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Personal loan and switching current accounts

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sporkafife
sporkafife Posts: 4 Newbie
in Loans
Hi, I'm looking at buying a used car from a dealership soon and the best financing option for me would probably be a small (£2500-£3000) loan through my current account provider NatWest. The rates my bank's eligibility checker are offering are competitive compared to the other car finance options, and I'd own the car right away. However, I'm also thinking of switching current accounts to a different bank within the next few months. Would I be able to get a loan through my current account provider, and then switch to a different bank during the repayment period without any trouble?

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  • Pixie5740
    Pixie5740 Posts: 14,515 Forumite
    10,000 Posts Eighth Anniversary Name Dropper Photogenic
    Probably. I had a loan with Nationwide and later switched my current account to TSB. It had no impact on my loan with Nationwide whatsoever.
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