Take on life together with a joint personal loan

To apply for a joint loan online, you'll need:

• Both of your addresses for the last 3 years.
• Both your incomes and outgoings (how much you spend).
• A different mobile number and email address for each of you.
• Both your Online Banking login details.

You could get your joint loan funds on the same day if you apply online, are unconditionally accepted and both parties sign their loan documents before 5.45pm Mon – Fri.

If we need to contact you for some additional information, it can take a little longer. 

Yes and it's very simple. All you need to do is:

1. Log in to your NatWest mobile app. 
2. Tap 'Apply' in the bottom right hand corner.
3. And go to 'Loans'.

Follow the information on the page and we will guide you to complete your loan application.

Our mobile app is available to customers with compatible iOS and Android devices and a UK or international mobile number in specific countries. You must be a UK resident to apply for a loan.

There are some things a personal loan can't be used for. These include: 

• Buying or putting down a deposit on a property or land
• Static Caravan
• Household bills, rent or mortgage payments
• Car tax
• Business purposes
• Payments in arrears
• Tax avoidance arrangements 
• Court or solicitors' fees
• Gambling
• Buying shares or other investment funds

It’s important to remember that if you repay your loan early, you will be charged an early repayment fee. The amount you will be charged will be equal to 58 days’ interest on the amount you repay early (28 days’ interest if the period of the loan is one year or less). If there is less than 58 days (or 28 days if applicable) remaining on the loan, the calculation will be based on the actual number of days remaining. This is in addition to your outstanding loan amount and any outstanding interest.

Depending on what you need money for, a credit card or overdraft might be a better option than a personal loan. Our Borrowing Options guide will help you figure out what type of lending will suit you best.

Yes, you can borrow for more than one purpose on the same loan.  For example, if you want to consolidate debt and make some home improvements, you can apply for one loan to help with the cost of both. If you are borrowing for more than one purpose, please select the purpose on which you'll spend the greatest amount of the loan funds as the loan purpose.

A personal bank loan is a sum of money you borrow to help you reach a certain financial goal. You'll need to pay it back over an agreed period, with interest. Depending on what you need the loan for, you could choose to pay it over a shorter or longer period.

The right personal loan for you will depend on your circumstances, but some of the things to consider are:

• how many years you want to repay the loan over;
• the interest rate on the loan;
• fees and penalties; 
• reputation of the lender.

No. If either party wants to replace the joint loan with an individual loan, the joint loan will need to be repaid in full and a separate application made for an individual loan(s). Please note, there is no guarantee that either party's application for an individual loan will be successful, or that they will be offered an individual loan for the same amount, and/or at the same interest rate, as the joint loan.