Personal loans

All you need to know about an N&P Personal loan

Typical 8.9% APR variable

This is what's on offer with an N&P Personal loan:

Borrow for a new car, a special holiday or your home
Decision in minutes
Fixed interest rates so your payments won't change
Protect your loan repayments
Easy to apply - Existing customers can apply online, by phone or in branch, If you are not a customer you can apply through any of our branches.

Use the loan repayment calculator and see how much you could afford to borrow and how much your monthly repayments could be.

Apply now for a great loan with a quick decision

You’ve got better things to do with your time than spend hours on the phone arranging a loan. That’s why when you apply at your local branch or over the phone you’ll get a decision in just a few minutes.

All you need to do is let us know how much you would like to borrow, and for how long, and we will give you a quote based on your personal circumstances. And, just to give you an idea of how attractive our loan rates are, our typical rate for borrowing £10,000 to £25,000 is 8.9% APR.

Nothing to repay for 2 months

Better still, we even offer a repayment holiday with no need to repay a penny for the first two months after you receive your money. The repayment holiday must be taken at the start of the loan and interest will still be charged during this period.

You could have your money today

Ask in-branch or give us a call and we can give you a decision in minutes. If your application is approved, and once we’ve received your signed loan agreement, you could have up to £25,000 paid into an N&P account the same day. Alternatively we can transfer the money to another account within a few days.

Whether it’s a new car, a dream holiday you’ve promised yourself, or an extension to the house, the loan is yours to spend however you wish.

“Norwich and Peterborough provided us with the money we wanted at a rate we could afford. Our family decided we should treat ourselves to a new car this year. N&P offered us the best rate we could find. And we got hold of our money in under 24 hours. Fantastic!” Mr Brian Knowles, a very happy customer from Louth. Mr Brian Knowles, a very happy customer from Louth.

The Knowles family wanted to borrow money for their dream car. We were able to offer them an attractive loan rate. We were even able to give them their money on the same day they applied.

Take a look at the table below to see just how affordable a loan from us could be.

Based on £10,000 over 5 years (60 months)
	APR Typical	Monthly payment	Total amount repaid	Saving you?
N&P	8.9%	£206.92	£12,415.20	-
Natwest	10.4%	£212.27	£12,736.20	£321.00
First Direct	9.9%	£210.99	£12,605.40	£190.20

Source: Moneyfacts May 2008.
All figures are based on £10,000 – not including a payment holiday or loan payment insurance. Rates are typical and will depend on your personal circumstances. Competitors quoted may offer lower rates to existing customers, web or telephone applications or for larger loans.

Personal Loan Payment Protection Insurance

Could you make repayments if you were unable to work? Take out Payment Protection Insurance and there's no need to worry.

	Life	Accident & Sickness	Unemployment
Full Cover
Standard Cover

Full cover gives you life insurance and protects your repayments in the event of an accident or illness, as well as unemployment. Standard cover includes life cover, accident or sickness but excludes the unemployment cover. Please ask us for more details and a copy of the Payment Protection Insurance brochure. It is important that you check this policy covers your requirements and that it is suitable for your needs.

Important information

APR and repayment details are correct at the time of print. Loans are provided, subject to status, by Norwich and Peterborough Building Society, Peterborough Business Park, Lynch Wood, Peterborough PE2 6WZ. Authorised and regulated by the Financial Services Authority. The Society is not an agent for Pinnancle Insurance Plc.

More details regarding Payment Protection Insurance are available upon request. Terms and conditions apply. Payment Protection Insurance is underwritten by Pinnacle Insurance Plc, Pinnacle House, A1 Barnet Way, Borehamwood, Herfordshire, WD6 2XX. Registered in England NO 1007798. Authorised and regulated by the Financial Services Authority.