Tesco Personal Loan - Final Checks?
HiThis is my first post and probably in the wrong place but I am struggling to get to grips with where things are and also being able to start a new post.I am a Tesco Bank Customer, I have 2 current accounts both full, taking advantage of the 3% interest and I have 2 credit cards also. I have got some very expensive times around the corner and so decided to apply for a personal loan last week, rather than eat into all my life savings. I applied for 20K over 120 months and was accepted, with a decent APR and payments I can afford. I received the agreement on Saturday and have signed it and returned it today. I was reading up and saw that it said in my agreement that once the signed agreement was returned, there would be some final checks made and if all ok the money will be released by faster payment to my nominated account. I am a little confused by what "final checks" this refers to? I assume I was credit checked at the time of the application when it came back as accepted. There was no request for anything more than signing the agreement and returning it and I was assuming that once I had done this the money would have been made available. Does this "final checks" mean that I might still be turned down after being accepted? Or am I misunderstanding something? Thanks in advance