured loans from the top UK lenders, including Nationwide. We are a leading loan broker, providing customers with more loan options and comparisons to find the best loan.

Bank Compare Rate
Barclays Barclays secured loans
Halifax Halifax secured loans
HSBC HSBC secured loans
Lloyds Bank Lloyds Bank secured loans
Nationwide Nationwide secured loans
NatWest NatWest secured loans
Post Office Post Office secured loans
RBS RBS secured loans
Santander Santander secured loans
Shawbrook Bank Shawbrook Bank secured loans
Skipton Building Society Skipton secured loans
Tesco Tesco secured loans
Together Money Together Money secured loans
Yorkshire Bank Yorkshire Bank secured loans
Woolwich Woolwich secured loans