Tesco loan

BIGWIG

I have just applied for a Tesco personal loan for £7500 and received this email imediately? Just have to wait and see now although am not feeling too confident?

**** PLEASE DO NOT RESPOND TO THIS E-MAIL, IT HAS BEEN SENT FROM AN UN-MONITORED
E-MAIL BOX****

Dear mr XXXXXXXXXXXXXXX

Thank you for completing the online application for a Tesco Loan. Your
application has been received and will now be processed.

We will send you a letter advising of the outcome of the application along with
any relevant documentation and instructions on next steps.

Thank you for choosing Tesco Loans
If you have any questions about your loan, please call us on 0845 600 60 16.
Our lines are open 8am-8pm Mon to Fri and 9am-5pm Sat and Sun.


I will keep everyone updated with any progress.

PNPSUKNET

normaly they will be doing further checks if you get this one

bamsmushroom

Yeah you get that, then 1-2 days later you'll get a phone call and if you been approved in principle letter will come same day/day after the call...
Currently going through this route myself
Good luck

selecta_c

BIGWIG wrote: »

I have just applied for a Tesco personal loan for £7500 and received this email imediately? Just have to wait and see now although am not feeling too confident?

**** PLEASE DO NOT RESPOND TO THIS E-MAIL, IT HAS BEEN SENT FROM AN UN-MONITORED
E-MAIL BOX****

Dear mr XXXXXXXXXXXXXXX

Thank you for completing the online application for a Tesco Loan. Your
application has been received and will now be processed.

We will send you a letter advising of the outcome of the application along with
any relevant documentation and instructions on next steps.

Thank you for choosing Tesco Loans
If you have any questions about your loan, please call us on 0845 600 60 16.
Our lines are open 8am-8pm Mon to Fri and 9am-5pm Sat and Sun.


I will keep everyone updated with any progress.

I got this same message and then got declined but as a previous post mentioned they will still be doing checks so it could go either way.

streetfast

I got that email, got accepted in principle @ 17.7% APR needing me to send proof of address & bank statements

OMAR

17.7!!!! bloody hell

bargainbuyer123

OMAR wrote: »

17.7!!!! bloody hell

I keep getting quoted @ 24.9 by LTSB at the moment!!!

streetfast

Yeah I got 17.7% as I am 22 years old, have only had a credit card for 1 year as well as an overdraft for the same length of time and have never had any loans before so I assume I am a high risk. On the plus side I pay all D/D on time, I only ever had 1 late payment in 2006 (which is new to me but its on my exquifax but not experian).

They are checking my bank statements at the moment, not sure what for though?

Cash_Flow

bargainbuyer123 wrote: »

I keep getting quoted @ 24.9 by LTSB at the moment!!!

24.9% APR is the highest rate lloyds offer.

If you bank with lloyds the quotation you were offered will be based on your account conduct and any additional borrowing commitments you have.

Cash_Flow

streetfast wrote: »

Yeah I got 17.7% as I am 22 years old, have only had a credit card for 1 year as well as an overdraft for the same length of time and have never had any loans before so I assume I am a high risk. On the plus side I pay all D/D on time, I only ever had 1 late payment in 2006 (which is new to me but its on my exquifax but not experian).

They are checking my bank statements at the moment, not sure what for though?

I thought Tesco searched Equifax?

streetfast

maybe so but check both just incase