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  • FIRST POST
    • MentalMinnie
    • By MentalMinnie 8th Apr 18, 10:34 PM
    • 768Posts
    • 481Thanks
    MentalMinnie
    Pre-Approved for a Zopa Loan?
    • #1
    • 8th Apr 18, 10:34 PM
    Pre-Approved for a Zopa Loan? 8th Apr 18 at 10:34 PM
    I did a search on Money Supermarket for a loan to purchase a car and the results state “100% chance of approval - the lender has accepted you for this loan, at this rate as long as you pass their routine ID and fraud checks” has anyone else had this? The lender is Zopa. The dealership is offer I gotta 9.9% compared to Zopa’s 2.9%.

    Just don’t want to apply then get refused. Money supermarket didn’t take any details of income or expenditure so I don’t know what to think?
Page 1
    • DCFC79
    • By DCFC79 8th Apr 18, 10:44 PM
    • 31,601 Posts
    • 19,942 Thanks
    DCFC79
    • #2
    • 8th Apr 18, 10:44 PM
    • #2
    • 8th Apr 18, 10:44 PM
    I did a search on Money Supermarket for a loan to purchase a car and the results state !!!8220;100% chance of approval - the lender has accepted you for this loan, at this rate as long as you pass their routine ID and fraud checks!!!8221; has anyone else had this? The lender is Zopa. The dealership is offer I gotta 9.9% compared to Zopa!!!8217;s 2.9%.

    Just don!!!8217;t want to apply then get refused. Money supermarket didn!!!8217;t take any details of income or expenditure so I don!!!8217;t know what to think?
    Originally posted by MentalMinnie
    So you went as far as money supermarket ?

    Without any salary details how can Zopa say your pre approved ?

    Make an application and see what eate your offered ?

    The rate offered could depend on the amount your asking, your salary.
    Can people stop loaning money/being a guarator to family/friends, it rarely ends well and you lose out as your money is gone or you get shafted with being a guarantor.
    • MentalMinnie
    • By MentalMinnie 8th Apr 18, 10:59 PM
    • 768 Posts
    • 481 Thanks
    MentalMinnie
    • #3
    • 8th Apr 18, 10:59 PM
    • #3
    • 8th Apr 18, 10:59 PM
    Sorry, I don!!!8217;t follow when you say !!!8216;went as far as money supermarket!!!8217;?

    Just been back on the website and looked again, I have a user profile so I!!!8217;ve got all my personal details updated and it does actually ask about my income.
    Last edited by MentalMinnie; 08-04-2018 at 11:04 PM.
    • DCFC79
    • By DCFC79 8th Apr 18, 11:06 PM
    • 31,601 Posts
    • 19,942 Thanks
    DCFC79
    • #4
    • 8th Apr 18, 11:06 PM
    • #4
    • 8th Apr 18, 11:06 PM
    Sorry, I don!!!8217;t follow when you !!!8216;went as far as money supermarket!!!8217;?

    Just been back on the website and looked again, I have a user profile so I!!!8217;ve got all my personal details updated and it does actually ask about my income.
    Originally posted by MentalMinnie
    So you did a search on money supermarket yes ?
    Did you click to go through to the zopa site ?

    If you didnt then you only went as far as moneysupermarket.

    Anyway go to zopa and apply and see what rate you get offered.
    Last edited by DCFC79; 08-04-2018 at 11:19 PM.
    Can people stop loaning money/being a guarator to family/friends, it rarely ends well and you lose out as your money is gone or you get shafted with being a guarantor.
    • MentalMinnie
    • By MentalMinnie 8th Apr 18, 11:22 PM
    • 768 Posts
    • 481 Thanks
    MentalMinnie
    • #5
    • 8th Apr 18, 11:22 PM
    • #5
    • 8th Apr 18, 11:22 PM
    So you did a search on money supermarket yes ?
    Did you click to go through to the zopa site ?

    If you didnt then you only went as far as moneysupermarket.

    Anyway go to zopa and apply and see what rate you get offered.
    Originally posted by DCFC79
    Ah, sorry. I mis-read and mos-understood what you’d written. Blame my 6 week old baby for that!
    • iolanthe07
    • By iolanthe07 9th Apr 18, 10:05 AM
    • 5,011 Posts
    • 4,706 Thanks
    iolanthe07
    • #6
    • 9th Apr 18, 10:05 AM
    • #6
    • 9th Apr 18, 10:05 AM
    Be aware that the dealership offer of 9.9% may well be flat rate. Car dealerships are prone to this sneaky trick. Make sure that what they are offering you is 9.9% APR.
    I used to think that good grammar is important, but now I know that good wine is importanter.
    • DCFC79
    • By DCFC79 9th Apr 18, 7:13 PM
    • 31,601 Posts
    • 19,942 Thanks
    DCFC79
    • #7
    • 9th Apr 18, 7:13 PM
    • #7
    • 9th Apr 18, 7:13 PM
    Ah, sorry. I mis-read and mos-understood what you’d written. Blame my 6 week old baby for that!
    Originally posted by MentalMinnie
    Apologies MM I could have explained it better.
    Can people stop loaning money/being a guarator to family/friends, it rarely ends well and you lose out as your money is gone or you get shafted with being a guarantor.
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