Egg Loan - online credit agreement

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I've recently taken out an Egg loan and once I was approved I was told I will receive a credit agreement which I should sign and send back OR I can click on a link on an email they send me and just tick a few boxes and agree to the loan that way.

Is this a new thing? Has anyone else come across this with any other lenders?

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  • CTT_2
    CTT_2 Posts: 403 Forumite
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    Yes, with LLoyds I applied for a 25k loan and everything was done on line and my signature was electronically scanned onto the agreement. Money was in my account the same day.

    From there website.
    Fastest loans online - you could get your money instantly when you use QuickSign†

    Select a loan amount of up to £25,000 and apply in a few clicks. As an Internet banking customer you'll get an instant decision. If approved, we can put your money into your account right away if you use QuickSign between 9am and 7pm.
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