HELP!!!! (need advice please)

k102006

hi all- i was wondering if you could help me.........when i was when i was 18 i got a loan and a crdit card from the bank.i was only on £60 a week and was pushing it on repaying them-i didnt care i was 18 and had a few grand and living it up so to speak lol.however, i did fall back with payments,could afford them and now 5 years on im currently paying all my debts back to a debt collector. i am in full time work and on quite a good wage(have been for 3 years). PROBLEM ive recently applied for a loan and i got refused because of my credit score.i was wanting to buy a house but i dont think ill get a morgage.can anyone put me in the right direction? is there a bank that do exeptions i.e look into the persons history with them when lending money (loan). for the past 3 years i have been putting my wages in the bank,never been overdrawn,and i carnt believe that my mistakes in the past are effecting me now! can anyone help?

laurak_3

Hello - Try Chelsea (they accept people with CCJs) and Birmingham Midshires.

I had a default and was accepted by chelsea they just wanted a brief explanation of the reason I had it!


good luck

lynzpower

HI there!

If you do have debts that have been defaulted on, many companies will lend you, but the rate of interest is higher, to my mind, a waste of money. Have you paid off your debt then? Got long left?

I got my mortgage with the Abbey, and they minused the 8k or whatever it was then from what they would lend me in total of the mortgage. If Id have waited, they a) would have lent me more and b) i might have got a better property for less.

Good luck Lynz x

CLAPTON

check with the credit references agencies to see what they say about you (it only cost £2

are you still repaying your previous debts?

are any NOT being paid

why do you need to borrow money now ... (I asume its not for a mortgage). you need to be saving now to show you can handle future debt