Enough to Make You Lose Interest in Getting a Low-Cost Personal Loan

Western MailJuly 18, 2006

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Summary


Four out of 10 people applying for a personal loan have their application rejected within 48 hours, research shows. A study of nearly 3,000 applicants carried out by North Wales financial website moneysupermarket.com found that just 25% of people had had their application accepted 48 hours later.

A further 35% of people were still waiting for a decision on their application after several days.

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Extract


Enough to Make You Lose Interest in Getting a Low-Cost Personal Loan

The research also found that among those applicants who were accep...

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