Nationwide soft-search loan - can you tell if you'll be accepted?

DANNY5902

Hi all,

Just did the soft search with Nationwide for a 5k loan over 4 years, and got 9.9%. Has anybody had any experience with the soft search? I don't want to go ahead and make a full application if I'll be rejected, so if anybody has got a quote and then gone through with their application, any advice would be gratefully received. I know no-one can tell for sure, but I'd like to be able to rate my chances a little more clearly!
Cheers

Tixy

Its been suggested on here if the APR is over 21% then you'll probably be declined.

I think aside from that people have mostly reported it to be pretty accurate and the final offer they were given was the same as the quote.

Nicandan

Sorry to hijack post, I've just done a quote for a balance transfer card and it's quoted 2500 limit with a 17.9% apr, does this sound like it could be a yes?

thebritishbloke

Nicandan wrote: »

Sorry to hijack post, I've just done a quote for a balance transfer card and it's quoted 2500 limit with a 17.9% apr, does this sound like it could be a yes?

I just got the same as you when applying for the purchases card. Considering their standard APR is 17.9% and they've offered you a reasonable limit, I'd say you'll be fine.