NatWest
Personal loans with representative 6.6% APR for £7,500–£14,950. Quick decisions, often same-day payouts, with flexible terms up to 10 years. Very well-rated by customers.
NatWest offers a personal loan product with a competitive representative APR at 6.6% for loans between £7,500 and £14,950. Larger and smaller loans are also available with varying rates. Customers can borrow from £1,000 to £50,000 and may repay over a period from 1 to 10 years, tailored to your needs. Quick decisions are a highlight, with funds often available the same day upon approval if you apply before 5:45 pm on working days.
How to Apply: Step by Step
- Start by getting a free, personalised quote on the lender’s website. This check does not affect your credit score.
- Complete the application online or through the bank’s mobile app. You’ll need personal details, address history, income and employment details.
- If approved, digitally sign your documents. Submitting everything before the evening cutoff can result in same-day payout.
- If further information is needed, NatWest may get in touch, extending the process a little.
Key Pros of NatWest Personal Loan
One of the biggest advantages is the low starting APR for qualifying amounts and the possibility of receiving funds the same day as approval. This ensures fast access to the cash you need.
The flexibility to choose repayment terms from one to ten years is ideal for tailored budgeting. Managing your loan and payments via the app is convenient and user-friendly as well.
Potential Cons to Consider
Eligibility for the lowest APR depends on individual circumstances, and not all applicants may qualify for the headline rate. Loan terms and amounts available may also vary based on whether you are an existing account holder.
There’s an early repayment charge if you wish to clear the loan before term ends, which can add a little to the total cost if you repay early.
Our Verdict
NatWest personal loans score high for rapid decisions, flexible repayment, and strong customer satisfaction. For those who meet eligibility criteria, the loan is a solid, trustworthy choice—especially for those needing quick disbursement and predictable rates.