Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • dk5294
    • By dk5294 12th May 17, 3:23 PM
    • 169Posts
    • 21Thanks
    dk5294
    Bank of Scotland loan review
    • #1
    • 12th May 17, 3:23 PM
    Bank of Scotland loan review 12th May 17 at 3:23 PM
    Just applied for a bank of Scotland loan.
    car on pop at 254, 2 credit cards active with no outstanding balance and a mortgage payment of 210 a month. I have around 700 disposable income a month.

    I bank with bank of Scotland however not all my income is paid into that account. Loan repayments were stated at 300 pcm so still affordable. Went through everything and said it was sent for review and I'd know by 6.55pm (strange time I know). Does anyone know why this would be? I'm used to immediate decisions for things these days.
Page 1
    • zx81
    • By zx81 12th May 17, 3:36 PM
    • 16,832 Posts
    • 17,838 Thanks
    zx81
    • #2
    • 12th May 17, 3:36 PM
    • #2
    • 12th May 17, 3:36 PM
    It's a referral. It happens from time to time.
    • dk5294
    • By dk5294 12th May 17, 3:40 PM
    • 169 Posts
    • 21 Thanks
    dk5294
    • #3
    • 12th May 17, 3:40 PM
    • #3
    • 12th May 17, 3:40 PM
    Do you know any reason why it would be referred? I always get nervous with these things. Checked all 3 CRAs before applying and everything as it should be and fit their eligibility.
    • zx81
    • By zx81 12th May 17, 3:51 PM
    • 16,832 Posts
    • 17,838 Thanks
    zx81
    • #4
    • 12th May 17, 3:51 PM
    • #4
    • 12th May 17, 3:51 PM
    Could be anything. ID check, employer check, pulled for internal audit. Could be a backlog caused by a system issue.

    Nothing you can do about it, so just wait and see.
    • TheDebtinator
    • By TheDebtinator 18th May 17, 3:51 PM
    • 234 Posts
    • 63 Thanks
    TheDebtinator
    • #5
    • 18th May 17, 3:51 PM
    • #5
    • 18th May 17, 3:51 PM
    What was the outcome of the review at 6:55pm?
    • Shakin Steve
    • By Shakin Steve 18th May 17, 4:43 PM
    • 1,429 Posts
    • 1,152 Thanks
    Shakin Steve
    • #6
    • 18th May 17, 4:43 PM
    • #6
    • 18th May 17, 4:43 PM
    What was the outcome of the review at 6:55pm?
    Originally posted by TheDebtinator
    Come on, now. Someone actually finishing what they started?

    We should make an unwritten rule. We will not respond to posters who have previously left us in suspenders.
    I came into this world with nothing and I've got most of it left.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

107Posts Today

1,642Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line? https://t.co/kwjvtd75YU

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin