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Joint Loans

Take on life together with a joint personal loan

Representative 3.4% APR

Taking out a joint loan

Joint personal loans mean you and a loved one, family member or friend can borrow money together. If approved, you can use the money for a special event, big project or a shared passion and chip away at the loan as a team.

You could use a joint loan to: 

Taking out a loan with a partner could help in paying off your shared debts. You can pay off your credit cards and other personal loans by making one payment each month.

Find out more about our debt consolidation loans.

Things to keep in mind about joint loans

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. If your partner defaults on a payment or the entire loan, you will still be responsible for the full amount.

If you're approved for a joint loan, your credit files will be linked and lender may take both scores into account before approving you for future borrowing

Borrowing terms

This is the length of time over which your personal loan agreement is in place. Our minimum and maximum terms for certain loan amounts are shown below.

Can I pay off my loan early?

Joint 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)
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What does APR mean?

APR can be confusing. Grab a cuppa, take a few minutes and read our guide to APR for some help.

Applying for a joint loan

Let's get ready to apply

Before you apply, we need to check you're happy with a few things.

First, you can apply online if you:

  • are 18+ and a UK resident with either a NatWest current account (held for 3+ months), credit card or mortgage (held for 6+ months)
  • have not been declared bankrupt in the last 6 years
  • have not applied for a personal loan with us within the last 28 days

Now please read a few other important things:

Ready to apply?

Do you have NatWest online banking?
If you know your online banking details we can pre-fill some of your info - making the application process faster and giving you more time to put your feet up.
Do you have a NatWest current account?
Are you applying on your own?

Great, let's get started!

Just a heads up - you'll need your Online Banking login details at the next step.

Great, log in to get started!

Just a heads up – you’ll need your online banking log in details at the next step.

Fantastic, let's get started!

Let’s get you signed up for Online Banking

You’ll need to sign up for online banking with us in order to apply for a loan. The good news is that it normally takes only 5 minutes and all you’ll need is your sort code, account number and your NatWest Debit Card, if you have one.

 

Once you’ve registered, select ‘next’ to log in and apply for a loan.

Do you have a NatWest current account?
Are you applying on your own?

Fantastic, you're all set!

Just a heads up – you’ll need your online banking log in details at the next step.

Fantastic, you're all set!

Just a heads up – you’ll need your online banking log in details at the next step.

Fantastic, you're all set!

Just a heads up – you’ll need your online banking log in details at the next step.