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Loan application
paddyamy2000
Posts: 23 Forumite
in Loans
Hi there, after applying for a loan, I showed my recent SA302 self employed proof of income, last years showing £8,000 profit & this years showing £15,000 yearly profit, & showed my contracts gaurunteeing £15,000 up to 2016, the 3 year term of the loan.
How do they calculate applicants affordability Regards.
How do they calculate applicants affordability Regards.
0
Comments
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Depends on the lender. Basically a balance of income and outgoings, either real or assumed.0
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Thanks for the reply, Regards0
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