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HSBC Loan Application

The_Jester
The_Jester Posts: 230 Forumite
I applied for a loan on Tuesday and received an email this morning stating

‘Your recent HSBC Personal Loan application


Thank you for your application. We’ve referred your application to our underwriters and we will contact you within 5 working days. However, during busy periods it may take up to 10 working days.’

Is this normal? I'd like to think I'm in good financial health so I'm confused by this.

Comments

  • andyfromotley
    andyfromotley Posts: 2,038 Forumite
    its not that unusual, you didnt 'pass' on their initial view of your application, (this could be for a million reasons) but you didnt 'fail' either. You are in the middle and its being sent for an actual human to review. You'll know soon enough.
    £1000 Emergency fund No90 £1000/1000
    LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
    !
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