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I need advice, going to ask for my first loan
Hi, I am going to ask for a loan for the first time. It is for personal reasons and not to buy a house.
Soon I will move to a different address (I have been at current one for 3 years +). Could this affect my chances to get a loan? What would be the best thing to do?
Soon I will move to a different address (I have been at current one for 3 years +). Could this affect my chances to get a loan? What would be the best thing to do?
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Comments
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Changing your address can increase your perceived risk, but there's nothing you can do about that.
Just apply when you need the loan.1 -
Please also ensure that lender is aware of your current address.
Every now and then we see people on these forums that get a CCJ registered against them 'out of nowhere' because of an old loan they stopped paying/thought they paid off - but haven't updated their address so receive no correspondance about it.Know what you don't0
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