• How long will it take to get my loan?

    If you apply online, we try to give an instant decision to confirm if you are accepted, whether we need further information (see below), or if you're declined.

    If you’ve been approved, we will either send you a credit agreement to check and sign, or where possible you can sign your credit agreement digitally. We’ll then use Faster Payments to send the money directly to your bank account. Faster Payments can take up to 48 hours and the money can be withdrawn as soon as the funds reach your account.

    If you apply over the phone or we require some supporting documentation:
    • If you are approved, we will send you a credit agreement for you to sign and return.
    • If you are approved in principle, we will send you a credit agreement to sign and return and a list of any other documentation we require.
    • If we can’t lend to you, we will let you know.

    It may take between 5 – 10 days for us to check everything is ok. As we try to do this as quickly as possible, we do not send an acknowledgment email or letter, but will inform you as soon as a decision has been made. Once your returned agreement is processed, we use Faster Payments to send the money to your account.

    If you gave us your mobile number during your application we will send a text when the funds have been sent to your account, followed by a welcome letter.

    Should you need more information or have any questions, please call us on 0345 600 6016* (Monday to Friday 8am - 8pm, Saturday and Sunday 9am - 3pm).

    Calls may be recorded. *This number may be included as part of any inclusive call minutes provided by your phone operator.
    Comments 10 Comments
    1. Thecat321 -
      Can I have an update on the progress on my loan ?
    1. ChristinaG -
      Hi @Thecat321, thanks for your message. Please send a private message to @Tesco-Bank and we can help with this.
    1. Chrismac65 -
      Just wondering how my loan application is going
    1. KellyT -
      Hi @Chrismac65, please send over a PM to @Tesco-Bank and I'll be able to check this for you :)
    1. Danclarke94 -
      Can I view my credit agreement online?
    1. JoeC -
      Hi @Danclarke94 , I'm afraid that you're not able to view your credit agreement online. Please send us a private message using the link below and we can get it sent out to you in the post.

    1. DeniseMusci -
      Hello. Can I see where my loan application is located?

      - - - Updated - - -

      I don`t think that I can tell for certain but it definitely depends on whose services you are using. I personally would recommend using more advanced applications and sites for loans because they are frequently are rather simple in usage and quite easy to understand and navigate through. I feel like resources with qualitative and convenient interface are more trustworthy as well so I don`t waste time checking the service provider for hours. As a result it saves so much time. I often rely on halvin 5000 laina and usually end up with getting the list of banks that are absolutely perfect for my needs. The main thing is not to hurry and ignore your financial safety.
    1. AmandaB -
      Hi @DeniseMusci , Please send us a private message, you can use the link below and we can check this for you here.

    1. Simonb -
      Is it possible to get an update on my loan application please
    1. ChristopherP -
      @Simonb Hey Simon. If you send a message to @Tesco-Bank, we'll check on this for you :)
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