Personal
Loans
Manage my loan

Existing customers

Manage my loan

Manage your loan and find out more about making extra payments, closing and paying off your loan, topping up an existing loan, changing your loan payment date, getting the app, and much more.

On this page

Manage my existing loan Open in new window

Borrow more Open in new window

Download the app Open in new window

App available to customers with compatible iOS and Android devices and a UK or international mobile number in specific countries. Digital Banking available to customers with a Royal Bank of Scotland account.

Manage my existing loan

Making an additional payment

Can I make an additional payment to my loan?

Yes you can. The quickest way to make an additional repayment is via the mobile App.

1. Download and log in to our mobile app.

2. Click on loan account.

3. Click 'See payment options'.

4. Click 'Additional repayment'.

5. Enter the amount you want to pay and tell us if you want it to reduce the term of your loan or the monthly amount- we’ll even show you how much interest each option will save you.

You can make overpayments or additional payments to your loan at any time. An overpayment can reduce the total amount of interest you’ll pay.

It’s important to remember that if you repay your loan early, you will be charged an Early Repayment Fee.

The amount you will be charged will be equal to 58 days’ interest on the amount you repay early (28 days’ interest if the period of the loan is one year or less). If there is less than 58 days (or 28 days if applicable) remaining on the loan, the calculation will be based on the actual number of days remaining. This is in addition to your outstanding loan amount and any outstanding interest.

Getting a settlement figure and closing your loan

How do I get a settlement figure for my loan and close it?

The quickest way to get a settlement figure and pay off your loan account is via the mobile app.

1. Download and log in to our mobile app.

2. Click on loan account.

3. Click 'See payment options'.

4.Click 'Repay in full'.

5. Your Settlement quote including any early repayment fees will be shown in the journey (you will be able to download a PDF).

6. If you then decide to pay off your loan, you can by following the on-screen instructions.

It’s important to remember that if you repay your loan early, you will be charged an Early Repayment Fee.

The amount you will be charged will be equal to 58 days’ interest on the amount you repay early (28 days’ interest if the period of the loan is one year or less).If there is less than 58 days (or 28 days if applicable) remaining on the loan, the calculation will be based on the actual number of days remaining. This is in addition to your outstanding loan amount and any outstanding interest.

Changing loan payment date

How do I change my loan payment date?

You might want to change your loan payment date if you've recently started a new job and your salary date has been changed.

The quickest way to make a change to your loan payment date is via the mobile app.

1. Download and log in to our mobile app.

2. Click on loan account.

3. Click ‘See payment options’.

4. Click ‘Manage payment date’.

5. Click ‘Change date’.

6. Follow the on screen instructions.

Depending on the date you choose for your new payment date, it might mean that you could make 2 payments in a short period of time- please consider this when making a change.

Your monthly payment amount may rise or fall after you change the date we collect the money from you.

Making changes will alter your loan term slightly, which will impact the total amount of interest you pay.

We’ll show you what your new monthly payment will be in App before you go ahead with the change.

Receiving loan funds

How soon will I receive my money from my loan?

If you log in and apply online or use the app and the loan application is unconditionally accepted and you sign your loan documents before 5.45pm Mon – Fri (excluding bank holidays) funds could be sent to your current account the same evening.

Sometimes it can take longer and we may need to contact you for more information. Where this is the case, we may ask you to upload supporting documents we require (we'll let you know if we need this) via our secure online portal – DigiDocs.

Thinking of borrowing more?

If you already have a loan with us but need to borrow more, we may be able to help. You can replace your existing loan with a new loan for a larger amount or open a new loan and run two side-by-side.

Borrow more Open in new window

Struggling with the rising cost of living?

If you are struggling to make a payment, the sooner you reach out to us, the better and easier it will be for us to help. For help and tips, you can visit the cost of living hub.

Help with cost of living Open in new window

Frequently asked questions

When is my first loan payment due?

The quickest and easiest way to check when your first payment will be taken is via the mobile App.

1. Log into your app.

2. Tap on your loan account.

3. Tap 'View loan details' to see your loan repayment date, and repayment amount etc.

We'll also send you an SMS to remind you when your first payment is due.

You can also find in your loan approval letter;

• If you applied for your loan online, the loan approval letter can be found in your online banking mailbox.

•If you applied for your loan over the phone, you’ll have received the loan approval letter by post.

What's my loan interest rate?

What’s my loan interest rate?

The quickest and easiest way to see your loan interest rate is via the mobile App.

1. Log into your app.

2. Tap on your loan account.

3. Tap 'View loan details' to see your original interest rate.

Alternatively you can find this in your loan agreement and your confirmation letter as well as your annual statements.

If you applied for your loan digitally, the loan confirmation letter can be found in your digital mailbox.

How do I request a copy of my existing loan agreement document?

If you applied for your loan digitally you can find your loan agreement in your mailbox within the App.

1. Log in to the app.

2. Tap notifications (Bell icon).

3. Select 'Mailbox' to obtain your agreement.

Or you can write to us at:

RBS
Loan Information Department
1 Spinningfields Square
Manchester
M3 3AP

You’ll need to include the following:

Full name and address including post code
Any sort code and account numbers
Previous addresses including post codes and dates you lived there
Dates of the loan, if known
Details of any changes and dates, if applicable

How much interest am I paying on my loan?

The quickest and easiest way to see how much interest you are paying is via the mobile App.

1. Log into your app.

2. Tap on your loan account.

3. Tap ‘My transactions' to see your how much interest you pay each month.

4. Interest is identifiable by the % icon.

How can I request a loan statement?

You can request your loan statement online. Simply follow the link below and you will then be asked to fill in your details and we will send your annual statement to your account address. You should receive this in 7 – 10 working days.

Request your loan statement

Download the app

You can use the app to view your loan APR, current balance, your loan account number and sort code, original amount borrowed and the start date of your loan.

Get the mobile app Open in new window

Additional support

How do I apply for a loan?

Please visit our loans page for more information on applying for a loan.

What happens once I have applied for a personal loan?

If you've signed your loan agreement online during your loan application:

We will usually process your application within 2 working days and will send you a text or email to confirm when the funds will be in your account. We may ask you to upload supporting documents we require (we'll let you know if we need this) via our secure online portal.
A confirmation letter, plus copies of the application documents, including a copy of your loan agreement, will be sent to your online mailbox along with a text or e-mail to notify you when the documents have been sent to your mailbox.
If your loan was unconditionally accepted, you signed your loan agreement online using the app or online banking and you applied before 5.45pm Monday to Friday (excluding bank holidays) you could have your money on the same day.

If you've not signed your loan agreement online during your loan application:

We will usually send you either an email or text with next steps within 2 working days.
We may invite you to upload any supporting documents we require (we'll let you know if we need this) and sign your application via our secure online portal.
Once you've submitted your signed agreement (including all the supporting documents we requested), we will usually process your application within 3 working days.

What happens if I miss a loan payment?

Please visit our struggling financially page for more information and support on what to do if you miss a payment.

Why is the balance of my loan more than I expected?

The balance is not a settlement figure and the balance you see in digital banking or the App isn’t the amount needed to pay off your loan in full (it doesn’t include an early settlement charge or accrued but not yet applied interest).

For more information you can visit our early repayment charges page.

Something else we can help you with?

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