When you apply

As a Nationwide member, you'll get:

  • A no-obligation quote
    A personalised quote that won't affect your credit rating.

  • An acceptance indicator
    Know if you're likely to get a loan before we do a credit check.

  • No hidden fees
    We won't charge you for setting up, overpaying or settling your loan early.

To apply for a loan

You can apply if:

  • you have a monthly income of £700 after tax. If you're self-employed, you'll need to be able to prove a minimum of 1 year's income through an accountant's certificate, SA302 form or HMRC online tax calculation.
  • you 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.
  • you're between 18 and 79 years old.
  • you haven't missed 3 or more credit commitments in the last 12 months.
  • you're not currently being declared bankrupt, or have any CCJs or IVAs (Individual Voluntary Arrangements).
  • you're a member of Nationwide. You're a member if you have a current account, mortgage or savings account with us.

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

Receiving your money

If you choose to have your loan paid into your Nationwide current account, you could have the money in 2 hours.

We can pay your loan into another Nationwide account within 1 working day. Or into an account with another bank or building society in 3 to 5 working days.


We'll charge interest on your loan from day 1.

Representative example

2.9% APR Representative (fixed). Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 2.9% p.a. (fixed). Monthly repayment £179.07. Total amount payable £10,744.20.

APR and Representative APR
APR stands for Annual Percentage Rate. It can be used to compare the total cost of your borrowing with other providers. Representative APR is the rate that we give to at least 51% of successful applicants. You could receive a different rate from the one shown and we’ll confirm your rate during your application.


A small change in the length of your loan term or how much you borrow could make a big difference in how much your loan will cost you.

Before you start

Make sure that:

  • you understand the loan rates and details summary information.
  • you have your address history for the last 3 years, and
  • you can provide details of your monthly income and outgoings, such as mortgage, rent, credit card, and loan payments.

Ways to get a quote and apply


Related links

Other ways to borrow

A loan might not always be the right way to borrow the money you need. There might be a more suitable option for your financial situation. Learn about:

Nationwide adheres to The Standards of Lending Practice which are monitored and enforced by the LSB: www.lendingstandardsboard.org.uk (opens in a new window)