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Loan taking a while

  • 23-04-2019 2:22pm
    #1
    [Deleted User]
    Posts: 0 ✭


    Hey,

    I applied for a student loan and filled out all the guarantor documents and submitted them on Monday 15th to my local branch. It took until Thursday for them to receive the documents even though I was told should be there within 2 days as you use an internal post system which is faster than using regular mail. I was told the loan was in the final stages on Thursday & Saturday but keep getting told to call back. I rang Saturday they told me Tuesday it should be sorted. Then I rang today it will be another 24-48 hours.

    I have a deposit on a car which the garage will only hold on for for so long & I keep having to ring them to let them know it will be another 24 hours.

    Is there anyway of getting this sorted faster? If I applied as a non student this loan would have been approved or denied at least within 24/48 hours. Just seems like some paper documents hold up applying for a loan by 4 days?

    Thanks,

    Andy


Comments

  • #2
    Bank of Ireland: Lorna
    Closed Accounts Posts: 423 ✭✭Bank of Ireland: Lorna


    Hi there daspendy,

    Thanks for getting in touch.

    Loan applications are assessed on an individual basis and as such time frames may vary.

    If you'd like an update on the loan application you can contact our Lending Team on 0818200334.

    Thanks,

    Lorna


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