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Loans

Find a loan to bring your plans to life

Representative 6.6% APR

This rate is available on loans between £7,500 and £14,950. Other loan amounts are available at alternative rates. Our rates depend on your circumstances, loan amount and term and may differ from the Representative APR.

Quick, simple, highly rated loans with Royal Bank of Scotland

Get a quote with no impact on your credit score

If you have a Royal Bank of Scotland current account and you're looking for a sole loan, in most cases we’ll confirm the loan amount and rate at the start of your application with no impact on your credit score.

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Apply in minutes

It can take as little as 10 minutes to apply for a Royal Bank of Scotland loan online. We'll ask you to log in to Digital Banking so have your details handy.  We will also pre-fill some of your details to make the journey easier.

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Get your money on the same day

You could get your loan funds on the same day if you apply online before 5.45pm Monday to Friday (excluding bank holidays).  Sometimes we may need to contact you for a little more information, so it can take a little longer.

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Highly rated by independent bodies

We've been independently rated 5 stars for our 'Unsecured Personal Loan' by Moneyfacts and Defaqto, 5 years in a row.

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How long could you borrow for?

You could pay back your loan over one to 10 years – it depends how much you’re borrowing and what you’re borrowing for.

Loan calculator

Home improvement loans are available over an extended term, up to 10 years.

How much would you like to borrow?

Representative 6.6%  APR

The Representative APR changes based on the amount you borrow. You can borrow more than £7,500 over a period of up to 8 years. 

Representative 6.6%  APR

The Representative APR changes based on the amount you borrow. 

You want to repay it over

60 Months

Representative Example:

Borrowing

£10,000

Over

60 Months

Monthly Repayment

£195.24

Total Repayment

£11,714.40

Representative

6.6

% APR
Interest p/a (fixed)

6.60

%

The rate you pay depends on your circumstances, loan amount and term 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.

Get your free personalised quote

Find out if we’re likely to say ‘yes’ before you apply – and how much your personal loan might be.

Don’t worry, a quote takes minutes and won’t affect your credit score.

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Could a different loan amount cut your interest rate?

A small change in the size of your loan could make a big difference to the total interest you pay.

That’s because the interest rate depends not just on your circumstances, but on how much you borrow.

So, what’s the best loan rate you could get from us? Have a play with our loan calculator.

Or get a loan quote.

(Remember, only borrow what you need.)

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You can borrow for more than one purpose on the same loan. For example should you be looking to consolidate debt and do some home improvements you can do this under the one loan application. Your loan purpose should be selected as the purpose that will make up at least 50% of the borrowing purpose. Should you be borrowing for multiple purposes and no element makes up more than 50% of the borrowing then the loan purpose should be your largest expenditure of the funds.

What could you do with a Royal Bank of Scotland loan?

Take out a joint loan

Joint personal loans

Work together to get where you need to be with a joint loan

  • Borrow money with someone close, such as a relative, partner or friend
  • You could use the money for a shared project or special event
  • Work at repaying the loan together 
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Already have a loan with us?

Top up an existing loan

If you already have a loan with us but need to borrow more, we may be able to help.

Manage your existing loan

Manage your loan online and find out more about making extra payment, paying off your loan, and more.

It's easy to manage your loan

We make it easy to manage your loan, so you're in control:

Pay us back early
Make an overpayment
Check your credit score via the mobile app
Change your payment date

Can I pay off my loan early?

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 Royal Bank of Scotland 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:

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application. 

Ready to apply?

Just so you know, you can only apply if you have two loans or less with us right now. (More than two loans? You'll need to pay one off before you apply.)

To speed up your application for a loan, we need to do a few final checks with you. They'll only take a minute.