Applying for two personal loans in quick succession

Hi there. Advice needed please. I recently applied for a personal loan from my bank. I foolishly included in my monthly salary figure a portion of income that I get from self employed income which is outside my PAYE income. They came back to me asking to evidence this for the last 3 months. As I'm not able to do this in a way which will satisfy the bank's evidence criteria, I've withdrawn this application. Now I plan to reapply with just my PAYE income which can easily be evidenced with payslips.

My question is: Will these two applications so close together for a personal loan from the same bank badly damage my credit score?

Any advice gratefully received. Thanks.

Comments

  • Hoenir
    Hoenir Posts: 6,665 Forumite
    1,000 Posts First Anniversary Name Dropper
    Application data is verified with a check at National Hunter. Recent previous applications being logged. 

    https://nhunter.co.uk/
  • Nasqueron
    Nasqueron Posts: 10,455 Forumite
    Tenth Anniversary 10,000 Posts Photogenic Name Dropper
    Don't worry about your fake credit score

    I would talk to the bank before applying and explain the situation just in case, better that than a fraud marker

    If you are self employed and earning legitimately / declaring tax / filing accounts, why were you unable to provide evidence of this?

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • Nasqueron said:
    Don't worry about your fake credit score

    I would talk to the bank before applying and explain the situation just in case, better that than a fraud marker

    If you are self employed and earning legitimately / declaring tax / filing accounts, why were you unable to provide evidence of this?
    Because I haven’t done a self assessment tax return for the most recent period, 3 months up until the day I applied for the loan. I can evidence self employed income from previous tax years, but not this most recent period. 
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