We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Question RE Loan applications

powned
powned Posts: 119 Forumite
in Loans
I need a personal unsecured loan asap, since i last applied for a loan the economic climate has obviously changed. As i need this loan quickly is it wise to apply to several lenders at once? - What are the implications of this?
Please stay on topic.
Thanks

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    powned wrote: »
    I need a personal unsecured loan asap, since i last applied for a loan the economic climate has obviously changed. As i need this loan quickly is it wise to apply to several lenders at once? - What are the implications of this?
    Please stay on topic.
    Thanks


    why ask a question and be offensive at the same time?
  • powned
    powned Posts: 119 Forumite
    CLAPTON wrote: »
    why ask a question and be offensive at the same time?

    PLEASE STAY ON TOPIC!!!!! i was not being offensive in any way :confused:
    why do you come on to a thread to post useless rubbish, no one cares how big your post count is.
    explain how i was offensive?
    edit: please just pm me if you have issue with my post. Thanks
  • Robert_Sterling_3
    Robert_Sterling_3 Posts: 7,112 Forumite
    A fight! A fight !
    ...............................I have put my clock back....... Kcolc ym
  • powned
    powned Posts: 119 Forumite
    lol, i dont come here for one but someone always wants to jump on your back! :rolleyes:
    i really dont know how he took offence :confused:
  • Andy_Ches
    Andy_Ches Posts: 420 Forumite
    powned, to answer your question, I would say not to apply to several different lenders as they will all, almost certainly record a credit search and from what I know based on Experian more than 2 credit searches in 6 months may have a negative effect.
  • Comyface
    Comyface Posts: 670 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    powned wrote: »
    I need a personal unsecured loan asap, since i last applied for a loan the economic climate has obviously changed. As i need this loan quickly is it wise to apply to several lenders at once? - What are the implications of this?
    Please stay on topic.
    Thanks

    I wouldn't apply to several lenders at once, they'll all leave a footprint on your credit reference so it looks like you're applying to borrow money off everyone which you then wouldn't be able to pay back.
    Are the words 'I have a cunning plan' marching with ill-deserved confidence in the direction of this conversation? :cool:
  • powned
    powned Posts: 119 Forumite
    TYVM guys, much appreciated! :beer:
  • theartfullodger
    theartfullodger Posts: 15,779 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The wife is watching "Notting Hill" - arrggghh
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture