Whats the best reasons to say I want a loan for

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  • Edi81
    Edi81 Posts: 1,445 Forumite
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    If the op had half a brain cell they would go with the standard buying a car, new kitchen reasons.
  • pramsay13
    pramsay13 Posts: 1,955 Forumite
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    It depends who you are asking and for how much.
    If it's for £1k and you say it's to buy a new ferrari they won't be fooled.
  • Dobbibill
    Dobbibill Posts: 4,135 Ambassador
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    The best reason is the honest reason.
    If that doesn't meet the criteria then so be it.

    Lie on the application - get found out - and they will give you £0 and a CIFAS marker (the CIFAS marker will last longer than the money too) ;)
    And you won't have any current accounts left open to pay the loan in to.
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  • meer53
    meer53 Posts: 10,217 Forumite
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    To buy a Unicorn.
  • enjoyyourshoes
    enjoyyourshoes Posts: 1,093 Forumite
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    Four leaf clover

    Rocking horse s**t

    The plot of land at the end of the rainbow?

    Magic beans

    The hen tat lays the golden egg?
    Debt is a symptom, solve the problem.
  • Ebe_Scrooge
    Ebe_Scrooge Posts: 7,320 Forumite
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    Rear brakes for a Yaris ?
  • WillyWonga
    WillyWonga Posts: 324 Forumite
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    When I worked in the loans department of a bank examples like deposit for house or divorce and paying wife off were standard declines regardless of inhouse credit scoring.

    Say car, home improvements.... I have never known a bank ring up or write out say 2 weeks after loan paid out to ask for proof what monies spent on.
  • ReadingTim
    ReadingTim Posts: 3,970 Forumite
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    Edi81 wrote: »
    If the op had half a brain cell they would go with the standard buying a car, new kitchen reasons.

    Maybe it's for half a brain cell...
  • DCFC79
    DCFC79 Posts: 40,598 Forumite
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    bluedoganchorite wrote: »
    aaaand nobody has remotely helped in this thread and given decent reasons?

    You have been given replies that have helped, just because the replies don't tally with what you were looking for it doesn't make the replies unhelpful.

    Just don't lie.
  • Sarastro
    Sarastro Posts: 400 Forumite
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    bluedoganchorite wrote: »
    aaaand nobody has remotely helped in this thread and given decent reasons?

    That's because we suspect your actual recent isn't decent, so why should we help you?
    Debt 1/1/17 - Credit Cards £17,280.23; overdrafts £3,777.24
    Debt 5/1/18 - Credit Cards £3,188; overdrafts £0
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