Nationwide Loan HELP!!!

jackshields

Hi there i wonder if anyone can help i recently applied for a loan with nationwide for £2000 on the net, after an hour i had one of the loan team ring me up to ask if i would like to take a little more so i did taking it to £6000 to clear all my debts which i was told all went through fine just need to send pay-slips confirming this which i did i now have been told by them 2 weeks later that it has been re-jected because of the £1200 a month i told them i earn £300 is commision taking me down to £900. I have an excellent credit rating but am now being told there is nothing they can do as it has been declined told me to try again in 3-6 months WHAT CAN I DO???? HELP

Riflez

Seems a bit wierd, I dont earn much more that you but they approved me for 20k to get out of a bit problem I had and i would be one of the first to admit my credit isnt the best...maybe because i have a current account with them too?

Alleycat

Have you asked them why you were refused? If you feel that you have an excellent credit rating, have you actually checked? It may be worthwhile (if you've not already) getting copies of your credit reports from Experian, Equifax and Callcredit just in case there is anything on there that shouldn't be.

I am hoping (once an amendment on my credit file has been sorted) to get a loan from Nationwide to pay off my extortionate overdraft. I really hope I don't get refused either as it seems like a really good deal interest rate wise.

Good luck!

Alley

jackshields

Yes they told me it was declined becase of affordabiliy because the amount i told them i earm didn't match up to my basic wage they dont take commision in to it even though im on a basic of 15k a year