Lloyds Personal Loan

DCFC79

JReacher1 said:

DCFC79 said:

Bubble2012 said:

DrEskimo said:

It said likely, not guaranteed....

If he has substantial savings why borrow money and pay for interest unnecessarily? If you get out the habit of applying for credit when you want to buy things you don't have to ever worry what your credit score is, or how likely an app says you are to get a loan....

Sorry...... where in my post did I say substantial savings?

Heres a question for you.

The money you would use for the loan payments where is it currently, if you currently have it why not use said money. 

I’m always a bit confused by comments like this as they don’t make any sense. 

Say the OP wanted to borrow £10k. Just because they can afford the monthly payment for the loan doesn’t mean they also have £10k available. The whole point of loans is to give you a lump sum in advance. 

I see where your coming from.
It all depends how long the husband has been earnt substantial earnings for, if only a few months then my post should be ignored.