Loan Fees- Do I have to pay them?

calsim

As per my previous thread I have applied for a few loans and they were all approved (in principal). I ended up not needing them so I have cancelled them before they were officially approved..

I am a little nervous I am going to be charged a fee for the application process.

Is there a way around this? E.g opening an new account with my bank?

Thanks in advance!

DCFC79

calsim wrote: »

As per my previous thread I have applied for a few loans and they were all approved (in principal). I ended up not needing them so I have cancelled them before they were officially approved..

I am a little nervous I am going to be charged a fee for the application process.

Is there a way around this? E.g opening an new account with my bank?

Thanks in advance!

A new bank account wont help, for 1 its just running away from the issue and 2 the bank will come after you.

calsim

Thanks for the reply.

Is there anything you can recommend?

I just do not want a large sum to come out my bank balance- especially by surprise.

[Deleted User]

Nothing you can do until the fees are debited, as you will have authorised them.