Unsecured Loans - Personal Loans - NatWest

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Unsecured loans

Apply for an unsecured loan with NatWest

Apply now Find out if you're likely to be approved

Borrow between £7,500 and £19,950 at our rate of 

Representative 3.4% APR  


Other amounts available at alternative rates. Our rates depend on your circumstances and loan amount and may differ from the Representative APR. To apply, you must be 18+ and a UK resident with either a NatWest current account (held for 3+ months), credit card or mortgage (held for 6+ months). Credit card and mortgage customers must apply online or by phone.

Unsecured loans explained

Credit cards, student loans and personal loans are all typical examples of unsecured loans.  

An unsecured loan is a loan that is not secured against an asset. With a secured loan, the borrower pledges an asset (often a car or home) against the loan, so if they default on their repayments, the lender can repossess that asset. However, if you default on an unsecured loan or can’t keep up with repayments, you are not at risk of losing a possession. Because of this, unsecured loans tend to have higher interest rates than secured loans.

Unsecured loans also tend to be for smaller amounts. When you take out an unsecured loan with NatWest, you can typically borrow up to £50,000. This is usually spread out over a period between 2 and 10 years. 


Putting your plans into action

Whether you’re looking to upgrade your home, invest in a new car for the family or fund another large project you’re ready to take on, an unsecured loan can help you get there quicker. By giving you the extra bit of cash that you need to get started, you can bring your visions to life straight away and pay back the cost over time.


If you have lots of credit cards or other personal debts, you may wish to consider taking out an unsecured loan to make life that little bit easier. By consolidating your debts into a single, easier to manage loan, you’ll only have to focus on one payment every month rather than attempting to keep up with multiple payments. You may also be able to reduce the total interest you are paying on your loans.

Getting accepted

Your application for an unsecured loan with NatWest will be considered based on a financial health check. We make our decision based on a number of factors such as your personal credit rating and credit history, financial status and the amount you’d like to borrow. Your credit rating will also affect the interest rate we can offer you.  

Things to consider

How much do you need?
Before you apply for an unsecured loan, you need to consider how much you need. Because interest will be added onto the full amount, only take out what you need to borrow.  


How much can I afford to repay?
Taking out an unsecured loan is a legal agreement. When considering how much you’d like to borrow, don’t forget to think about how much you can afford to pay back and if you can keep up with the monthly repayments required.


How will you repay it?
Once you know how much you’ll need and have worked out if you can afford to repay it, it’s time to start thinking about how you’ll plan to repay the money. Work out a realistic budget that you can stick to, factoring in the extra money you’ll be accountable for each month. Our budget calculator tool can help you get started.

Apply instantly

Looking to borrow between £1,000 and £50,000? Apply online today.

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