Sorry, however can’t fool around with a business otherwise family savings to blow straight back a personal bank loan

Sorry, however can’t fool around with a business otherwise family savings to blow straight back a personal bank loan

You can do this on line. You will need the sort password and membership quantity of your current mortgage, which you yourself can pick throughout your internet banking or Virgin Money application, or by the calling our service group towards the 0800 121 7365.

Should your number we should acquire are ?seven,500 or more, much less than fifty% from it is for personal debt payment with our company, you’re in a position to extend the fresh fees several months over half a dozen or eight many years.

For people who skip a repayment we may use-money in other membership you have got around, which includes Clydesdale and you can Yorkshire Bank, to pay the fresh new skipped commission.

Before applying

To apply for financing you really need to have a good Virgin Currency most recent membership or perhaps an effective Clydesdale Financial, Yorkshire Bank otherwise B consumer. If you don’t have any of those situations but need to apply, you will need to unlock a Virgin Currency newest account first.

Before applying for a loan regarding the cellular banking application there will be the choice to evaluate your qualification without influence on your credit score.

For individuals who apply between 8am and you will 10pm, Monday to Tuesday, otherwise anywhere between 8am and 9pm on Vacations, we shall make an effort to leave you a primary online decision. Whenever we can’t do that unconditionally, or if you over your application in the a different go out, we are going to show the end result contained in this two working days.

Sorry, zero. not, we are on 0800 707 6471, or +44 141 951 7320 if you are overseas, to support your application.

  • All of your current contact regarding prior three-years (for instance the postcodes).
  • Title of one’s company, the brand new big date your started doing work around, as well as the complete number you earn paid (in advance of tax).
  • Your own mobile number, so you can register for internet sites and you can mobile banking.
  • Factual statements about the month-to-month expenses, as well as your home loan or lease, people present consumer loan costs, handmade cards and you may/or hire purchase preparations (constantly for your vehicle).

Positively. We are able to give those in large print, braille or musical forms – only call 0800 707 6471 to get more info.

Completing Your application

No problem. Providing you over your application contained in this twenty-eight times of undertaking it, you can click otherwise faucet the fresh new ‘Cut and you will Exit’ key normally as you need to. To locate returning to they once you for example, head to our very own money page and click or faucet to your ‘Finish your own application’.

We can not tend to be every jobs term into our very own record; it could be long! Should your specific business isn’t really listed, find the one that fits they most useful. If you’re not sure exactly what that’s, give the cluster a call on the 0800 707 6471 and they’ll help you find it.

For individuals who own twenty five% or maybe more off a business, and get completed for over a couple of years, we feel people once the notice-functioning. We’ll you desire evidence of your revenue, for example we’re going to want to see:

  • 36 months off full levels (audited or low-audited) – no draft duplicates, please!
  • 2 years away from complete membership (audited otherwise low-audited), together with an estimated third season out of your accountant.

We’re sorry, however, if you’ve been worry about-used for below two years you simply can’t submit an application for a good Personal bank loan, unless your existing career resembles their previous that.

Yes, you can. An apprenticeship matters just like the a fixed-term bargain into reason for applying for a consumer loan, so that’s what you will want to let us know in your app. Before you start, think of how you would cover costs if your apprenticeship was to get rid of before the latest repayment arrives.

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