Help with loan please...

yiannisz

Just applied for alone and have not been successful, the loan was £18,000 and I earn £20,000 a year how much am I allowed to borrow
The loan period was for 60 months....

What is a reasonable amount to borrow in my case....

I checked my credit rating and it's excellent.... 980 with experian

Thanking you in anticipation!

stephane_2

If you don't have any other debt then a lender on that salary might be willing to lend you £8000 to £9000 but again it will depends on each individual circumstances....

Macca83_2

What are you planning to get with this loan? 18k on a 20k salary just isn't gonna get accepted. 10k would probably be the maximum

yiannisz

Cheers for your advice....

19lottie82

rule of the thumb is.....

half of your current salary - any current debt = what you may be able to borrow

but of course other factors apply

opinions4u

Just applied for alone

Is this a new way of saying you've asked your partner to leave?