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Natwest Loan question

Hi,

I have been trying to apply for a Natwest loan for a few weeks. It have been having problems using their digital docs online system (it kept producing an error when trying to upload) so I was advised to go into branch with the docs needed and they would be sent off and then a decision given in 3-5 days.

I went into my local branch yesterday and spoke to an advisor who said he would be able to complete the loan application there and then so we did, went through everything again and provided all the documents needed (proof of income etc) at the end he got me to sign a contract and gave me a letter with a loan account number, date of payments etc and said the funds will be in my account within 2-3 working days.

Now this is the stupid question (I would call the loans dept but they are closed on Sundays, and yesterday by OH was doing a charity event to which he was injured and we spent 12 hours at the hospital...!)

Would you 100% take his as the loan as accepted? It is for £1500 so quite a low loan amount and is for "home improvements"

Thanks in advance!

Comments

  • Dobbibill
    Dobbibill Posts: 4,201 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Why wouldn't it be?

    You've signed the loan application form, you've provided all documents that were required, you've been told what date the payments will leave the account, you've been told when the loan will be in your account.
    I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    If you can't be the best -
    Just be better than you were yesterday.
  • I worry about everything... lol thank you for your reply!
  • DCFC79
    DCFC79 Posts: 40,644 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    So a loan of £1500, what kind of apr is being charged for that ?

    Could you have not got a 0% credit card ?
  • What was on the digital docs from Natwest? I recently applied (and was rejected) online for a loan but don't remember having to upload any docs? Thanks.
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