I'd thought I would warn people to consider the downsides to Tesco low rate 6.9% loan before applying.
I applied for a loan around the 25th of August. I had heard nothing from them by September 7th so I rang up to see what the hold up was. I was told they had a back log and I would get an answer within a week. I mentioned I would 'consider' cancelling the application if it took much longer than that.
I've been away on holiday for the past 10 days so I rang up today October 3rd to ask what was the deal with the loan. After a long wait I was told I was approved for the loan on September 23rd but I cancelled the application soon after, which was news to me. So in order to get the loan I will have to restart the whole process, including credit checks and sending in original documents.
I think I'll apply to BOI or AIB and pay the higher rate and get the money within a few days than deal with these clowns.
So friends, if you are in any sort of urgency for a loan avoid Tesco loans.
I applied for a loan around the 25th of August. I had heard nothing from them by September 7th so I rang up to see what the hold up was. I was told they had a back log and I would get an answer within a week. I mentioned I would 'consider' cancelling the application if it took much longer than that.
I've been away on holiday for the past 10 days so I rang up today October 3rd to ask what was the deal with the loan. After a long wait I was told I was approved for the loan on September 23rd but I cancelled the application soon after, which was news to me. So in order to get the loan I will have to restart the whole process, including credit checks and sending in original documents.
I think I'll apply to BOI or AIB and pay the higher rate and get the money within a few days than deal with these clowns.
So friends, if you are in any sort of urgency for a loan avoid Tesco loans.