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Using nationwide pre-application quote to monitor my credit file?
Comments
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24.4% on a soft quote for a loan is almost certainly an immediate decline.
EDIT: Do a quote from their main page as an existing customer but no Internet banking details. Should soft-quote you then. It's probably because its been less than 6 months from last full application.I spent 25 years in the mobile industry, from 1994 to 2019. Worked for indies as well as the big networks, in their stores also in contact centres. I also hold a degree in telecoms engineering so I like to think I know what I’m talking about 😂0 -
Thanks I'll try that - thought about it and I probably don't want them to see a soft search for a loan and use it against me when deciding whether to let me keep my overdraft etc - so I'll wait a month or 2 then try it that way!0
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Just done a quote without being logged into online banking. 22.9%. Far too high for me to go for, but would that be a possible approval? Or at least that my internal rating has gone up slightly!?
New Loan - £4,000.00
Loan Amount £4,000.00
Term 84 months
Loan Interest Amount £3,623.84
Total Amount Payable £7,623.84
APR 22.9%
Monthly Repayments £90.760 -
Just done a quote without being logged into online banking. 22.9%. Far too high for me to go for, but would that be a possible approval? Or at least that my internal rating has gone up slightly!?
New Loan - £4,000.00
Loan Amount £4,000.00
Term 84 months
Loan Interest Amount £3,623.84
Total Amount Payable £7,623.84
APR 22.9%
Monthly Repayments £90.76
22.9% for 7 years you've lost the plot.0 -
"Far too high for me to go for"!!! But it was 24.4% they were offering me the other week!
Even more strangely, when I log in to online banking it's banging on about mortgages!0
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