Posted on March 22, 2010.
Where can I get a loan, im young bad credit history .. please help?! (UK)? Im in £ 1,300 of debt and reeeally need help to repay.
His overdraft, credit card and my phone bill that I received in this state. As I have not done so many payments on time I have a bad credit history! (
I would ask for a loan to repay this debt and then start over again (but obviously repay the loan) that I started a full time job soon. But I have so many deadlines for payments i cannot keep physically, even with full-time wages .. as I have no money to live rent / travel / food, etc.
I was told that because im only 19 and already bad credit that not many places will give me one.
Does anyone know where I can get one? and why or why not, and I can not get a loan.
Would really appreciate the advice, Thanks
Bad Credit Loan Tips http://thecanadarealestatenews.blogspot. ...
Oh flower, you must be worried.
and if I were you, I would certainly not go to a loan that you're just throwing after bad credit even worse (I hope that made sense)
draft a letter outlining your financial commitments and your income, etc., and send a copy to all your creditors, make them an offer of a monthly payment as small as you think is acceptable. they will get back to you and say ok I hope. This will be a more lively in a position to repay this way may reach 50 pounds per month, a loan could be at least £ 100 -150 depending on the amount you borrow and interest.
also (I do not mean to sound as if I laugh at you), there are people with a much larger amount of debt, the amount of your property from you at the huge sounds mo is manageable
success
was the answer ok?!?!
If I were you I would not get another loan, believe me it will only make your situation worse. I looked on the citizens advice and found a site where you offer the public the details of all your income coming in / out and they then manage your debts by contacting your creditors and arranging for the expenses and interest must be frozen and a minimum payment is.
www.payplan.co.uk
If all else fails write banks / person and explain your situation, you can make a £ 1 token payment can not deny that you are making an effort, even if you have very little money.
Good luck.
PS: I already used payplan and they really did help me.
you do get a loan especailly today.
to stop spending and save to pay your debts, then re time theyac paid and is 3 years later, you may be eligible for loans while.
write to them and tell them that you are having payment problems and request a payment arrangement of your local CAB can help [.
Never borrow more money for old debts!
If you have bad credit and all you want to do is pay your debts, I suggest you complete the budget forms for your credit card overdrafts and ask them to freeze the account so that the additional payments will reduce the balance. Give your phone - the service provider a ring and ask them to aceept payments on a pro rata basis so that you make frequent payments off what you are behind with and look around to make sure you are getting a good agreement. It is extremely hard to get more credit and for good reason - What is the point of doing more debt when your already in trouble?
You really have yourself entered in a bad way have not you?
Firstlt, people will not give you a loan, because they think you're more likely not to repay. you are a huge risk. Especially in this economic crisis, a decent bank is unlikely to give you one.
It is safer to get a loan from a bank, for they.
