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Personal Loan

Hi, 

I have recently been declined for a personal loan from nationwide. I appealed it and still got rejected. The reason apparently being that I missed a couple of direct debit payments for a savings account I have set up. Other than that my credit score is good, not in any debt , above average salary 

I’m looking to borrow 7,500 for a new car 

are there any other providers I can try that are more likely to accept? 

Comments

  • Caz3121
    Caz3121 Posts: 15,685 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    is using your savings and topping them back up each month an option? The interest on a loan is likely to be higher than the interest on your savings so it would save you money overall
  • Mr.Generous
    Mr.Generous Posts: 3,688 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Try Halifax, I've not had any credit for some years and they approved £19k for a car in a moment, a minute later it was in my account. Actually scarry how quick you can get into debt. I still owe £3k now, and the car is playing up :)
    Mr Generous - Landlord for more than 10 years. Generous? - Possibly but sarcastic more likely.
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