Littlewoods Unsecured Home Finance from HBOS

PROLIANT

Hello, I applied for a loan online at littlewoods home shopping, the company that provides the loan is Home Shopping Personal Finance and is underwritten by the Bank of Scotland, I was ecstatic when I got approved because I can't get much in the way of credit, I completed the online application and it was referred to the underwriters, the advisor said it was an auto decline but he went through to the underwriters and came back asked me some questions, on hold came back asked more questions then he came back after about 5 mins and said ok I am just checking my screen and then their was a pause.....and I am expecting sorry sir but, you know the rest but instead he said I am pleased to tell you we have accepted your application and how would you like your cheque delivered? By courier yes please next day, over the moon, now I can pay my girlfriends debts off and we can have a bit more money to our selves, and the interest rate isn’t too bad @ 22.9%, so a £2000 loan will only cost me about £390 and I had the option to delay the first instalment too.
:T

nunnygirl

It's good to hear those great words...... I'm pleased to tell you!

Well done :T

queen_of_leon

hi proliant...i don't want to rain on your parade but is the £390 figure your estimation? you need to ask the loan provider exactly what your 'total charge for credit' will be.

i may be wrong (and i hope i am) but i thought that with a rate of 22.5%, (which i think is charged on a daily basis) you would end up paying more like £1,180 back in interest. ( i found out the hard way!!)

and anyhoo...what r u doing going to a lender when there's so many credit unions over your side of the water? : )

PROLIANT

queen_of_leon wrote: »

hi proliant...i don't want to rain on your parade but is the £390 figure your estimation? you need to ask the loan provider exactly what your 'total charge for credit' will be.

i may be wrong (and i hope i am) but i thought that with a rate of 22.5%, (which i think is charged on a daily basis) you would end up paying more like £1,180 back in interest. ( i found out the hard way!!)

and anyhoo...what r u doing going to a lender when there's so many credit unions over your side of the water? : )

Yes the £390 is the total charge for credit.

queen_of_leon

well in that case...that's amazing!

well done you : )

Tori_Bellatrix

You still causing underwriters to work harder Proliant ... I thought you were on a credit sabbatical .... Anyway, Well Done on getting the loan ... :beer:

Gillianh2

:beer: Well Done:beer:

You still having trouble stepping away from the "APPLY" button:rotfl: :rotfl:

AMILLIONDOLLARS

If you had the cheque courier over to you the cost of this would be added to the loan and you will be paying interest on this too:eek: , you should have asked them to post it or transfer the money directly into your account.

AMD