We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
RBS loan setup
Financeadviceneeded
Posts: 8 Forumite
in Loans
Hi, I applied for an RBS loan on Saturday night. Was told only that I’d been accepted and would receive funds in 2 working days.
Today (Tuesday) I receive a text asking me to provide proof of income, wageslips etc, which I wasn’t expecting on the basis that I’d clearly been accepted, however I have now provided the required info.
My question is - does anybody know:
A) how likely it is I will be accepted providing RBS can validate my wages
how long they usually take to process this documentation? I know their stance is 3-5 working days, but can it usually be quicker or take longer?
Thanks
Today (Tuesday) I receive a text asking me to provide proof of income, wageslips etc, which I wasn’t expecting on the basis that I’d clearly been accepted, however I have now provided the required info.
My question is - does anybody know:
A) how likely it is I will be accepted providing RBS can validate my wages
Thanks
0
Comments
-
1) very likely
2) yes0 -
Thanks for your response. 24 hours after I submitted my wageslips I received another email telling me my income could not be verified and to send in my bank statements ... which I did and was given 2 different timeframes - within 1 working day, or 3-5 working by days. That was Wednesday afternoon and I haven’t heard anything since so I suspect it’s a decline.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards