Debt consolidation

Take control of your finances

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.

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. 

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

Not have been declared bankrupt in the last 6 years

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

Intend to use your loan for acceptable purposes

You can't take out a loan for:

Buying or putting down a deposit on a property or land

Household bills, rent or mortgage payments

Car tax

Business purposes

Payments in arrears

Tax avoidance arrangements 

Court or solicitors' fees


Buying shares or other investment funds

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.

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. 

Are you ready to carry on?

What you'll need

Details of your address history from the past 3 years

Details of your monthly income and expenditure 

If we need some more information once you finish the application, we'll send you an invite where we may need the following:

Proof of ID (passport / drivers licence)

Proof of income 

What to remember

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

Which NatWest product do you have?

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.

Let's get started.

Our personal loan is only available to people who have a NatWest current account, credit card or mortgage.

Useful info

If you use Online Banking, apply before 5.55pm Mon - Thur and have your loan unconditionally accepted. If you are unconditionally accepted you will receive your funds the next working day. Sometimes we'll need to contact you for more information so it takes a little longer.

If your application has been unconditionally accepted, you'll receive written confirmation of your loan account details in the next few days. We will text you within the next two working days when the money is available in your chosen account.

If we require more information from you to process your application, we'll be in touch within 5 working days detailing your next steps, which can be completed using the options below. Your loan funds will normally be available within 48 hours of us receiving your completed application, provided you meet all of our credit requirements.


If you've opted in to paperless in your application, you may recieve an e-mail or text message inviting you to complete your application via DigiDocs (our secure online portal). Follow the instructions provided in the invite. 

In branch

If you have recieved a pack in the post, you can simply visit your local branch where your documents will be validated and your application completed. If you require your loan funds urgently we recommend you complete your application this way.

By post

If you have recieved a pack in the post, you can return your documents along with your signed application form using the freepost envelope in your application pack. Your documents will need to be certified first.

If you wish to speak to someone about your online loan application, please call us on the following number:

Call: 0345 303 0299 Minicom: 0800 404 6161

Monday to Friday 8am to 8pm, Saturday 9am to 6pm (excluding public holidays). Calls may be recorded.

Having a good credit history, paying bills on time, not missing payments and not applying for credit regularly will all help give you a good score. 

You can manage your bank account in a way which will help to improve your credit score. This means that further down the line you may then be able to successfully take out the product you originally applied for. 

Each lender has it's own system, but generally these things can improve your score: 

Being in the same job for a long time 

Owning your home 

Having lived at the same address for a while (more than a year)

Keeping your address records current 

Being on the electoral roll 

Cancelling unused credit and store cards 

Reducing your debts with savings 

Paying for insurance up front rather than monthly 

If you work as a contractor, are a sole trader, work under a partnership, are a director/owner of a limited company or are a member of a limited liability partnership you are still able to apply for a loan providing you meet our eiligibility criteria. You must be an existing NatWest current account, credit card or mortgage customer and have held your account for a minimum of 3 months. You must be over 18 years old and reside in the UK.

We will need to ensure that you are able to afford the monthly loan repayments. To do this we will need to see evidence of your income and review the on-going performance of your business.

To do this you will need to provide the below: 

Your last 2 years finalised accounts

Where the latest accounts are more than 12 months old, then confirmation of performance, in the intervening period should be obtained from an independent source e.g. accountant, auditor. 

If you own more than one business please provide the accounts for all of these. 

If accounts are not available, please provide the last 2 years Self-employment SA302 Tax Returns

In some circumstances we may require additional information. 

If you are a contractor, you will also need to provide:

Evidence of a history of employment over the past year 

Evidence that a contract for further work is in place

When you complete your loan application form, the income figure you provide must match that on your Tax Return Form, SA302 or detailed in your finalised accounts. If you haven't received a paper copy of your SA302 from HMRC it can be printed online. 

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.