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Joint Loans

Take on life together with a joint personal loan

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: 

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

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.

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. 

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 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

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.
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, let's get started!

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

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.

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.