after gettin a loan with lloyds tsb can you top it up a week after?

Answer 1

If you came to the bank where I worked we would nto be able to top up your existing loan.

What we would do is process a new loan application for you for the new amount in full to also repay the existing loan.

eg - you have been approved and agreed a loan last week for £5000 you want a £1000 top up. We would arrange a redemption figure for the £5000 loan and add the £1000 top up onto this figure.

We would then proceed with an application and cre3dit score for the new loan amount.

If approved we would close the old loan using the new loan and credit the additional borrowing to your account.

If not approved your original loan is still safe.

You may also want to check your right to cancel. You usually have fourteen days in which to cancel a loan. An alternative would be to cancel the £5000.00 loan and start again with an application for the revised amount. ( assuming you have not yet spent the money).

This may differ as I do not work for Lloyds TSB but may help.

Answer 2

Lloyd Tsb Loans

Answer 3

No. They usually like you to wait either 3 or 6 months to see how you get on paying that loan off.

Answer 4

Doubt it - its a bit soon. I imagine they would want to see commitment from you in paying the first loan payments for a while first xxxxxx

Answer 5

no, make sure you have the adequate amount you need,

You can ask for them to top it up after about 6 months as long as you maintain regular payments.

Answer 6

you must be joking,they will only consider it after 6 months, then it all depends if your payments were on time,and what your salary is.

Answer 7

Use your sense - you'll be laughed out of the Bank. No, no, and no.

Answer 8

I Doubt it.