Please help, where is the best place I can borrow money for about £1500

macchiato_2

Hi all,
I am new here so please be polite to me. I am an international student.
I am now short of money and I need to pay for a lot of bills + house rental
at the beginning of next month (next 2 weeks). Right now I dont have enough money to pay for all bills. Is there any place that I can borrow some money (for about £1000-£1500....actually £1000 is enough). I mean the place that I can borrow their money and get money within 1 week so that I will have enough money to pay for all bills next 2 week.
I never borrow or get any loan here so I have no idea about it. Could you please help. Thank you so much.

oh, and can I borrow some money from the Bank? I want the place that is not too fussy about it. I can pay them back after 3 month. (also the lowest interest or least fee to pay please)

macchiato_2

I just had a look on NATWEST website. I have got current account with them. There will be loan and overdraft as well. I think overdraft should be ok since I dont need a lot of money however loan is interesting too
Please anyone could explain overdraft to me or should I take loan. Thank you.

currynchips

Overdraft - money instantly available to you however there is interest charged whilst you are using it, not a high rate usually. If you go over the overdraft limit though you are likely to be charged for it.
Loan - again easily available, subject to contracts and suitability, interest rate likely to be 7%+, over a longer period of time that you can choose - within limits.

For your situation it looks like overdraft will be preferable.