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    • Mabr
    • By Mabr 16th Jun 17, 7:22 PM
    • 7Posts
    • 12Thanks
    Two loan agreements
    • #1
    • 16th Jun 17, 7:22 PM
    Two loan agreements 16th Jun 17 at 7:22 PM
    I applied online for a loan to purchase a car and received an immediate 'Approval in Principle'. This was followed by an email saying that a loan agreement was being sent out in the post. I then received an identical email followed by one which said although I was approved they couldn't offer me the advertised APR. Today I received two letters, both containing loan agreements - one for 2.8% and the second for 6.1%! What do you advise I do? Logic would say complete the one at 2.8% but I'm worried this would cause the loan to be rejected and I would like the funds relatively quickly to purchase a car. Grateful for your thoughts.
Page 1
    • zx81
    • By zx81 16th Jun 17, 7:24 PM
    • 13,218 Posts
    • 13,527 Thanks
    • #2
    • 16th Jun 17, 7:24 PM
    • #2
    • 16th Jun 17, 7:24 PM
    Call them.
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