We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
do I have accept loan? or can I apply for new loan
*do I have to accept loan?
Hi I am with nationwide and currently have a loan of£ 2300ish with 13months left. I got a quote of 8.9% to top up my loan with an extra 10000. I didn't apply as I wanted to see if I could get a better rate. I applied with cahoot santander with a representative rate of 3.6% I had to apply i did this online. It said I had been accepted with a 15%. I haven't signed anything yet? Ticked the declaration box. I don't want to accept this loan can I cancel this and will this affect my credit rating if I try to apply with nationwide? Can I apply for a differed loan straight away or will I have to wait till I recieve paperwork in the post?
Hi I am with nationwide and currently have a loan of£ 2300ish with 13months left. I got a quote of 8.9% to top up my loan with an extra 10000. I didn't apply as I wanted to see if I could get a better rate. I applied with cahoot santander with a representative rate of 3.6% I had to apply i did this online. It said I had been accepted with a 15%. I haven't signed anything yet? Ticked the declaration box. I don't want to accept this loan can I cancel this and will this affect my credit rating if I try to apply with nationwide? Can I apply for a differed loan straight away or will I have to wait till I recieve paperwork in the post?
0
Comments
-
Contact them and tell them you would like to withdraw from the loan.
It will leave a search on your credit file, which could impact future applications.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards