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Personal Loan effect on ILR

Posted: Thu Oct 17, 2013 6:04 pm
by srwalke
Hi Guys, If I need to take personal loan from UK, will it effect finds requirement for ILR application? I am applying to apply for ILR in next month and I need to get personal loan for myself.

Posted: Wed Oct 23, 2013 12:00 pm
by rbk1597
NOT in any way!

Posted: Wed Oct 23, 2013 3:23 pm
by srwalke
@rbk1597 Thanks for reply.

Posted: Wed Oct 23, 2013 4:36 pm
by wpilr_nov12
no need to mention it either, but just be prepared to answer about a large deposit of your loaned money, but most likely it won't be asked about.

Posted: Wed Oct 23, 2013 4:45 pm
by srwalke
@wpilr_nov12 Thanks very much for your reply.
It will be reflected in my bank account so I was worried.

Apart from this. if wife have used overdraft from her account and its reflected in to account. Will it affect her application as my dependent. I am including her and my daughter in my application.

Posted: Wed Oct 23, 2013 6:48 pm
by silverline
Overdraft, loans etc doesn't affect your ILR application.

Posted: Wed Oct 23, 2013 7:46 pm
by srwalke
Thanks for info.

Posted: Wed Oct 23, 2013 8:12 pm
by Amber
So long as you continue to pay the debts.