Anyone who has applied for loans?

Cheers
Cheers Posts: 70 Forumite
in Loans
Do you know any lenders, apart from Tesco Bank, who don't ask for wage slips when you apply?

Comments

  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    Your bank probably wont, as they will see your wages being credited.
  • catwoman73
    catwoman73 Posts: 446 Forumite
    Part of the Furniture
    Sainsbury's didn't ask for wage slips when I got accepted for a loan with them, but the APR was too high so I then applied to my own bank (Santander) but obviously they see my salary going in every month.

    What is the problem with supplying wage slips? Unless you don't actually earn what you plan to tell them you do...............
  • andyfromotley
    andyfromotley Posts: 2,038 Forumite
    Its a fair few years since i had a personal loan but in the past i had plenty and i was never asked for payslips. Is this normal practice now?
    £1000 Emergency fund No90 £1000/1000
    LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
    !
  • poppasmurf_bewdley
    poppasmurf_bewdley Posts: 5,931 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Why don't you want to show your wages slips?
    "There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Cheers wrote: »
    Do you know any lenders, apart from Tesco Bank, who don't ask for wage slips when you apply?

    Credit card companies almost never ask for wage slips.

    I imagine you're self employed and require finance but don't have pay slips. Just say so in the application.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • 20aday
    20aday Posts: 2,610 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker PPI Party Pooper
    NatWest asked to see my wage slips three years ago when I applied for a loan with them; I'm paid weekly and visit the bank to deposit them so assumed that's why (rather than a regular salary being credited via BACS).
    It's not your credit score that counts, it's your credit history. Any replies are my own personal opinion and not a representation of my employer.
  • Cheers
    Cheers Posts: 70 Forumite
    Zopa approved my loan online , then asked me for wage slips, which I don't have
  • thumperrabbit
    thumperrabbit Posts: 188 Forumite
    Hitachi capital do not require payslips.
  • Caz3121
    Caz3121 Posts: 15,810 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Cheers wrote: »
    Zopa approved my loan online , then asked me for wage slips, which I don't have

    I assume you stated you are working when you applied for the loan? your employer must provide you wage slips by law...why do they not?
    If you are not working then stating anything else on a loan application would be attempting fraud
  • 27col
    27col Posts: 6,554 Forumite
    Cheers wrote: »
    Zopa approved my loan online , then asked me for wage slips, which I don't have
    As Zopa is lending out my money and that of people like me, I'm glad that they have strict lending criteria.
    I can afford anything that I want.
    Just so long as I don't want much.
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