Borrowing from a different bank.

I am MAN

Hey,

Im just curious as to whether a person can borrow from a different bank. A friend of mine mentioned that I could borrow from Bank of Ireland even though i'm an Ulster Bank a/c holder.

Is this correct and if so what documentation is needed?



Mark.

Banjo013

Yes most definately it is possible.

Usually you'll just need to fill out the application form and provide them with 3 months worth of bank statements. Maybe some proof of income too such as a few payslips or a P60.

That's about it really.

I am MAN

Banjo013 wrote:

Yes most definately it is possible.

Usually you'll just need to fill out the application form and provide them with 3 months worth of bank statements. Maybe some proof of income too such as a few payslips or a P60.

That's about it really.

cool thanks

What is the best bank for loans? I hear bank of Ireland are pretty easy going about giving out loans.

boa-constrictor

Chances are that a competitor bank will be more keen to give you a loan than your own bank and introductory offers for new customers are often better than for existing.

Make sure to play them off against each other for the best rate.

I am MAN

boa-constrictor wrote:

Chances are that a competitor bank will be more keen to give you a loan than your own bank and introductory offers for new customers are often better than for existing.

Make sure to play them off against each other for the best rate.

Will do, thanks for the advice.

Mark.