Loans
Northern Rock Loans
Our Online Loan Buys *
| Typical APR | Per Mth | ||
|---|---|---|---|
|
8.5% | £203.65 |  |
|
8.6% | £204.10 | |
|
8.6% | £204.10 | |
|
8.7% | £204.55 | |
|
9.1% | £206.15 | |
| * Based on £10000 over 5 years and is not a full search of the whole market | |||
Read the latest about the Northern Rock here.
Northern Rock loans offers highly competitive interest rates for current mortgage customers who are looking to take out a personal secured loan. Northern Rock is a relatively small bank. It was one of a clutch of building societies to demutualise, become a bank and issue shares on the stock market in the late 1990s.
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Since becoming a bank, Northern Rock loans have established a reputation as being among the lowest interest rates available in the personal loans and secured loans markets. In 2008 however they ceased offering personal and secured loans to new UK customers.
Northern Rock's roots go back to the 1850's in Newcastle, but the modern organisation was formed in 1965 when the Northern Counties Permanent and the Rock Building Societies merged to form Northern Rock Building Society. In October 1997 the Society converted to a plc.
As a bank, Northern Rock is the largest financial institution based in the North East of England but more than half of its business is now done outside the North East.
Are Northern Rock going to be right for you and your circumstances? It is always worth shopping around before making your decision; to make sure you are choosing the right loan for you, you should use a comparison tool like Moneyextra's Personal Loan Search.
Last updated July 2008
Nothing in this article constitutes investment advice or a recommendation by Moneyextra to invest in any product, or employ any service, mentioned or advertised.