Loan Eligibility Calculator (daft question?)

fuzzymark

Hi


this might be a daft question (so i am expecting some responses saying as much!)


But having been on the website's loan eligibility calculator - i have recieved a 95% score on a lot of the loan companies.....


am I right to assume the eligibility calculator would never give 100% anyways, and that the 'excellent' 95% chance is basically the same....


unless i have outstanding unpaid debts, been bankrupt and i am currently funneling unpaid bills to my offshore account! (none of which i am doing!)


so with that score (i have a good credit rating, had a loan before and always paid, never missed a payment or overdrawn etc.) am I right to assume id get the loan?

foxy-stoat

You have a good chance at getting the loan but MSE doesnt lend money so it can never 100% be relied upon.

DCFC79

fuzzymark wrote: »

Hi


this might be a daft question (so i am expecting some responses saying as much!)


But having been on the website's loan eligibility calculator - i have recieved a 95% score on a lot of the loan companies.....


am I right to assume the eligibility calculator would never give 100% anyways, and that the 'excellent' 95% chance is basically the same....


unless i have outstanding unpaid debts, been bankrupt and i am currently funneling unpaid bills to my offshore account! (none of which i am doing!)


so with that score (i have a good credit [STRIKE]rating[/STRIKE]history, had a loan before and always paid, never missed a payment or overdrawn etc.) am I right to assume id get the loan?

Changed it for you.


Yes you have a good chance.

fuzzymark

thanks - and yes after applying online i got the loan, and i understand why, but I always find it strange how the offer i have now is far lower than the oringal/previous loan i had before in terms of APR.


i know its becuase of the proof that i can pay loans off etc, and before i was an 'unknown' as id never had loans/debt etc.


but still - thanks for the replies!