Sainsburys Personal Loan - Approved In Principle

DCFC79

Dontstop wrote: »

Sorry to revive an old thread but I had email and returned credit agreement Friday and haven't heard nothing since from sainsburys will they email me to confirm all has been agreed or will the money appear in my bank account

Could call them ?

[Deleted User]

DCFC79 wrote: »

Could call them ?

Too easy.

There's got to be a more difficult way of doing it.

Dontstop_2

Yeah could ring but was wondering if I wait another day or two and see what happens

Gaz83

Dontstop wrote: »

Yeah could ring but was wondering if I wait another day or two and see what happens

Good idea, it's always better to spend another couple of days in limbo rather than ten minutes on a phone to actually know for sure.

Jack_UK2

TheAnalyst wrote: »

Declined by underwriters.

Back to the drawing board

Did they send out an agreement and then decline this or did they just send a letter to say it had been declined ?

DCFC79

Jack_UK2 wrote: »

Did they send out an agreement and then decline this or did they just send a letter to say it had been declined ?

Whats your question then ?

Jack_UK2

DCFC79 wrote: »

Whats your question then ?

Did the OP get a credit agreement in the post, sign it, return it and then get declined.... OR Did they just send a letter to say it wasnt approved ?

The reason I ask is that I got the same agreed in principle message and now have received my agreement but am unsure if its been excepted or not

Jack

1DayAAT

If you've had the agreement in the post then you have been approved. The decline letter would come in place of the agreement, after the online pre-approval.

Jack_UK2

Thanks 1DayAAT, I did think this but in my welcome pack there was a letter saying it was approved in principle along with another saying once I signed and returned the agreement it would be in my bank within 3 days? .. the 2 letters seperate letters in the pack confused me a little.

I posted a sepetate thread about it https://forums.moneysavingexpert.com/discussion/5040047

Jack

1DayAAT

I had the very same thing within my Sainsburys loan pack. I sent the credit agreement off and money was in my account days later. It was all very fast and smooth. Yours will be fine.