Rbs online loan advice

Sussex76

Hi all

I have a quick query which hopefully someone may be able to help with.

I applied for an rbs loan online this morning, I'm already a rbs current account holder so most of my details were picked up automatically. I went through the process and it said my application was complete, it asked which account it wanted the loan paid into and payments taken from, it also gave me my repayment date and said the money would be in my account in 2 working days.

Now to me that sounds like it's all done and dusted, it didn't ask for any further info , I assume as its done online and I'm with them already I don't have paper work to sign etc?

Anyway it all sounds like it's too easy here and wondered if anyone had done the same process and were there any issues?

Cheers!

Vixstar

I recently applied for a loan with the Natwest and exactly the same happened. The loan appeared on my online banking after 24 hours, the actual money in my account about a day later.

Sussex76

Vixstar wrote: »

I recently applied for a loan with the Natwest and exactly the same happened. The loan appeared on my online banking after 24 hours, the actual money in my account about a day later.

Great, that's really helpful, thanks for the response

thomas20

Sussex76 wrote: »

Hi all

I have a quick query which hopefully someone may be able to help with.

I applied for an rbs loan online this morning, I'm already a rbs current account holder so most of my details were picked up automatically. I went through the process and it said my application was complete, it asked which account it wanted the loan paid into and payments taken from, it also gave me my repayment date and said the money would be in my account in 2 working days.

Now to me that sounds like it's all done and dusted, it didn't ask for any further info , I assume as its done online and I'm with them already I don't have paper work to sign etc?

Anyway it all sounds like it's too easy here and wondered if anyone had done the same process and were there any issues?

Cheers!

Hi, yeah I have a loan with RBS and when I applied it was done and dusted online filled in the form and the loan approved. The money appeared 24hours later. It's a very fast service.

Sussex76

Cheers both of you, one more question, did you get email confirmation straight away, as yet I've had nothing which is a little odd

thomas20

Sussex76 wrote: »

Cheers both of you, one more question, did you get email confirmation straight away, as yet I've had nothing which is a little odd

I didn't get an email the money just appeared! Got a letter confirming my loan am few days later.