What are the main changes?
You now need a Nationwide current account
Before 15 January, you needed to be a Nationwide member to apply for a personal loan. You now need to have any of our current accounts, pay your loan into this current account and repay your loan from this current account. You also need to have held this current account for at least 7 days.
If you took out a personal loan with us before 15 January and don’t have a current account, you can still manage and repay your loan as normal. But you can only apply to borrow more if you first open a Nationwide current account.
You can no longer retrieve quotes
If you got a few personalised quotes from us before 15 January but didn't complete your application, you won’t be able to view these quotes any more.
You cannot apply for a joint loan
Since 15 January, you can only apply in one person’s name. This means one person is responsible for the repayments. We'll reintroduce the ability to apply for joint loans soon.
If you took out a joint personal loan with us before 15 January and want to borrow more, you’ll now need to apply in one person’s name. If you combine your existing joint loan with a new sole one, it won't be a joint loan any more.
You need to have an email address with us
We now need to have your email address.
We're changing how you borrow more
Since 15 January, you can only apply to borrow more if you have a maximum of 1 existing Nationwide loan. This is because you can only hold 2 Nationwide loans at a time.
Why are we making these changes?
We’re upgrading our systems so we can ensure they’re the best they can be for our customers today and in the future.
Over the coming months, we’ll continue to make changes to our personal loans and update this page.
Return to our personal loans pages
Whether you’re looking to get a new personalised quote or learn more about how our loans work, we have the information you need.