Frequently asked questions about Long Term loans
Yes, long term unsecured loans can be used for debt consolidation. Those who have a large amount of debt might find that consolidating with a personal loan will make their monthly payments more manageable, though it may also increase the total amount repayable.
Long term loans can be used for larger purchases such as home improvements, a vehicle purchase, and debt consolidation or for educational costs.
Yes, you can start your online application by clicking the apply button at the top of this page. Just complete a few details on our online form to find out if you meet our lending criteria in just a few short minutes.
Yes. All of our loans offer a fixed rate APR. This means your repayments won’t change through the term of the loan so you’ll always know how much you have to pay.
Yes, even if you’ve had credit problems in the past you can still apply for a long-term loan with Norwich Trust. Our rates are based on the loan amount, not your credit score.
Yes, Norwich Trust loans are exclusively for homeowners, however, they’re not secured against your home. If you’re looking to borrow for home improvements such as an extension or conservatory or to upgrade your kitchen or bathroom, we could help.