Debt consolidation loans

Take control of your finances with a debt consolidation loan

Representative 3.4% APR

How a personal loan can help with debt

A debt consolidation loan could be used to pay off your existing credit cards, store cards and other personal loans. 

You could consolidate all your debt into the one loan and only have one payment to make each month. 

Taking on any new debt is a big decision; extending the term of your debt can incur more interest and cost more in the long run and sometimes an early repayment charge may apply. 

Tips to keep your debt in check

Make a list

List out all your current debt. Check all outstanding balances, interest rates and any penalties for paying off the debt early.

Use our guide

Think through all your options. Could you use savings to reduce your debt? Check out our guide.

Change your payment plan

Struggling with excessive monthly payments? You may be able to arrange a new payment plan or a 'repayment holiday'.

Calculate your repayments

Use our debt calculator to see how much you'll need to pay back each month or how soon you could pay off your debt.

Debt consolidation loan calculator

Is the loan for home improvements?

How much would you like to borrow?

Home improvement loans of £7,500 or more are available over an extended term of up to 10 years.
Borrowing amounts of £7,500 or more are available over an extended term of up to 8 years.

How long would you like to repay?

Representative Example

Borrowing

£7,500

Over

1 year and & 0 months

Monthly repayment

£137.55

Total repayment

£8,253.00

Representative

3.9

% APR

(Annual Percentage Rate)
Interest rate

3.9

% p.a.

(Fixed)

Next steps

Check if you'll be approved

Use our Quick Quote tool to see how likely you are to be accepted for a loan or go straight to 'Ready to apply'.

Start your application

In most cases you'll know in a matter of minutes if you've been accepted.

Get a decision

If you use Online Banking, apply and are unconditionally accepted before 5.55pm Mon-Thur, the funds will be paid into your account the next working day.

Find out if you're likely to be approved

Don't worry, there's no impact on your credit rating.

We'll show you how much you may be able to borrow, your personalised interest rate and monthly payments. 

Useful info

Don't guess, let us help

Depending on what you need money for, a credit card or overdraft might be a better option than a loan. Our Borrowing Options tool will help you figure out what type of lending will suit you best. 

Ready to apply?

Great. Let's get started. Are you a...

To apply for a loan, you must:

Be at least 18 years old

Be a UK resident

Be a NatWest current account customer for at least 3 months

Not have been declared bankrupt in the last 6 years

Not have applied for a personal loan with us within the last 28 days

You can't take out a loan for:

Buying or putting down a deposit on a property, static caravan or land

Household bills, rent or mortgage payments

Car tax

Business purposes

Payments in arrears

Tax avoidance arrangements 

Court or solicitors' fees

Gambling

Buying shares or other investment funds

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application. 

We will do a full credit check during this application, which can affect your credit score. 

Important information

We want you to be sure this loan is right for you. So before you carry on, please take a look at our lending commitments. They explain what you can expect from us and what we ask of you.

Are you ready to carry on?

Do you use online banking?

So we can save you time by pre-filling in parts of your application, please log in to your account.

Let's get started

To apply for a loan, you must:

Be at least 18 years old

Be a UK resident

Be a NatWest credit card or mortgage customer for at least 6 months

Not have been declared bankrupt in the last 6 years

Not have applied for a personal loan with us within the last 28 days

You can't take out a loan for:

Buying or putting down a deposit on a property, static caravan or land

Household bills, rent or mortgage payments

Car tax

Business purposes

Payments in arrears

Tax avoidance arrangements 

Court or solicitors' fees

Gambling

Buying shares or other investment funds

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

We will do a full credit check during this application, which can affect your credit score. 

Important information

We want you to be sure this loan is right for you. So before you carry on, please take a look at our lending commitments. They explain what you can expect from us and what we ask of you.

Are you ready to carry on?

Do you use online banking?

So we can save you time by pre-filling in parts of your application, please log in to your account.

Let's get started