Loan application

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Lahoretiger

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Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Sat Jun 20, 2020 6:02 am
Last year i took a personal loan for 20k in jan with natwest
Unsecured loan
On the application it said residential status mistakenly i clicked homeownwer actually living with parents now due to covid going through iva will this be bought up ?

Foggy

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Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Sat Jun 20, 2020 9:29 am
They might join the dots and realise when they are told of the IVA, but maybe not.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

Lahoretiger

Posts: 187
Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Sat Jun 20, 2020 9:34 am
Whats worse case scenario

Foggy

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Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Sat Jun 20, 2020 10:05 am
Sat Jun 20, 2020 9:34 amLahoretiger wrote:
Whats worse case scenario
It's anybody's guess -- total unknown really. If they realise and get upset they will have to accept that they are part of the issue because they didn't check. The loan is unsecured, so they were not relying on the answer for security, only for painting a picture of the borrower ( you).
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

Lahoretiger

Posts: 187
Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Sat Jun 20, 2020 10:14 am
Ok txs
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