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Northern Bank Fixed Rate Personal Loan


Acceptance Criteria

  • You must have a good credit history
  • You must be 18 years of age or older to apply
  • A guarantee and indemnity may be required (for which a fee may be payable)
  • You must have a Northern Bank Current Account
  • If you do not have a Northern Bank Current Account, you can open one and apply for the loan at the same time
  • Northern Freedom, Choice Plus and Prestige customers are eligible for a discount

Loan Details

APR

9.4% - 19.9%

Representative APR

9.9%

Loan Amount

£1,000 - £25,000

Repayment Period

Minimum Term 1 year

Loans up to £25,000 - 5 years

Repayment Method

Standing Order

Speed To Payout

In branch - 24-48 hours

Via telephone - 5 working days

Arrangement Fee

No Fee

Payout Method

Transferred into your Northern Bank personal current account

Income Protection Available

No

Average Customer Review

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Loanfinder Ranking

55th for APR of 423 loans in the UK  (See Lender League Table By APR)

About Northern Bank Fixed Rate Personal Loan

With a Northern Bank Fixed Rate Personal Loan you can borrow anything between £1,000 and £25,000 for almost any purpose. You can pay the loan over 5 years. The money is transferred directly into your Northern Bank Personal Current Account. You must have a Northern Bank current account to apply for this loan - if you don't at the moment, they can help you open one just to apply for the loan. You may need to provide a guarantee and indemnity to be able to get the loan but they will notify you this after you have completed your application.

You can arrange an appointment online to see one of their employees to talk about your application or you can apply over the phone. If you apply in one of their branches, you can get the loan within 24-48 hours. If you apply over the phone, it can take up to 5 working days for the money to transfer.

 

Current Offers:

0.5% discount on standard fixed rate personal loans for Northern Freedom, Choice Plus and Prestige customers

Charges

Default Fees

Interest owed on the instalment from when it is due until the date it is actually paid

Early Settlement Fees

You can settle at any time by giving them notice in writing and paying off the amount you owe under the agreement

Late Payment Fees

None

Customer Reviews: The truth about Northern Bank Fixed Rate Personal Loan

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Contact Details

Address

Northern Bank Limited, Donegall Square West, BT1 6JS

Telephone Number

0800 66 00 33

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Loanfinder is a trading name of Post Net Ltd. Registered in the UK, number 3400885. Registered Address: Walton House, 56-58 Richmond Hill, Bournemouth, BH2 6EX Registered with the Information Commissioner's Office Z7190505. Consumer Credit Licence Number 476055. Credit available to persons over 18. You are under no obligation by completing the application form.


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