BIG LOAN or SMALL LOAN?

daveskey69

Are you more likely to be approved a loan if you apply for a smaller amount; as opposed to applying for a large loan? Or do they just run your details through the credit scoring process and make the decision regardless of the amount applied for?

Many thanks!

DAVE

[Deleted User]

depends also on how much credit you already have avaliable and how much you owe on existing credit
max can be around 50%.