HELP!!! Loans from companies I dont know!

aj_vader

Hi, Im brand new here and have been looking for my first loan. (Never done one before).

Ive applied at a loan company and ive had many phone calls. Ive given my details to two companies and they both want administrative fees off me, is this normal?

i feel a little cheated im really stuck and desperate!

zppp

aj_vader wrote: »

Hi, Im brand new here and have been looking for my first loan. (Never done one before).

Ive applied at a loan company and ive had many phone calls. Ive given my details to two companies and they both want administrative fees off me, is this normal?

i feel a little cheated im really stuck and desperate!

It is normal for them to ask for fees. It is not normal that the application will come to anything, thus you may be better applying with your own bank.

There are hundreds of threads on this site, where people have paid the fee and not got a loan. When they try and get the fee back, it takes a long time and is virtually impossible. Sorry.

aj_vader

thanks for your speedy reply, my awsome bank (natwest) has cancelled my card to stop them presenting the money,

thankyou so much

iolanthe07

Never, ever pay an up front fee for a loan - no decent broker or lender will ask for one. And never, ever give your bank details to these sort of people.