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Stuck Graduate....
flyin2thesun
Posts: 1 Newbie
in Loans
Hello 
I have just graduated from Uni, and of course i'm in a bit of debt. My student account's overdraft is maxxed (lloyds tsb, about £1500) and there is no visable activity in it because I use a bank account with Nationwide for day-to-day stuff. That Nationwide account is also about £400 overdrawn. Of course I'm working however I can to pay these off, but in the mean time, here's my problem...
I am applying for graduate positions every day and I now have a few interviews. What if I am offered a job I really want, in another city? I would need to borrow around £2000 to cover getting a new flat and my first months living expenses. Apparently Lloyds do Graduate Loans, but there's no guarantees they'd give me one, especially since they already refused a £500 extension to my student overdraft. If I were to bring a copy of my job offer, and a detailed, realistic budget to the meeting do you think this would improve my chances?
If I am refused a loan, what are my other options? Credit cards? I really know absolutely nothing about money borrowing, I feel lost!
Any advice would really be appreciated Thanks for reading!
I have just graduated from Uni, and of course i'm in a bit of debt. My student account's overdraft is maxxed (lloyds tsb, about £1500) and there is no visable activity in it because I use a bank account with Nationwide for day-to-day stuff. That Nationwide account is also about £400 overdrawn. Of course I'm working however I can to pay these off, but in the mean time, here's my problem...
I am applying for graduate positions every day and I now have a few interviews. What if I am offered a job I really want, in another city? I would need to borrow around £2000 to cover getting a new flat and my first months living expenses. Apparently Lloyds do Graduate Loans, but there's no guarantees they'd give me one, especially since they already refused a £500 extension to my student overdraft. If I were to bring a copy of my job offer, and a detailed, realistic budget to the meeting do you think this would improve my chances?
If I am refused a loan, what are my other options? Credit cards? I really know absolutely nothing about money borrowing, I feel lost!
Any advice would really be appreciated
Thanks for reading! 0
Comments
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Bank of Mum and Dad?0
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0% credit cards or ask your employer for some form of relocation package?0
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My advice, dont worry about it.
Get a job, then make it work. As long as your credit rating is ok you will be able to find 2k from somewhere.0 -
Your employer would be your best bet, you may be able to get a relocation package from them as stated above.
Also, why not try for a graduate loan from your bank?0
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