Financial products and lending - typical Questions - FAQ - RBS

Share they today

Usual query

Royal Financial of Scotland financial loans

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

Representative 3.4% APR

More amount offered at alternative charge. Our costs be based upon your circumstances and loan amount and may change from the agent APR. To put on, you must be 18+ and a UK citizen with either a Royal financial institution of Scotland current profile (kept for 3+ days), mastercard or loan (used for 6+ many months). Cc and finance consumers must utilize online or by mobile.

Icon expand who are able to make an application for the Royal lender of Scotland personal bank loan?

You’ll ought to be: 18+ and a British resident with either a regal financial institution of Scotland latest accounts (presented for 3+ seasons), mastercard or mortgage (conducted for 6+ season).

You may apply to obtain any amount from ?1,000 to ?50,000.

It’s also good to know that our personal prices are identical for new and found clients.

Famous stretch What can I borrow cash for?

You'll be able to acquire for every goal. If you're planning to use the loan for over one reason, just select the function which will account for about 50per cent associated with loan. For example, if your lending ?11,000 divide between an auto for ?6,000 and home improvements for ?5,000, you will need to pick 'cars' because reason for the loan. If not one goal makes up about 50percent or even more associated with financing, please select the purpose describing the key reason for all the borrowing from the bank.

Symbol spread How quickly should I obtain my favorite cash?

Previously an online Consumer Banking customer? This money may be inside your accounts yet another day. To accomplish this, you’ll should use on line, enter into your internet savings things and see our loans obligations.

Regardless if you’re definitely not registered for handheld finance – you'll nonetheless incorporate online. Susceptible to arrangement, we’ll dispatch your articles by post – these normally occur within 3-5 times. Only test, evidence and return the papers to people. The financing maybe inside your accounts within a couple of days, furnished the application is prosperous.

payday loans in Ohio

Symbol expand exactly what do I add in as "income" as soon as finishing the form for my using the internet money?

You will want to add together your every month profits. You can: - Salary (after taxation) - pension plan - Disability residing allocation

You'll be able to incorporate: - Court-agreed baby cleaning - Long-term place, cover, or shifting allowances from your very own employer - son or daughter taxation assets - functioning Tax financing (if it is maybe not previously incorporated into total pay) - Under 'Other monthly income' contain son or daughter perk, every other county value and almost any other net (after income tax) standard revenues you'll get.

In the event you maintain profits that isn't proven on the Royal Bank of Scotland present accounts, we can request further proof.

Symbol expand What takes place as soon as You will find utilized on the web?

Following online agreement:

- we're going to produce the loan agreement and send out it to you immediately after we're able to (usually the subsequent day time).

- When you finally acquire your very own settlement, kindly mark and go steady it just where given and send it returning to people during the package supplied. If we've requested proof of name, profit or any other documents, satisfy definitely enclose the very first documents. We are going to get back these for your needs.

If we've been given their finalized deal (contains those support paperwork you required), we'll frequently undertaking your application within two business days. But we could really need to communicate with that you clarify resources in your tool - if it does, we'll contact or publish for your needs within two business days.

If we've processed all of your current forms, we're going to convert your loan investments in to the noble lender of Scotland membership you've specified in your application.

Take note: the application is still a contract in theory (instead all of our final choice) until we have now completed our personal loans examination procedure. We could possibly should also get hold of a person for additional know-how to guide your application. If it's inclined to determine our personal final decision as well as the timing individuals final decision, we will contact one to let you know.

If you want to talk with an individual concerning your program

If you have supplied an internet program for a private loan and wants to enquire about what status of program, please call us on the amount below.

Please label 0800 121 121. Minicom: 0800 404 6161.

Saturday to week 8am to 8pm, Saturday 9am to 6pm (excluding public family vacations). Phone calls may be tape-recorded.