Will I get accepted?? Help Please

iolanthe07

I knew I was right all along.

jonesMUFCforever

007mk4golf wrote: »

haha u lot r sad for posting such pathetic comments. lool.

Please feel free to come back when you have grown up.

MABLE

007mk4golf wrote: »

sure mate, im the one who needs to grow up. haha

You do indeed!

bigstevex

Yawn, one for the mods to close I think, someone who doesn't really want advice,

bathgatebuyer

007mk4golf wrote: »

the only thing that i can think this can be is in respect to a credit search being made on myself by welcome finance twice within a week even though i never authorised them to do a credit check. i contacted the credit company experian and notified them of this; they then made a note against them 2 searches on my account showing the lender (nationwide) that the searches have been disputed by the individual (me).

Welcome Finance also did unauthorised searches on my credit record without my authorisation. Make sure you write to Welcome direct and they'll clear it up for you quite quickly. From memory, they'd written back to me within the week advising that they would contact the credit reference agencies to have the search record retracted.

jonesMUFCforever

If its been referred then it could be bad news and some of it will have been your own fault - too many searches in a small period of time shows you to be desperate (not withstanding your 'dispute' with Welcome about their credit searches).

asandwhen

It doesnt matter if you were accepted or not a search is a search and too many in a short period of time does damage your credit rating - I think they say try not to have more that 3 in a 6 month period -

Dont panic though after waiting about 6 months you should be ok to apply for stuff again.

BigCraigJohn

Ive had an unauthorised search from Welcome, makes you wonder how many people have had them. Need to get a letter of to them I reckon.

BigCraigJohn

007mk4golf wrote: »

oh ok. hopefuly i should be fine as all the previous searches were nothing to do with personal loans. iv been told to ring them back 2moro as they should have had a result from the underwriters.

i think im going to get rejected but how are you supposed to build up credit if no1 gives u credit in the first place?? lol

This is true but at the same time half the reason so many people are in over there heads now is that they used to give loans/credit to anyone and everyone.

jonesMUFCforever

No you will get a high rate - very high in relation to the Nationwide.
If you default then your guarantor is called to pay on your behalf.

Would I sign one of these for my kids - not a cat in hells chance!
I do not know whether they credit score the guarantor - after all they want a solvent person to call on if you don't pay.

If you go ahead with the dealers finance you will end up with someone like Welcome finance.
You think you have problems now?, just you wait.