Catch22 - Loan and credit check

polarbear

I hope this is in the right place.

I am trying to consolidate a couple of loans etc into a single payment but I can't get approved for a new loan because of arrears on one of the existing loans. I can't pay the arrears on the old loan until I get the new loan................

I know this might seem trivial but this is the first time I have got into this situation and it's scaring the c%@p out of me and I don't know what to do.

Help me please. _pale_ :wall:

cassy

please dont think im not helping but paying credit with credit is not the way to go, im in a bad situation because of this now and ive dont the same as you, my advise is dont do it and clear the debt

---lee---

polarbear, I think you will get more advice if you post in the Debt-Free Wannabe forum.

I also agree with cassy 100%

If you repost, it would also be good if you list your income and outgoings. Plenty of people will be able to advice and help.

Cheers.