Finance and lending – Common inquiries – FAQ – RBS

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Usual issues

Royal Financial Institution of Scotland personal loans

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

Representative 3.4percent APR

Some other quantities offered by renewable rates. All of our numbers trust your position and loan amount and will differ from the typical APR. To utilize, you should be 18+ and a UK homeowner with either a Royal financial institution of Scotland existing account (kept for 3+ seasons), credit-based card or loan (kept for 6+ many months). Card and finance subscribers must pertain using the internet or by cell.

Icon increase who are able to submit an application for a regal financial institution of Scotland personal bank loan?

You’ll should be: 18+ and an UNITED KINGDOM online installment KS local with either a regal financial of Scotland latest membership (held for 3+ weeks), mastercard or finance (arranged for 6+ weeks).

It is possible to apply to obtain any level from ?1,000 to ?50,000.

it is also good to realize that our very own costs are similar choosing and existing consumers.

Symbol boost What things can We borrow cash for?

You can borrow for virtually any goal. If you are planning to use the mortgage for over one goal, merely select the purpose that will use well over 50percent of the finance. For instance, if you are lending ?11,000 split between a vehicle for ?6,000 and renovations for ?5,000, it is best to choose ‘automobile’ since intent behind your loan. If no single intent is the reason 50per cent or longer for the funding, kindly choose the reason that describes the key reason towards borrowing from the bank.

Famous boost How soon am I going to get my own funds?

Already a Digital Consumer Banking customer? Money just might be in account another morning. To work on this, you’ll should pertain online, go inside your web financial data and encounter our very own financing needs.

Even if you’re definitely not authorized for online financial – you could potentially nevertheless employ on line. Dependent upon settlement, we’ll dispatch your documents by document – these typically show up within 3-5 days. Just scan, signal and return the documentation to united states. The funds might be in levels within 2 days, supplied the job is prosperous.

Star boost What can I include as “income” whenever completing the application form for simple on the internet mortgage?

You will need to add together all every month revenue. You could add: – Salary (after tax) – pension plan – handicap absolute Allowance

You could include: – Court-agreed child repair – lasting community, homes, or shift allowances from the workplace – youngsters taxation assets – Working Tax loans (if it is certainly not previously incorporated total salary) – Under ‘Other month-to-month income’ you can add son or daughter advantages, various other county features and almost any other net (after income tax) typical money you receive.

If you maintain revenue that is not shown your regal financial of Scotland current account, we might look for added confirmation.

Icon grow occurs when you once I have used on the web?

Following on line submitting:

– we’re going to copy the loan agreement and forward they for your needs the minute we will (usually the next day time).

– when you receive your own settlement, satisfy sign and big date it in which stipulated and send it back again to all of us for the envelope offered. Whenever we’ve asked for proof of identity, earnings or some other reports, you should make certain to enclose original documentation. We’ll go back these for your requirements.

As soon as we’ve been given your own finalized agreement (like all promote records we all sent an email to request), we will usually undertaking your application within two working days. But we can really need to get in touch with anyone to describe particulars inside program – if you do, we are going to phone or compose to you within two working days.

As soon as we’ve prepared all your valuable paperwork, we will send the loan resources into Royal financial institution of Scotland levels that you have given in your product.

You should be aware: the application continues to be a contract in theory (versus our concluding decision) until we have complete all of our loans evaluation processes. We might must also speak to one even more help and advice to support the job. If it’s very likely to affect our very own final choice or perhaps the timing of the final choice, we will get hold of you to definitely alert you.

If you’d like to chat to individuals regarding the tool

When you have posted internet program for a personal funding and want to inquire as to what position of your own application, remember to give us a call from the wide variety below.

Make sure you call 0800 121 121. Minicom: 0800 404 6161.

Mon to monday 8am to 8pm, Saturday 9am to 6pm (leaving out public vacation). Messages are recorded.