How much do you want to borrow?
£7,500 £25,000Over how many months?
12 months 120 monthsMonthly Repayment
Total Interest paid
Arrangement Fee
Total amount paid
6.9% - 21.2%
6.9%
£7,500 - £25,000
Minimum Term 1 year
Loans up to £14,950 - 5 years
Loans between £15,000 and £25,000 - 7 years
Home improvement loans over £2,500 - 10 years
Direct Debit
Next working day (customers with online banking)
2 working days after receiving documents back (customers without online banking)
No Fee
Transferred into your bank account
No
14th for APR of 423 loans in the UK (See Lender League Table By APR)
123rd for Customer Satisfaction (See Customer Reviews)
You can only apply for this loan if you are a Royal Bank of Scotland existing customer. Please be aware that in order to be eligible for the 6.9% APR rate you must have an RBS Royalties Gold or Black Account. You can use this loan for almost any purpose and the money can be in your account the next working day. If you are an existing Royal Bank of Scotland online banking customer and you apply between Monday and Thursday, 6:30am-5:50pm, the loans will be transferred the next working day after 9:00am.
You can apply online by filling out their online application form. They usually give you a decision straight away online. If you're a Royal Bank of Scotland online banking customer and you are accepted, they money will be transferred the same day. If they tell you you have been accepted in principle, they will look further at your application and inform you when they have decided. If you are accepted, they will send the loan agreement to you next day. Sign and date it and send it back to them. They may ask for confirmation of identity, income or other documents so be sure to pop those in the envelope too. Your application will then be processed within two working days.
Current Offers:
|
Default Fees |
Default fee - £30.00 |
|
Early Settlement Fees |
A fee of 58 days interest applies |
|
Late Payment Fees |
Missed payment - £6.00 |
Average Customer Review:
(2 customer reviews)
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Middle of the Road
Julianrye, Gloucester
1 year ago
Looking for a small personal loan, I thought I would give my Bank a try.
The application process was simple but required more documentation than some. Despite being known to the branch for some years I needed to show ID and prove the purpose for the loan. This was new to me as I was trusted in the past.
Where they really let themselves down was...
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HeadlineI thought only cowboys wore hats?
Pbills, Cheltenham
1 year ago
What a pain these people are. I've had my account for nearly 6 years with these idiots, and have regretted every single day with them. They are now stealing funds from my account and get abusive over the phone when I complain. I ill-advisedly agreed to a loan with them a little over 12 months ago. A couple of months later I was made redundant. The Insurance...
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The Royal Bank of Scotland plc, 36 St Andrew Square, Edinburgh, EH2 2YB
0800 121 121
