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Can I apply for another loan?
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Hi guys,
Applied for a loan last night with AA and they gave me a loan accepted in principle. The APR was starting at 3.1% but never gave me a final figure until after the application was complete (which is now 9.9% which is a bit high.) I have now changed my mind. The question is can I apply to other places since I have not signed anything etc
Applied for a loan last night with AA and they gave me a loan accepted in principle. The APR was starting at 3.1% but never gave me a final figure until after the application was complete (which is now 9.9% which is a bit high.) I have now changed my mind. The question is can I apply to other places since I have not signed anything etc
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Comments
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Nothing to stop you but I would do no more than 2 applications0
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Yes you can i did same with tesco than week later clydesdale who had the cheaper rate
as above 2 applications shoudnt hurt0 -
If it had have been clearer from the start that they would have offered that APR I would not have accepted it. My bank offering 5.5 which I should have originally applied for. Thanks0
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If it had have been clearer from the start that they would have offered that APR I would not have accepted it. My bank offering 5.5 which I should have originally applied for. Thanks
Lenders cant determine what rate to offer before you submit your details and they check your credit file.0 -
Ah rite. First time doing this.0
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Nah no nasties. Always pay my agreements on time (o2 and previous car finance) and credit card balance is nil. I make a fairly decent wage but want a new car.0
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Can save a good chunk of money by buying used.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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Yeah Brand new car is wasted money there is so little difference between brand new and 2-3 years old and a price difference can be several 1000s absolutely not worth overpaying.0
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