Nationwide loan soft search

markstevo

Hi all
I've just done a soft search with nationwide for a loan, the quoted figure was 6.4%.....if I go ahead with a full application does anyone know the chances of getting the loan? I appreciate that the quoted apr may increase. Was just wandering if anyone else has done the soft search then gone ahead and either been declined or accepted?

Thanks in advance

Saints2011

You have been given a low APR, I would of thought this would be a accept but things can sometimes change with a full search.

markstevo

Thanks for the reply Saints2011

I think i will give it a go and see what happens.

Thanks

Cash_Flow

markstevo wrote: »

Thanks for the reply Saints2011

I think i will give it a go and see what happens.

Thanks

Don't forget to let us know the outcome;)

Roshansmith

With Nationwide soft quotes, if you have been quoted 24.9 % you will most certainly be declined. If you get a lower quote, you are likely to accepted. 6.4% is an extremely good rate, therefore you should get accepted. I would be surprised if you didnt.

JoshBee25

I applie on Friday the original apr was around 6% when doing it all I was quoted 7.5% apr I've been accepted in principle but looking at my credit report the only thing they state is no more then 3 defaults in the last 12 months which I've had none, I hear back on Tuesday as it takes 2 working days but I signed the contract and give them details of the account I want the money put I to etc.

Good luck & let us know.