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Get a quote and apply for a loan

Get a quote and apply for a personal loan today, online or over the phone.

We offer loans between £1,000 and £50,000 over 1 to 7 years. Or up to 10 years if you borrow £10,000 or more. Conditions apply. Nationwide loans are just for our members.

What do you get when you apply for a loan?

  1. A no-obligation quote

    We’ll give you a personalised quote that won't affect your credit rating.

  2. An acceptance indicator

    Before we do a hard credit check, we’ll let you know if you're likely to be accepted.

  1. Fixed payments

    No hidden fees. Know exactly what you’ll pay each month.

  2. Get the money fast

    Have the money in your account in 2 hours. Whether you bank with us or anyone else.

To apply for a loan

You need to:

  • be between 18 and 79 years old
  • have held a Nationwide current account, savings account or mortgage for at least 14 days
  • have a monthly income of at least £700 after tax. Not including bonus, overtime or commission payments
  • have the right to live and work in the UK for the term of the loan. We don't accept applications from the Channel Islands and the Isle of Man
  • if you're employed, not be on a temporary, agency or zero-hours contract
  • if you're self-employed, be able to prove a minimum of 1 year's income through an accountant's certificate, SA302 form or HMRC online tax calculation.
  • not have missed 3 or more credit commitments in the last 12 months
  • not have any unsatisfied county court judgments. Unsatisfied means the Court's records show the debt hasn't been paid
  • neither be bankrupt nor have an Individual Voluntary Arrangement

If you're applying for a joint loan, other criteria also apply.

What’s the interest rate?

The interest rate you get depends on how much you borrow and for how long. We offer loans between £1,000 and £50,000 over 1 to 7 years. Or up to 10 years if you borrow £10,000 or more.

You might get a lower rate by borrowing a bit more or less than you need, or by changing how long you borrow for. A small change could make a big difference to the overall cost. Find out more about how to choose the right loan.

Representative example

5.8% APR Representative (fixed). Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 5.8% p.a (fixed). Monthly repayment £191.71. Total amount repayable £11,502.60.

This representative APR applies to loans of £7,500 to £25,000 over 1 to 5 years for our members. You could be offered a different rate based on your personal circumstances. The maximum you could receive is 29.9%.

Start your loan application

First, we just need to check if you’re a qualifying member. Have you held a Nationwide current account, savings account or mortgage for at least 14 days?

What can you use a loan for?

Our loans are for personal use only.

You can use a loan for:

  • large purchases, like a car or electrical goods

  • home furnishings or improvements

  • events like a holiday or getting married

  • consolidating your debts

  • other personal uses

You cannot use a loan for:

  • a business or business vehicle

  • buying property, including mortgage deposits

  • buying or keeping an interest in land

  • using as a bridging loan

  • investing or speculative purposes, such as gambling and cryptocurrency.

Related links

Other ways to borrow

A personal loan might not be the best way to borrow the money you need. There could be a more suitable option for your situation.

Current account overdrafts
Explore our credit cards
Borrow more on your mortgage