We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Santander Loan been reviewed

muay
muay Posts: 49 Forumite
Hi,I applied for a loan yesterday and got a e mail today saying,

Your application is currently being reviewed and you will be contacted within the next 48 hours by either telephone or post to advise you of the decision.

Does anyone know if this is a good or bad sign.
Thank you.

Comments

  • Tixy
    Tixy Posts: 31,455 Forumite
    Well its not as good as an immediate acceptance. But not as bad as an immediate decline! Its not tha unusual - it means your file will be reviewed by a person and the computer couldn't make a decision from your infomation (either because you have things like notice of correction on your credit file or because you a borderline for acceptance). All you can do is wait until you hear from them.
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • muay
    muay Posts: 49 Forumite
    Ok, thank you for getting back to me.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.