Loan purpose pro's and Con's
Loan purpose pro's and Con's
Author
Discussion

matty g

Original Poster:

272 posts

228 months

Wednesday 12th September 2018
quotequote all
HI guys

I know you should be accurate when applying for loans. But we have money set aside for a car purchase but we've just heard form our builder that he is available earlier than expected so we could do with a loan or we are going to have to wait until next year to get him in (that was the original timescale)

So onto what we need it for.. Either buying a car or home improvements.

Anyone in finance know which one is more likely to help us get accepted (all things being equal)

Thanks
Matt

bugmenot

129 posts

163 months

Wednesday 12th September 2018
quotequote all
If you're talking an unsecured personal loan, then neither will make a difference to likelihood of acceptance.

Simpo Two

92,803 posts

295 months

Wednesday 12th September 2018
quotequote all
You can buy a car next year.