loans on statements

[myliitlehaven07]

sorry guys more querries from me

i was looking in to some of the threads and could not really find the answer for what i have in mind. My husband has a loan and still paying off and it shows on his statement, will this affect our visa and should we explain this? my husband current account does not show around 2000 and maybe even lower now as he has been on sick leave for last month and he is just getting back on his toes. (the only solution the bank wants him to do and get over his OD is to take another loan which my hubby refuses to do so as they are giving him high interest. ) with his financial situation at the moment his family would like to put in some money on his current account, WILL THIS BE IN QUESTIONED too?

how do we go about explaining our situation on his covering letter? we have documents to support why he was OD and a letter from his family sending him money on his bank and paying for the visa fee,

[KeithD]

As long as he has enough leftover each month to support you then it has no effect on the outcome. You only need prove you will not claim from Public Funds.

[Terpe]

MLH07,
Don't confuse a very simple situation.
The bank statement will show income and most outgoing expenditure.
If you are generally living within your means and can afford the cost of another adult consumer joining the household, this will be immediately obvious to the ECO.

People earning very low amounts that leave them with a discretionary income close or equal to the equivalent of means-tested benefit or have experienced recent "one-off" expenses (such as weddings/visa fee's etc) might feel the need to make a simple budget plan to signpost how they can afford another person in the house.
With regards to your income, there's really only so much you need to demonstrate, if you really feel the need to explain and show how you meet the rules then there is possibly less chance of refusal.
But just be careful that you do not include too much information or that you make the explanations/budget plans over complicated.
ECO's are under time pressure and performance targets just like we all are.

A couple (both aged 18 or over) need to show around £106 disposable income per week
Each dependent child (from birth to day before 20) requires around £62.33 additional disposable income per week
This is based on current income support levels.

In principle disposable income is the amount of money left after payment of any key fixed/regular expenditure (such as rent or mortgage payments etc)
We all have different key fixed/regular outgoings.

[joebloggs]

best be safe than sorry,
how many of his last 6 bank statements are overdrawn ? i take it he has a job ? tell me to mind me own business but how much is his repayment on his loan, is it a small amount or a lot ?

[myliitlehaven07]

best be safe than sorry,
how many of his last 6 bank statements are overdrawn ? i take it he has a job ? tell me to mind me own business but how much is his repayment on his loan, is it a small amount or a lot ?

i dont mind you asking this joe, loan is117 pounds that made him OD for this month as he has been on sick leave and just getting half of his salary now he is back on his work and still might not earn the regular salary and still not having the regular hours of work so that means LESS ON PAYSLIPS , his parents would like to put in some money on his bank so the OD will be eliminated but HOW should the embassy take this against on our application? am so worried of it but they can definetely see on my husband bank statement that he has a regular income of 850-900 pounds after tax and no OT ( he gets OT every other saturday increasing his income to 1200) onlky for this month that we we have trouble with bec of his sick leave and he can only pay now his rent and food but not the loan so we have seek his parents help at the moment till he is better off. what should we do? explain the situation on the covering letter or should he just leave that out since they can see it on his payslips and bank statements?

[joebloggs]

£117 is not that much, i wouldn't explain it unless you had to,

how many bank statements are overdrawn in the last 6 months ?

what he's probably better off doing, is getting some money off his parents each week and living off that, so for the next few months he will be saving some money and increasing his balance, but dont over do it, they are not stupid if he saves too much of his wage they will wonder what he is living off , but if he can loan £300 a month off his parents and use that to buy food, pay for petrol etc, and hopefully his balance will increase by £300 for the next few months, and once you have your visa, he can repay the money..

where are you going to live with his parents? also might be worth his parents writing a letter offering 3rd party financial support should you need recourse to public funds, this could be allowed, need to show evidence they have the funds..

[myliitlehaven07]

£117 is not that much, i wouldn't explain it unless you had to,

how many bank statements are overdrawn in the last 6 months ?

what he's probably better off doing, is getting some money off his parents each week and living off that, so for the next few months he will be saving some money and increasing his balance, but dont over do it, they are not stupid if he saves too much of his wage they will wonder what he is living off , but if he can loan £300 a month off his parents and use that to buy food, pay for petrol etc, and hopefully his balance will increase by £300 for the next few months, and once you have your visa, he can repay the money..

where are you going to live with his parents? also might be worth his parents writing a letter offering 3rd party financial support should you need recourse to public funds, this could be allowed, need to show evidence they have the funds..

thanks joe, yes, 117 is not much but this loan shows off on his bank statement, should he explain about it or not? and his salary at the moment is enough to pay his rent and yes what we are doing now is borrow off money his mom but am quite worried if we put those money on the bank the ECO might be suspicious about it. or should he just keep it on his pocket and not put in on bank to avoid explanation as to where the money did came from since his pay slip shows little amount of money say for about 400 pounds? He was overdrawn a few weeks ago, bec the LOAN payment comes out every first week of the month, he does not want to increase the OD so we are hoping we can borrow off money to his parents.

with regards to the third party support, his parents made a letter of support for us and explained too about the money they put in savings for us on his building society and will help us in case we face financial difficulties and also mentioned that they are paying the visa fee for us but problem is they do not want to give bank details for security reasons they wanted to be contacted when the embassy wants to ask for bank details.

i also have my sister letter of support. She is married to a british national as well and has a multiple entry visa to UK and goes to UK often to visit their in laws. Her husband are very much willing to support me in UK in case i do face financial problems there as well. will this suffice? do you think the eco will take this into consideration that even if my husband may have an OD on one month statement, i have a sister who can support me and i will not recourse to public funds? this is the only thing that gives me CONFIDENCE and strength to go for the visa, how can an eco still refuse me for visa if i have a sister who can visit me in UK when i need help? I HAVE their bank statements from different banks and do shows good standings.

me and my husband has been married for four years now on the 31st and everyday is a nightmare to be living apart! we have work so hard to get him over with his OD after traveling to Philippines for the past years and only this YEAR we are not able to be with each other as HE CANT TRAVEL this far anymore with his back!

what do you think joe? please help!

[joebloggs]

If there are disproportionate deposits and withdrawals in the bank statements, they should be explained in the sponsor's letter.

he should use the money he got off his parents to live off, so he is saving money in his current account, but like i said he cant show he's saving all his wages, or they will wonder what he is living off.

i wouldn't explain the loan, when are you thinking of applying for your visa?

need a minium of 3 months statements, i wouldnt send an overdrawn one, would wait until you have 3 months where he is not. was his last one overdrawn ??

When submitting original bank statements, the sort code and account number can be blackened out in order to prevent identity theft; this information can be given separately.
When submitting original salary slips, the National Insurance Number can be blackened out in order to prevent identity theft; this information can be given separately.

[myliitlehaven07]

If there are disproportionate deposits and withdrawals in the bank statements, they should be explained in the sponsor's letter.

he should use the money he got off his parents to live off, so he is saving money in his current account, but like i said he cant show he's saving all his wages, or they will wonder what he is living off.

i wouldn't explain the loan, when are you thinking of applying for your visa?

need a minium of 3 months statements, i wouldnt send an overdrawn one, would wait until you have 3 months where he is not. was his last one overdrawn ??

When submitting original bank statements, the sort code and account number can be blackened out in order to prevent identity theft; this information can be given separately.
When submitting original salary slips, the National Insurance Number can be blackened out in order to prevent identity theft; this information can be given separately.

hi joe, what if the loan repayment shows on his statement? should we not explain it? he use that loan when he traveled to Philippines to see me. should i not also include it on his budget draft? his last statement for this month is overdrawn i would like to apply for visa next month as my passport will be released next month. WE WAITED FOR AGES already and it so happen that on our plan to go for the visa he got sick and had to go OD.

am sorry if he will use the money his mum and dad will give to him, they will put it on his current account where his wages to through to. are we not going to be questioned where the money came from?...sorry joe i just dont understand now as i got so much in my head that my LIGHT BULB is hardly switch on :(