Norwich Union is part of the Aviva insurance group, the largest in the UK. The personal Norwich Union loan has an advertised APR of 7.90% for loans between £2,000 and £25,000, with loan terms ranging from 1 to 7 years. If you apply for a Norwich Union loan online for an instant decision in most cases, and you will receive a free 12 month RAC membership.
Norwich union offers an optional payment protection plan to protect your finances in the event that illness or loss of employment renders you unable to meet your repayment commitments. The Norwich Union loan is fixed rate, allowing you to maintain a fixed budget with the same monthly repayments for the life of the loan, and there are no set up or arrangement fees.
The Norwich Union loan interest rates become less competitive on smaller loan amounts. You may find a more affordable option for your requirements by completing the form on this page. Also, if you require greater flexibility with your loan repayments, such as the option to repay the loan early without incurring penalty fees, you may wish to shop around, as early repayment of a Norwich Union loan incurs a settlement fee of one month’s interest.
We can put you in touch with an independent loans expert for free, no-obligation advice. Complete the form on this page to compare Norwich Union loan products to the cheapest personal loan options available.