Representative 3.9% APR
About joint loans
Whether you’re working on a big dream or a little emergency, a joint personal loan is a great option if you’re looking to borrow money with a partner, family member or friend.
If approved, you could use a joint loan to:
To apply for a joint loan, applicants must share a NatWest joint account. Both applicants must be 18+ and a UK resident with a NatWest current account (held for 3+months).
Linking your finances
Taking on any new debt is a big decision, especially when you’re doing it as a team.
If you’re approved, your credit files will be linked and future lenders may take both your scores into account before approving you for any other borrowing.
It’s also key to know that if the person you’re taking a loan with defaults on a payment or the entire loan amount, you will be responsible for the full payment amount.
Borrowing terms
Can I pay off my loan early?
You can repay your loan early. It's important to remember that you will pay an early repayment fee of 58 days interest (or the remaining number of days interest if there are less than 58 days left in the loan term) to close your loan early. Find out more about early repayment charges.
Loan calculator
Representative Example
£7,500
0 months
£137.55
£8,253.00
3.9
% APR
3.9
% p.a.
The rate you pay depends on your circumstances and loan amount and may differ from the Representative APR. We will never offer you a rate exceeding 29.9% p.a. (fixed), regardless of loan size. This means you're not guaranteed to get the rate you see in the calculator.
The rate you pay depends on your circumstances and loan amount and may differ from the Representative APR. We will never offer you a rate exceeding 29.9% p.a. (fixed), regardless of loan size. This means you're not guaranteed to get the rate you see in the calculator.
What does APR mean?
Joint debt consolidation
Ready to get your ducks in a row? You can use a joint loan to combine both your debts and pay them off together.
If you or the person you’re applying with has other forms of debt such as a credit card, overdraft or loan, you can use a joint consolidation loan to put everything in one place and tackle the repayments as a team.
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 a NatWest current account (held for 3+ 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