Royal Bank of Scotland Loan

Compare Royal Bank of Scotland loans

Whatever you are considering a loan for; a new car, debt consolidation or to carry out some home improvements, Royal Bank of Scotland loans could be just what you are looking for. With a wide range of products to suit your specific needs. However, it is important to compare the market thoroughly before settling for one deal, you can compare rates and deals with using the free comparison tables below

ProviderLoan AmountCredit HistoryRates FromTerm 
£2,500 to £15,000Good Credit Only3.2%



2 years to 5 yearsGet Quotes >
  • 10 minute online quote, instant decision
  • Money can be with you within 48 hours
  • No arrangement, over payment or early repayment fees
  • Must be aged 21 or over
  • UK Resident with a UK bank account

Representative Example:  The Representative APR is 3.2%, so if you borrow £7,500 over 3 years at a rate of 3.03% p.a. (fixed) plus an arrangement fee of £30, you will repay £218.94 for 36 months and £7,881.84 in total.

£1,000 to £25,000Good Credit Only7.9%


1 year to 7 yearsGet Quotes >
  • 7.9% APR Fixed for personal loans between £1,000 and £25,000 
  • Sole or joint names
  • Choose loan length (1 to 5 year for loans £1,000 to £15,000, 1 to 7 year for loans £15,100 to £25,000)
  • Get a personalised quote online without affecting your credit score
  • Option to repay early, unlimited over payments and payment holidays
  • No fees to pay
  • Must be aged between 50 and 75 
  • Must own your home in England, Scotland or Wales
  • Must have a single or combined income of at least £12,000, which includes pensions and income from savings and investments.
  • Provided by Shawbrook Bank Limited
  • Acromas Financial Services Limited is a credit broker, not a credit lender

Representative Example: The Representative APR is 7.9%. Based on an assumed loan amount of £10,000 over 36 months at a interest rate of 7.9% pa (fixed), you will repay £311.65 per month. Total amount you repay £11,219.40.

£1,000 to £25,000All Credit Histories Considered14.9%


1 to 5 YearsGet Quotes >

Representative example: The Representative APR is 14.9% (variable).The Representative APR is If you borrow £90,000 over 4 years at a representative 14.9% APR and an annual interest rate of 14.9% (fixed) you would pay £245.80 per month. Total charge for credit will be £2,798.51. Total amount repayable is £11,789.51.

£1,000 to £20,000All Credit Histories Considered42.5%


1 to 4 YearsGet Quotes >
  • Rebuild Your Credit
  • Interest rates start from 9.3% APR
  • Fast,online application - optimised for all desktop / mobile / tablet devices
  • Instant Online Decision using 'soft' credit searches (Won't affect your credit score)
  • Funds as soon as same day
  • No hidden fees or early repayment charges
  • Must be aged 18
  • Must be UK resident
  • Administration fee applies, not payable upfront but instead included in monthly repayments
  • Applicants must have a net monthly income of at least £1,000, be in full time or part time employment, and have no CCJ's

Representative Example: The Representative APR is 42.5% (fixed). If you borrow £3,000 over 3 years at a rate of 31.9% p.a (fixed) plus an arrangement fee of £157.90, you will repay £137.31 per month & £4,943.24 in total.

£1,000 to £5,000Fair & Poor Credit59.9%


1 to 3 YearsGet Quotes >
  • Know if you'll be accepted before you apply
  • Applying won't affect your credit score
  • No fees charged
  • Borrow more later, if you're eligible
  • Must be aged 18
  • Must be UK resident

Representative Example: The Representative APR is 59.9% (fixed). If you borrow £2,000 over 2 years at a rate of 59.9 p.a (fixed), you will repay £131.05 per month & £3,145.20 in total.

£1,000 to £20,000All Credit Histories Considered99.90%


1 to 2 YearsGet Quotes >
  • Interest Rates from 35.9% - 99.9%, depending on the information you provide in your application
  • Fixed monthly repayments
  • Instant Online Decision
  • Must be aged 18
  • Must be UK resident

Representative Example: The Representative APR is 99.9% (fixed) - Based on an assumed loan amount of £1,500 over 24 months at an interest rate of 71.3% p.a. (fixed) you would pay £118.88 a month and £2,853.12 in total.

RBS personal loan features:


  • Borrow between £1,000 - £25,000 for almost any purpose
  • Enjoy a special online rate on loans of £7,500 or more
  • Spread your payments over 1 to 5 years, or up to 7 for loans over £15,000
  • Home improvement loans over £2,500 can be repaid over 10 years
  • If you apply online before 5:55 the funds can be in your account by the next day


RBS loan calculator 


To get an estimate of how much your loan repayments would be you could use the Royal Bank of Scotland loan calculator, you just need to enter; the reason for your borrowing, how much you want to borrow and how long you would like the repayment term to be. The Royal Bank of Scotland loan calculator will then be able to estimate how much your repayments would be based on their Representative Annual Percentage Rate for a loan of that size.


However if you do apply for the loan the actual annual percentage rate you are offered may deviate from this, this is because most lenders will work out what APR they are willing to offer you based on an assessment of your credit score and other financial circumstances. This check will also affect the specific amount you can borrow, £25,000 is just the maximum you can borrow with this plan you are not necessarily guaranteed to be able to borrow up to that much.


Before you take out a personal loan


Loans can be long term commitments, therefore before you apply for a loan of any sort, you should shop around and compare different offers, there are a diverse range of loans on the market, you should think about when looking what features are important to your specific needs. You can use the comparison tables above to look at loans from a variety of different lenders at the same time


You may also want to think about alternatives to borrowing such as using savings instead.


There are also other types of borrowing such as authorised overdrafts and credit cards you might wish to consider.