loans for ex bankrupt

nikkistevens

Ok, my hubby was discharged from his bancruptcy two years ago, if he now applies for a loan is he likely to get one? Since the bankruptcy he has had a loan with Greenwood and Shopacheck, but we now urgently need more money than they will lend in one go. Does anyone know where his best bet would be?

I_luv_cats

His credit file is most likely to include details of his bankruptcy for 6 years so a lending decision may be harder to satisfy and now in harder times too.

I have in the past gone to my own bank where they had underwriters that would look at the conduct of your account. They may set a higher interest rate but not the excessive ones of the sub-prime lenders.

Brokers could be an option. Best to explore and not apply too often as searches / foot prints will appear on your file.