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Loan approval based on quarterly commission
Comments
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You will struggle to get an unsecured loan for that amount, especially if your salary is variable based on commission."We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about” – Albert Einstein0
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You will struggle to find a loan for 40k but the way you are paid will make it impossible0
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What's the loan for ?NVN2020 said:Hi I’m struggling to find lender to approve a £40k loan as I am on a quarterly commission salary. Even though I can afford it. Does anyone know lenders still helping the likes of us please? Thanks
Why not save X amount per quarter or adjust your spending so you can save more ?
You have any savings ?
Maybe use the time to build some and revisit the idea once s suitable amount is built up.0 -
Best advice ever... cancel your Spotify and Netflix subscription and save £40k in a few months.Thenonameleague said:What's the loan for ?
Why not save X amount per quarter or adjust your spending so you can save more ?
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Anamox said:
Best advice ever... cancel your Spotify and Netflix subscription and save £40k in a few months.Thenonameleague said:What's the loan for ?
Why not save X amount per quarter or adjust your spending so you can save more ?Nice strawman, replying to something that is nothing at all like what you quoted.Saving and reducing spending rather than trying to get a massive unsecured loan (which won't be given) is good advice. Commission is not reliable, no sensible lender is going to do a loan on the basis of an income that could be £0 if there is a downturn0
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