Credit Expert recommendations - how reliable are these?

BugsyBrowne

Golden_Anemone wrote: »

@BugsyBrowne. Your response bears absolutely no relation to my original question so I can only hope it made you feel superior. Otherwise it will have served no useful purpose at all as well as being totally devoid of grammar. :rotfl:

No worries have a good night.

BugsyBrowne

27col wrote: »

Bugsy seems to have misplaced his full stop key.

Thanks for pointing that out I really appreciate that col your a good member and don't let Any other member tell you otherwise.

Apples2

Golden_Anemone wrote: »

. Is this practice legal? I did not give permission for my information to be passed on to anyone else. :mad:

http://www.creditexpert.co.uk/PDF/CE_PrivacyPolicy_240412.pdf

Do we share information with Third Parties?
We may disclose any of the information that we collect to other companies within the Group and to those third parties referred to above in the section. Except as provided below, we do not share information with any other third party. We do not share the additional details that you provide as part of your Web Monitoring service with a third party. When identifying methods of improving our products and services or if we think a product may be of interest to you, we may arrange to extend offers of goods or services to you . We may also wish to pass your contact details to other selected organisations outside of the Group with whom we have a business relationship and which may wish to contact you about goods, services and events in which you may be interested. You will not receive such marketing unless you agree to do so.

Are you sure it wasn't a little box of T&C's when looking for a loan?

None of this type of company are interested in finding you a loan, all they want is the money for the referral.

Golden_Anemone

Thanks Apples. I didn't apply through Credit Expert. I found the Sainsbury's rate on moneysupermarket and applied from there. There were 3 tick boxes at the bottom of the agreement. I ticked the first 2 - that I had read and understood the ts and Cs and that Moneysupermarket.com could contact me with offers. I specifically did not tick the box that would have given permission for 3rd parties to contact me.

Apples2

jayce777 wrote: »

is this your net salary? Also does the ratio change to account for the fact you've asked for a longer term loan? i.e. 4 years instead of 1.

It isn't a defined figure, it is just a reasonable gauge to work with. Nobody (other than the lenders machine) knows exactly how they work out acceptance criteria.

jayce777 wrote: »

If I get £1900 a month how much debt can I have?
thanks.

The red quote is a worrying stement, this isn't a competition to grab as much debt as possible, the idea is to have zero debt and plenty of savings.