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How long for loan application

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  • 27-03-2019 3:16pm
    #1
    Registered Users Posts: 3,100 ✭✭✭


    Hi team,

    I applied for a loan online on Monday morning.  Its gone through 2 stages but seems to have stalled.
    How long does it normally take?


Comments

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


    Hi there whitelightrider,

    Thanks for getting in touch with us here today.

    The timeframe varies for loan applications as applications are assessed on an individual basis.

    Please be assured that you will be contacted once a decision is reached.

    Thanks,

    Lorna


  • Registered Users Posts: 37 Innocent123


    Have the same question but this doesn't really answer it. Can you give a range, or the max number of days before I could expect to hear back?
    Hi there whitelightrider,

    Thanks for getting in touch with us here today.

    The timeframe varies for loan applications as applications are assessed on an individual basis.

    Please be assured that you will be contacted once a decision is reached.

    Thanks,

    Lorna


  • Closed Accounts Posts: 204 ✭✭Bank of Ireland: John


    Hi there whitelightrider,

    Thanks for getting in touch with us here today.

    The timeframe varies for loan applications as applications are assessed on an individual basis.

    Please be assured that you will be contacted once a decision is reached.

    Thanks,

    Lorna

    Hi Innocent123,

    Thanks for getting in touch.

    We are aware that our Lending team are working through a high volume of applications at present. Please bear with us while we work through these as effectively as we can.

    However if you would like an update on the progress of your application please call our Lending team on 0818 200 334 and an advisor will be happy to look into this for you.

    Many Thanks

    John


  • Registered Users Posts: 3,100 ✭✭✭whitelightrider


    I received an update on Friday from the team - they are now looking for bank statements and payslips.  I mean come on BOI, you have my bank statements.  Ive been with you all my life.
    As for the payslips, you see the wages going into my account.  This sings of delay tactics really.  


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