loans advice please

vinnyt_2

sistafromanothermista wrote: »

Which would be fraud........

oh right i did not think that was fraud .

somethingcorporate

Lying to obtain money? It's fraud and possibly deception.

vinnyt_2

somethingcorporate wrote: »

Lying on an application would be the worst thing you can do.

If you bank with Natwest they will SEE your income going in and out of the account.

You could easily call the companies and ask for your limit to be lowered to £xk or just close one of them.

What is the rush? is there a reason you cannot wait for the files to be updated? You can try applying anyway but chances are they could be wasted applications.

yes i know i could call the credit card and lower my credit but it will take 2 months to show up on my credit report .

vinnyt_2

poppasmurf_bewdley wrote: »

Nat West wouldn't need proof of income as they know how much you get every month from your bank statement.

I dont get wages paid into my account i get paid weekly in cash been with the same employer for the last 20 years and its always been the same i just usually put the cash into my bank .

somethingcorporate

Which they will see is far lower than the amount of money that you are claiming you "earn".

It's complete lunacy to do it and you may get the book thrown at you.

vinnyt_2

somethingcorporate wrote: »

Lying on an application would be the worst thing you can do.

If you bank with Natwest they will SEE your income going in and out of the account.

You could easily call the companies and ask for your limit to be lowered to £xk or just close one of them.

What is the rush? is there a reason you cannot wait for the files to be updated? You can try applying anyway but chances are they could be wasted applications.

Yes there is a rush my friend is selling the car he has been given a trade in price against a new car but he has offered it be at the same price which is a steal but he needs to sell it next couple of weeks .

poppasmurf_bewdley

vinnyt wrote: »

I dont get wages paid into my account i get paid weekly in cash been with the same employer for the last 20 years and its always been the same i just usually put the cash into my bank .

Earning £35k in cash, your company must use big pay envelopes!

somethingcorporate

If you cannot raise the finance then you cannot buy the car - simple as that.

vinnyt_2

poppasmurf_bewdley wrote: »

Earning £35k in cash, your company must use big pay envelopes!

Its a furniture retail shop only employs 3 people im the biggest earner im the manager i work 7 days a week we get cash from customers daily i just take my wages out of it as it comes in its no big deal saves putting it in the safe , we take at lesat 5k a week in cash and more on cards .

vinnyt_2

Thanks for your advice i will probably just get a car from a garage and get it on hp i went in yesterday and got approved for a 20k loan i would have preferred to buy my friends car but never mind . I find it strange after everything you have all said about earnings to available credit ratio that the hp company have approved 20k loan , with no deposit .