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Old 08-29-2006, 06:41 PM
billy j billy j is offline
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Join Date: Aug 2006
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Default Rejected for no PPI?


I have just been turned down for a loan with Alliance and Leicester for 15k over 5 years. I did not choose the insurance and believe this could be the reason for the refusal as they have sent me letters before telling me I could borrow this much.

Does anyone know which companies will lend this amount without insurance. I have done a quick check with equifax and my credit rating is good.

Thanks in advance
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Old 09-02-2006, 11:38 AM
brian brian is offline
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Join Date: Jun 2006
Posts: 806
Default Re: Rejected for no PPI?

I don't think the insurance would have been a big factor - more likely the borrowing amount and period of repayment. If you were looking to repay £15k over 5 years then I figure affordability on the repayments was a really big concern?
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