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June Whitelaw

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Review of the Tesco Bank, Loan:

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95% likely to get a loan and then declined!

I telephoned Tesco bank and discussed my circumstances to apply for a loan. I’m retired with a full State Pension, Work Pension, income from a let flat, and my daughter’s income. We have no mortgage, no debt and excellent credit history. Told I’d be able to borrow £25,000. Applied on-line. At the start, 95% likely to get the loan. After completing a glowing account of my finances, I was declined because I’m retired!! What an absolute waste of time. Why don’t they say that they’re ageist at the beginning? Reviewed on: 13th January 2023

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