RBS

Have a less than perfect credit rating? Don’t let it stop you from getting the cash you need to reach your goals!

The Royal Bank of Scotland is a major retail and commercial bank in Scotland that has been assisting people with bad credit scores since 1727. They know that life happens and they believe in second chances, as long as you can repay the loan, they might be able to assist you. They have over 71 200 staff members that are qualified and experienced in the finance field, ready to help you with a loan that will suit your budget and needs.

Apply for a loan online or visit one of around 700 branches all over Scotland, there are also branches in many larger towns and cities throughout England and Wales. Enjoy a little flexibility when you apply for a loan, they might allow you to defer your first repayment. You can also defer your first loan repayment for three months.

Loans for people with bad credit in the UK

It will only take a few minutes for you to apply online. To make it even easier they will pre-fill a part of your application for you. They will also ask you to log in to your digital banking and if all goes well you will be done within less than 10 minutes.

If you apply online and sign the loan agreement before 5.45 pm Mon-Fri they will transfer your funds on the same day. If you are an RBS current account client and are applying in your name you can get a quick personalized idea of the rate, they can offer you and the amount you can borrow without harming your credit score.

Get a loan between £1,000 and £50,000 even if you have a bad credit rating.

They offer personal loans online between £7,500 and £19,950 with a rate starting at 3.4% APR. alternative rates will apply to other loan amounts. There are lots of different ways to borrow money and they will help you to choose the most suitable option for you. They have different loan terms depending on the amount you borrow, it will either be over 2 to 5 years, 2 to 8 years, or 2 to 10 years.

Manage your money the easy way 

With their banking app, you can do your everyday banking from the comfort of your home. Making payments, going paperless, viewing and downloading statements, and more.

Making finances easy

They have a wide range of tools to help you access the loan you need and to give you a better idea of what you are looking at. Tools that might help you out:

• Mortgage borrowing calculator
• Mortgage overpayment tool
• Credit card eligibility checker
• Credit card repayment calculator
• Set up a savings goal
• Overdraft eligibility checker
• Overdraft calculator
• Loan calculator
• Financial health check
• Budget calculator
• Spending and budget tracker