Under HSMP visa less than 1 year -personal loan

[merci]

Hi guys,

We came here under HSMP visa with my husband less than 1 year ago.

Now we wish to use a personal loan. But there is a precondition
like 3 years residency. Have you ever overcome this problem, if yes how.

Regards,
Merci

[GoodFun]

Hi guys,

We came here under HSMP visa with my husband less than 1 year ago.

Now we wish to use a personal loan. But there is a precondition
like 3 years residency. Have you ever overcome this problem, if yes how.

Regards,
Merci

Banks have now started being tough with immigrants by imposing conditions like 3 years residency etc. I would suggest you try your main bank (one where your salary is paid) or shop around. Banks are not really looking to lend money in the current economic climate but you might be able to find a willing banker.

[merci]

when i did a wide research today , I fund a few bank who says UK resident. What does it mean 'resident' in the banking jargon

Is it same with being UK Citizen or ILR or living in UK is mean resident of UK

[GoodFun]

when i did a wide research today , I fund a few bank who says UK resident. What does it mean 'resident' in the banking jargon

Is it same with being UK Citizen or ILR or living in UK is mean resident of UK

Usually it just means that your main home is UK and you are resident here for tax purposes. I would again suggest to go to your main bank as they are most familiar with your finances and therefore more likely to approve your loan.

[merci]

thank you goodfun for your response

i am afraid of saying something wrong which will going to effect it negatively if there is any hope for personal loan.
I do not know what to say, my home owner suggested me to fill electroll registration form and send them even i am not qualified. (i checked the form it is written it may result with 6 months jail)
But otherwise they will reject me i am really twisted.

[GoodFun]

thank you goodfun for your response

i am afraid of saying something wrong which will going to effect it negatively if there is any hope for personal loan.
I do not know what to say, my home owner suggested me to fill electroll registration form and send them even i am not qualified. (i checked the form it is written it may result with 6 months jail)
But otherwise they will reject me i am really twisted.

As for electoral roll it depends on your nationality as even commonwealth citizens have the right to vote in the UK hence can legitimately register.

Do not attempt to misrepresent any information when applying for the loan as you will be blacklisted and will make it even more difficult to get credit in the UK.