📨 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!

Loan Question

alamaya
alamaya Posts: 419
Part of the Furniture Combo Breaker
Forumite
I have a loan with one payment left.

I have tried to get another loan today and was told i have too much borrowing so they wont lend to me.


My question is would the loan companies take into account i only have £225 left on this loan or would they just see the original 9k amount and use that in their scoring?

thanks for your help
Baby Girl Born May 2011
Baby Boy Born Nov 2012

Comments

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
  • 355.9K Banking & Borrowing
  • 255K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.4K Work, Benefits & Business
  • 606.1K Mortgages, Homes & Bills
  • 179.1K Life & Family
  • 264K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards
Quick Search

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.