places for people

sam222
sam222 Posts: 138 Forumite
First Post First Anniversary Combo Breaker
in Loans
hi there

could i ask if any body knows about,, places for people.co.uk ,,they say we have personal loan for people on benefit or bad credit,they say we check the loan application personally and decide not the computers,

I'm on benefits now,my wife is caring for me and looking after me, we need a small loan,we don't know who to ask,(our banks say no),

many thanks
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Comments

  • forgotmyname
    forgotmyname Posts: 32,549 Forumite
    First Anniversary Name Dropper First Post
    64.9% interest? Just a slipperly slope with a big cesspit at the bottom?

    What is the loan for?
    Censorship Reigns Supreme in Troll City...

  • sam222
    sam222 Posts: 138 Forumite
    First Post First Anniversary Combo Breaker
    many thanks for reply

    we owe some money we must pay that back
  • forgotmyname
    forgotmyname Posts: 32,549 Forumite
    First Anniversary Name Dropper First Post
    Pay them back in installments and save yourself 64.9% interest.

    The only way i would say use something like this is if you need to buy something now which is on offer and you have a 100% guaranteed funds that are due very soon. Otherwise you maybe digging a deep hole.
    Censorship Reigns Supreme in Troll City...

  • sam222
    sam222 Posts: 138 Forumite
    First Post First Anniversary Combo Breaker
    hi
    im stil happy to apply,but i wan to see how much chance we have to be accepted with regard that we are on benefit
    thanks
  • forgotmyname
    forgotmyname Posts: 32,549 Forumite
    First Anniversary Name Dropper First Post
    Just make sure you dont give them bank or card details.
    Censorship Reigns Supreme in Troll City...

  • stator
    stator Posts: 7,441 Forumite
    Name Dropper First Anniversary Combo Breaker First Post
    Do you have a relationship with P4P already? As far as I can tell they are a legitimate company and are trying to provide an alternative to loan sharks and Wonga type lenders. But I'm afraid I have no personal experience of them.
    I guess the main question is, are you sure you can pay the money back?
    Have you also thought of a credit union?
    Changing the world, one sarcastic comment at a time.
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    From their site

    "If you want to borrow money to help pay bills or other debts, we might advise against borrowing more money."
  • sam222
    sam222 Posts: 138 Forumite
    First Post First Anniversary Combo Breaker
    hi there and many thanks for replay

    can i ask what is p4p stand for?
    im not a member of any credit union ,have not got lots of info about the union rules , I'm not working now , any one knows a good union name , or, how long you have to be a member to apply for a small loan,

    many thanks in advance for any advice
  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    First Anniversary Photogenic Name Dropper First Post
    sam222 wrote: »

    can i ask what is p4p stand for?

    Places for people.
  • tomtontom
    tomtontom Posts: 7,929 Forumite
    From previous posts you were only discharged from bankruptcy last year, surely you don't want to start the spiral of debt again? Post a statement of affairs on the DFW board and get some help with budgeting.
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