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Quick question on a possible loan application..

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ferry
ferry Posts: 2,012 Forumite
Part of the Furniture 500 Posts Name Dropper
Just thinking out loud really,but if I applied for a CC today online and got accepted,then applied for a loan with the same company on the same day can i assume that it would also be automatically accepted?

Any reason why I wouldn't be for the loan.?

Just thinking out loud really..?

Cheers!
T.
:j

Comments

  • nomoneytoday
    nomoneytoday Posts: 4,871 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    A loan and cc may require a different credit score, they may be for different amounts (say a £25,000 loan vs a £1000 debt on a credit card), they may limit their exposure to a person to one product... etc etc
  • Sarahsaver
    Sarahsaver Posts: 8,390 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Why do you want a new CC AND a loan :confused:
    Member no.1 of the 'I'm not in a clique' group :rotfl:
    I have done reading too!
    To avoid all evil, to do good,
    to purify the mind- that is the
    teaching of the Buddhas.
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