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Own bank loan when in overdraft

martinjohn
martinjohn Posts: 272 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
edited 4 February 2010 at 4:15PM in Loans
what are my chances of getting a loan from my bank when im self employed and currently been in an overdraft for some time?
I have been declined by 2 other lenders already.

Comments

  • Cash_Flow
    Cash_Flow Posts: 1,103 Forumite
    martinjohn wrote: »
    what are my chances of getting a loan from my bank when im self employed and currently been in an overdraft for some time?
    I have been declined by 2 other lenders already.

    Not good, In the eyes of the bank you are struggling.
  • Not good mate, I was told I was pre-approved but still got declined by my bank, thats after paying of a 3k loan to them with not one payment missed.
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