Make life simpler by organising your finances
Representative 3.4% APR
How a personal loan can help with debt
A debt consolidation loan could be used to pay off your existing credit cards, store cards and other personal loans.
You could consolidate all your debt into the one loan and only have one payment to make each month.
Taking on any new debt is a big decision; extending the term of your debt can incur more interest and cost more in the long run and sometimes an early repayment charge may apply.
To apply, you must be 18+ and a UK resident with either a Royal Bank of Scotland current account (held for 3+ months), credit card or mortgage (held for 6+ months). Credit card and mortgage customers must apply online or by phone.
Tips to keep your debt in check
Make a list
Use our guide
Change your payment plan
1 year and & 0 months
Check if you'll be approved
Start your application
Get a decision
Find out if you're likely to be approved
Don't worry, there's no impact on your credit rating.
If you meet our eligibility criteria, we'll show you how much you may be able to borrow, your personalised interest rate and monthly payments.
If you're approaching retirement, please call us or visit a branch rather than using this tool.
What type of borrowing is right for me?
Depending on what you need money for, a credit card or overdraft might be a better option than a loan. Our Borrowing Options tool will help you figure out what type of lending will suit you best.
Let's get ready to apply
Before you apply, we need to check you're happy with a few things.
First, you can apply online if you:
- are 18+ and a UK resident with either a Royal Bank of Scotland current account (held for 3+ months), credit card or mortgage (held for 6+ months)
- have not been declared bankrupt in the last 6 years
- have not applied for a personal loan with us within the last 28 days