Hi - I've read somewhere that I need to have made 8 consecutive payments before I can borrow more on my current loan. I have made 7 payments so far (and could make a third in advance of the 1st September payment date) so I could borrow more on my loan now - would that be possible? Needing to finish a few bits for the house development we are doing and can't wait to the 1st September to have the conversation if there is something I can do now! Thank you in advance
Borrowing more on top of current loan
-
Verified Answer
Verified AnswerHi @chloelouise, thanks for getting in touch. I'm afraid this wouldn't be possible as you need to have made 8 consecutive direct debit payments to be eligible for a top-up loan. You can find more information on this at Can I increase my existing Tesco Bank loan? - Tesco Bank Community. I'm sorry for any inconvenience this causes.