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worried and need advice on getting a loan with history of bad credit?
Hi, I am a bit confused as to whether i can get a loan or not and need some advice please.
I have just finished uni and have £5,000 credit card and overdraft debt (2 of which are in debt collectors). I pay every payment each month on time and hope to pay the whole £5,000 debt off by July next year as i want to go travelling and wish to get a loan for it at around £4000.
i am working and earning around £1000 a month. Would i get a loan if although i am debt free, i have a history of bad credit?
Thanks
Emily
I have just finished uni and have £5,000 credit card and overdraft debt (2 of which are in debt collectors). I pay every payment each month on time and hope to pay the whole £5,000 debt off by July next year as i want to go travelling and wish to get a loan for it at around £4000.
i am working and earning around £1000 a month. Would i get a loan if although i am debt free, i have a history of bad credit?
Thanks
Emily
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Comments
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Would i get a loan if although i am debt free, i have a history of bad credit?
Not one with a very good apr!
If you are clearing your debts at a rate of around £400 per month and then need £4000 to go travelling, how about saving for ten months?
It'll be cheaper in the long run...0
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