Lost cause?

becky0697

Hi all.

I am a 2nd year student nurse in receipt of an NHS bursary of £544.00 a month. I live with my partner who earns about £1600 per month.

We desperatly need a new car as the bottom is about to fall out of the one we have and it isn't going to pass the next MOT due in 2-3 months time. No car means my partner can't get to work for 6am and he can't visit his son 280 miles away.

All out income goes on the usual bills, rent, council tax, CSA, petrol, groceries and my partner has an IVA, which leaves very, very little disposable income once everything has gone out.

I'm 22 and have never had a loan, credit card, store card, or any other sort of credit, so I take it I don't really have a credit history. I have also checked this on experian and they confirm what I already knew.

I did go over my overdraft limit with HSBC and was unable to pay this back so it was passed on to a debt recovery agency (MCS I think they're called) and this will be payed off by 15th December 2008! Phew!

I now bank with the Co-Op but only have a cashminder account with no overdraft facility. This account has been run with no problems and has never been over drawn.

I have applied for student accounts, personal loans, car loans, credit cards, overdrafts...you name it i've tried it! However, all have been declined. I have even tried joint applications with my partner, but because of his IVA he can't have his name on it.

As a student nurse I am not entitled to anything from the local LEA or other such establishments.

Am I a lost cause or is there anything I can do? What are my options? We have tried saving but we have been rather unsuccessful.

All suggestions welcome

Becky

MYLITTLESISTERLOLA

Too many applications in a short space of time can reduce the likelihood of getting credit, the IVA will be an issue and your low income.

To be honest you admit yourself you have very little disposable income, in the current times it will be very hard to obtain credit taking into account all these factors

Could a family member lend you some money ?

Sorry I know it's not what you want to hear but asa far as I know it's the case

welf_man

You are eligible to apply to the Access to Learning Fund at your university; although your partner has quite a high income you obviously have special circumstances because of the IVA, travel to see his child and your inability to access a student overdraft. It's definitely worth a try.

Mel.

hamstercheeks_2

are you in the union?
if so make an application to the hardship fund
i did many years ago and got money from them
made xmas more bearable at the time with a baby
your union rep may be able to advise you
might not be a vast amount but every little helps