Car loan - new employment

hlm

Registered User
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41
Hi, looking for some advice. Have just been offered a new job with substantial pay increase and car allowance. Starting in January, and want to take the opportunity to upgrade my car, so am looking to take out personal loan. I think it will be easier to get the loan on my new higher salary, but I know that usually you need payslips etc when applying for loan. Will the bank accept my new contract in lieu of payslips or am I better applying based on current earnings in current job and saying nothing about the new job. I will be permanent from day one in new job, no probationary period. I have always been upfront in my dealings with banks before, and this has sometimes caused more hassle than it's worth so I would just like easier option on this one. Any advice?
 
Most lending institutions will accept letter of reference from employer if it states 'permanent employee' salary, etc
 
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