The Bank of Scotland opened the doors of its first branch in Glasgow, way back in 1783. With the acquisition of NatWest in 2000 it's continued to grow with offices in Europe, the USA and Asia. The Bank of Scotland is now the second largest bank in Europe and the fifth largest in the world.

Features of the Bank of Scotland Personal Loan

Personal requirements

• Minimum age: 18
• No minimum income required

Deferments and breaks

• No monthly repayments for the first 3 months.
  
• No repayments for the first 3 months. This option is only available at the loan outset.
  

Other features

• You can use the loan to consolidate existing debt.
  
• Joint applications are available.
  
• A cheque along with your loan documents can be delivered within 24 hours with Bank Of Scotland/Halifax's optional courier service, however delivery may take longer in outlying areas or for weekend application. If you choose the optional courier service an additional fee which is currently 45 (plus an extra 5 if you request a specific delivery time), will be payable two months after loan funds are issued.
  
  

How can I compare the Bank of Scotland Personal Loan with other UK loans?

To compare all loan suppliers (including the Bank of Scotland) and choose a loan to suit your personal circumstances, why not use the uSwitch.com loans comparison service? It's a free and impartial service that will compare all UK loan suppliers in order to find the right deal for you. Simply enter a few details about the amount you wish to borrow and we'll provide you with a list of the best loan deals.