Natwest

In 1968, National Provincial Bank and Westminster Bank merged to create National Westminster Bank. In the 1990s, the financial service industry underwent a large change, and as a result, National Westminster Bank refocused their efforts and adopted the name NatWest. In 2000, The Royal National Bank of Scotland acquired NatWest, so NatWest is now part of the second largest banking entity in the UK and the fifth largest in the world.

NatWest allows you to borrow £1,000 - £25,000 for periods of seven to twelve years. You must be at least 18 years of age, and you must have a current bank account for direct debit payments (required). In addition you may not have any current CCJs (County Court Judgments).

Natwest's interest rates are set depending on the loan amount (and not necessarily on your credit rating). If you are accepted, you will receive their standard APR for the amount you are borrowing.

NatWest, or National Westminster Bank, was established in 1970 from the merger of Westminster Bank and National Provincial Bank. The Royal Bank of Scotland then acquired NatWest in 2000.

If you are in the market for a financial product like a loan or a mortgage, use our tools on SimplyFinance.co.uk to find the best company and product for you, keeping in mind that this article should not be interpreted as financial advice or as a recommendation by SimplyFinance to use any individual service or to invest with any company advertised or mentioned.