Just to back up what everyone else has said. We applied for a loan with tesco a year ago. Got pre approval which took 3 weeks, sent off all documents and waited...and waited.....and waited....
Eventually rang them and they said that the bank account statements were out of date (only because it took them so long) and we needed to get more up to date ones. I said I wasn't happy and wrote a letter of complaint with the documents and waited....and waited.
So eventually All my docs arrive back in the post. I called them up and they said that they understood for my letter that I did not wish to proceed with the loan. Nowhere in the letter did I even hint at this. So we went to our own bank, BOI and had the money in a week.
Laughable!
Eventually rang them and they said that the bank account statements were out of date (only because it took them so long) and we needed to get more up to date ones. I said I wasn't happy and wrote a letter of complaint with the documents and waited....and waited.
So eventually All my docs arrive back in the post. I called them up and they said that they understood for my letter that I did not wish to proceed with the loan. Nowhere in the letter did I even hint at this. So we went to our own bank, BOI and had the money in a week.
Laughable!