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Loan approved in principle
usedtobeblue
Posts: 58 Forumite
in Loans
Hi there, just looking a bit of advice.
I have been approved in principle by Tesco, all they required was 1 month bank statement. I received the paperwork with the apr (5.1% not 3.6% advertised), ive signed and returned it.
This is the first time this has ever happended to me. I have never had a late payment of default on any of my credit agreements. Is this normal procedure? I was under the impression i had been accepted but now im not so sure!
What are the final checks they complete?
Thanks in advance #confused
I have been approved in principle by Tesco, all they required was 1 month bank statement. I received the paperwork with the apr (5.1% not 3.6% advertised), ive signed and returned it.
This is the first time this has ever happended to me. I have never had a late payment of default on any of my credit agreements. Is this normal procedure? I was under the impression i had been accepted but now im not so sure!
What are the final checks they complete?
Thanks in advance #confused
learning to live again, slowly but determined £30k in debt, but dealing with it and proud
0
Comments
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Yes, it's normal procedure if they want to do a further check.0
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Sorry to be a pest, but what sort of checks? They have already completed a credit check as i looked my report?learning to live again, slowly but determined £30k in debt, but dealing with it and proud0
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ID check, or perhaps income check.0
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