Large amounts - Short time period

The_Poor_Film_Maker

I need to get a loan for £20,000-
But i want to be able to pay it back in full after three months.

The catch is im 18 years old, i live in a flat and i have no assets. I realise this makes my situation pretty hard. I dont really want to go in to why i need the money but it is very important and after receiving it i know i can pay it back after three months.

Im very new to the financial world and to be quite honest i find it very confusing so any help you guy can come up with would be great!

Thanks a lot

mountainofdebt

I doubt very much you will get such a loan.

As you say, you are 18, living in (presumably) rented accomodation and have no assets. Without wishing to sound rude, would you lend you that sort of money??

Any financial institution worth their salt won't consider this sort of loan and those that would consider lending you this money, you don't want to deal with.

Catseyez

Forgive me if I'm jumping to conclusions here, but do you need the money to make a film?

If so, please wait before applying for a loan. It is very unlikely that you would be able to get such a high amount any. If you haven't already, I advise you to approach Skillset as they provide links to charities that help young film makers.

I've been involved in the film world for a few years and it's tough starting out but you can do it, just don't land yourself in loads of debt. I don't mean to sound harsh, but do you know how many films don't ever see a return on their investment?

Please, please, please get advice from Skillset and the Film Council first! If you've got the passion you can get there without the help of Barclays!