Abit of advice before loan application
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Hi,
I am wanting to get a loan of £5,000 for 24 month,
I have just recently changed jobs would this affected my application, I have gone from weekly to monthly pay so shall I wait until I get 3 month wages before I apply, i have no probation period with my new job as I have evidence showing this
I am wanting to get a loan of £5,000 for 24 month,
I have just recently changed jobs would this affected my application, I have gone from weekly to monthly pay so shall I wait until I get 3 month wages before I apply, i have no probation period with my new job as I have evidence showing this
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Hi,
I am wanting to get a loan of £5,000 for 24 month,
I have just recently changed jobs would this affected my application, I have gone from weekly to monthly pay so shall I wait until I get 3 month wages before I apply, i have no probation period with my new job as I have evidence showing this
Whats the purpose ?
You might find you get a better rate if you apply for £7500.0 -
Hi,
I am wanting to get a loan of £5,000 for 24 month,
I have just recently changed jobs would this affected my application, I have gone from weekly to monthly pay so shall I wait until I get 3 month wages before I apply, i have no probation period with my new job as I have evidence showing this
The only way to find out is to apply. If you're not happy with the APR on the first application then make another, but just one, elsewhere and see if it's a better rate.
Probably best if you approach your bank first, the one that used to receive your income weekly and now receives it monthly, as they know you best.
With regard to the suggestion above to go for £7,500 (to get a better APR), then only do this if you're disciplined enough to immediately repay £2,500 of it. It's 30 years or more since I had a loan, so someone with more recent experience will tell you if repaying £2,500 will reduce the monthly payments going forward or simply reduce the term (maybe you have a choice?).0 -
Hi, I worked at Equifax when it was at South Avenue. The slogan was get the facts with Equifax. I would change the answers you give.0
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