Nationwide Personal Loans

Consolidate your debts with a Nationwide loan

Debt consolidation could mean taking out a new personal loan to repay all, or some, outstanding debts such as:

  • Credit cards
  • Store cards
  • Personal loans

Although your debts won't disappear, merging them into one personal loan could reduce your monthly outgoings.

As a member with a mortgage, savings or main current account you’ll be eligible for our lowest rate and get all the benefits of a Nationwide loan:

  • No hidden fees - we won’t charge you for setting up your loan or if you want to settle early
  • A quick decision - we usually give an instant online decision
  • Risk free quotes - a personalised quote that won’t affect your credit rating
  • Acceptance indicator - know if you’re likely to be accepted before you’re credit scored.
  • Money in your account in 2 hours - to your Nationwide current account

We can pay your loan into any account you choose. If you don’t have a Nationwide current account, it’s not a problem. 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 the day we release the funds to you.

Work out your monthly repayments

Enter your loan amount into our calculator and it will give you a break down of the monthly cost of your loan.

Ready to get your free no-obligation quote?

Available just for members

Our loans are only available to members. You’re a member when you have a current account, mortgage or savings account with us. Find out more about membership (This link will open in a new window)

Keep in mind

A personal loan may be offered over a longer period than your original credit, meaning you end up paying more.

It's important to consider all of your borrowing options carefully, and to seek independent advice if you're unsure what to do.

If you're in financial difficulties, we do not recommend that you increase your debts.

We offer loans from 1-7 years

If you're looking for a personal loan for more than 5 years we can offer you a no-obligation quote. We don't charge any fees for settings up a loan and your personalised loan quote won't affect your credit rating.

Get a no-obligation quote and apply

Your borrowing choices

It’s a good idea to consider different types of borrowing. The best option for you depends on the amount you want to borrow, and how long for. We’ll need to check before we can offer you a loan, overdraft, or credit card. It will depend on our view of your circumstances.

A credit card

We have two great credit cards, just for our members who hold a current account, mortgage or savings account with us.

Nationwide credit cards

An overdraft

You can apply for an overdraft (or an extension to your existing overdraft) with any of our popular current accounts.

Nationwide overdraft calculator

Other ways to borrow

If you're not sure what type of borrowing might suit you best, try our guide to the different types of borrowing.

Different types of borrowing

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About debt consolidation

Find out about debt consolidation loans, and how to sensibly manage your monthly payments.

Responsible lending

We have a responsibility to you, our customers, to be open and honest, to treat you fairly, and to be safe and secure.

All unsecured loans are subject to status and are available to UK residents aged 18 to 79 only. In order to be eligible to apply for a Nationwide Personal Loan, you will need to have a net monthly income of £700+. Nationwide Personal Loans cannot be used for business, investment or speculative purposes, as a bridging loan or a mortgage deposit or to purchase or retain an interest in land.

If you have any questions about an application you have already made online, please call 0800 30 20 11.