📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Loan Needed - Help Please

Options
Hi All,

I posted a few months ago. I was in trouble with my mortgage, and having bad credit was finding it impossible to get a loan. I've struggled through and managed to find £4000. Trouble is, that was only half the amount. I am in desperate need of an urgent loan in the short term to repay the outstanding amount as my mortgage company are not willing to wait anymore. The court order for reposession has already gone through.

I have been approved for a loan but it will take a few weeks to come though and I don't have that long. Short of going to a loan shark, I don't know what else to do. I have very small children and am on my own so am totally and utterly desperate!

Thanks

Comments

  • AmyH wrote: »
    Hi All,

    I posted a few months ago. I was in trouble with my mortgage, and having bad credit was finding it impossible to get a loan. I've struggled through and managed to find £4000. Trouble is, that was only half the amount. I am in desperate need of an urgent loan in the short term to repay the outstanding amount as my mortgage company are not willing to wait anymore. The court order for reposession has already gone through.

    I have been approved for a loan but it will take a few weeks to come though and I don't have that long. Short of going to a loan shark, I don't know what else to do. I have very small children and am on my own so am totally and utterly desperate!

    Thanks

    Wasn't it your friend whom you owed the £8k to and not the mortgage company? Be very careful, sounds like you're building a financial house of cards at the moment.
  • Speak to the Citizens Advice Beureau in the first instance would be my advice...
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.