Finance and lending – usual Questions – FAQ – RBS

Communicate it these days

Usual inquiries

Royal Lender of Scotland personal loans

Use between ?7,500 and ?19,950 at all of our price of

Representative 3.4% APR

Other amount offered by alternative charge. Our very own charge rely on your circumstances and amount borrowed and may change from the person APR. To utilize, you need to be 18+ and a UK homeowner with either a Royal lender of Scotland present membership (used for 3+ weeks), debit card or mortgage (presented for 6+ several months). Plastic and mortgage loan buyers must apply on line or by contact.

Star grow who is able to submit an application for a house Bank of Scotland consumer loan?

You’ll have to be: 18+ and a British citizen with either a noble lender of Scotland present account (used for 3+ days), credit card or loan (used for 6+ months).

You could put on acquire any levels from ?1,000 to ?50,000.

It’s also best that you know that our personal charges are exactly the same for new and present customers.

Star spread exactly what do I borrow cash for?

You can obtain for every purpose. When you plan to work with the borrowed funds for more than one reason, simply choose the reason designed to consume significantly more than 50% regarding the money. For example, if your borrowing ?11,000 split between your car for ?6,000 and home improvements for ?5,000, you should select ‘wheels’ as being the intent behind the loan. If not one factor makes up 50% or higher of the funding, you should find goal describing the primary reason the credit.

Star increase How soon am I going to see our funds?

Already a Digital Consumer Banking customer? The cash could be within accounts the subsequent working-day. To accomplish this, you’ll ought to incorporate online, go in your on line savings things and satisfy our personal debt requisite.

Though you’re not just licensed for electronic consumer banking – you’ll continue to implement using the internet. Dependent on agreement, we’ll send out your documents by article – these normally come within 3-5 days. Basically search, notice and go back the forms to us all. The financing might inside profile within a couple of days, supplied your application works.

Star increase What can I feature as “income” any time finishing the application form for my on the web mortgage?

You really need to accumulate any every month income. Contain: – Salary (after income tax) – retirement – handicap Experiencing allocation

You could consist of: – Court-agreed youngster servicing – long-lasting town, casing, or shift allowances from your own boss – Child Tax Credit – Effective income tax Credit (whether or not it’s not previously a part of total pay) – Under ‘Other month-to-month revenue’ you can baby perk, various other status features and just about every other online (after tax) regular profit you get.

In the event you maintain returns that’s not found on your house financial of Scotland newest levels, we possibly may obtain further confirmation.

Star spread how things go about as soon as We have applied online?

Following your on the web distribution:

- We’ll reproduce the loan settlement and submit they to you once you can easily (usually the subsequent working day).

- Once you get your deal, satisfy notice and meeting they just where given and deliver they back in united states inside package supplied. If we’ve requested verification of recognition, returns as well as other paperwork, you should definitely enclose the initial papers. We shall return these to you personally.

If we’ve got your very own closed agreement (such as every promote files most of us asked for), we will often process the application within two trading days. But we may want to get in touch with anyone to describe facts within application – if you are, we’ll contact or compose to you within two business days.

Even as’ve prepared all of your current forms, we’re going to move the loan finances into house Bank of Scotland accounts that you have chosen in your tool.

Take note: your application object an agreement in theory (without all of our final choice) until we’ve complete our debt test procedure. We may should call you for additional data to aid the application. If it is inclined to affect our final decision and/or moment of our own ultimate decision, we will consult you to alert you.

If you wish to speak with some body relating to your software

If you have presented an on-line tool for your own loan and wish to ask as to the status of the program, be sure to call us throughout the quantity below.

Kindly phone 0800 121 121. Minicom: 0800 404 6161.

Saturday to monday 8am to 8pm, Saturday 9am to 6pm (excluding public family vacations). see here Telephone calls perhaps documented.