NatWest Graduate Loan

Good:
They offer 4 OR 12 month repayment holidays at the start of the loan (interest still applies)

Bad:
Higher APR compared to other graduate loans

Verdict:
Only available to NatWest Graduate Account holders - there is no preferential rate, the interest is high, might be better off applying for a personal loan

NatWest offer Graduate loans between £1,000 and £15,000 for up to 5 or 7 years. The loan has a fixed rate so your repayments will not change. They offer a 4 or 12 month repayment holiday at the start of the loan so if you choose, you won't have to make any payments at the beginning - bear in mind that interest still applies. There are no arrangement fees or administration charges. You must be a current NatWest account holder to apply, you must have graduated within the last 3 years and must be in full-time employment or have accepted a job offer (self-employed applications will be considered at their discretion).

You can apply online, which takes about 15 minutes to complete. If you apply online, they will give you an instant decision. You may need to provide proof of graduation and other forms of documentation (see list below) If you are accepted, they will display a credit agreement which you will need to electronically sign. The money will then be transferred into your account within 24 hours. If you are not signed up for online banking you will need to apply over the phone. They will give you a decision on the phone and NatWest will send the loan documents out to you so you can sign them. Once you send them back, along with any other documentation, the money will be in your account within two days of them confirming your loan.