Graduate Loan (Barclays)

digitalphase

I have been banking with Barclays for around 12 years now. Got an overdraft of £1500 with them which is used but up to date, all green 0's.
Got some late payment markers from about 16mths ago.
I've just finished Uni and not found a job yet. Great times.

I'm wondering whether Barclays will accept me for a graduate loan, when I've found a job?
I don't think I'd be able to apply until July time anyway, as that was the time specified on the Uni proof I gave to Barclays on transferring my normal a/c to a student one. I don't actually graduate until November, but in their eyes I'd have finished by July.

Any feedback from people in a similar position would be great

Or if not Barclays, who else is worth a try?

The loan would be to consolidate a CC debt of under a grand, clear my overdraft possibly, cover some cosmetic dentistry and enable me to buy a newer car.

[Deleted User]

I have a Barclays graduate loan.

When I applied, it was a nightmare. I needed it to pay off debts to college...without which they wouldn't let me graduate. Barclays said that I needed to have graduated before I could get the loan.

So, without the loan I couldn't graduate, but without the graduation I couldn't get the loan.

In the end their fudged it - I think now you can apply provided you are within 3 months of graduation (e.g. now for September grads).

I think you do need a guaranteed job offer though.

digitalphase

Deleted_User wrote: »

I have a Barclays graduate loan.

When I applied, it was a nightmare. I needed it to pay off debts to college...without which they wouldn't let me graduate. Barclays said that I needed to have graduated before I could get the loan.

So, without the loan I couldn't graduate, but without the graduation I couldn't get the loan.

In the end their fudged it - I think now you can apply provided you are within 3 months of graduation (e.g. now for September grads).

I think you do need a guaranteed job offer though.

Thanks, did you have any adverse on your files like late payment markers at all?

[Deleted User]

No, nothing adverse there.

daragh_84

I'm with Natwest, and just got a graduate loan.

I don't finish my course until september, and my graduation is not until december.

I do have a job contract to start in september though. I went to see my "graduate manager" and she was able to twist the system and give me a graduate loan of £2000 (even though ive still got a student account).

I have gone over my overdraft quite a lot (but not in the past 3 months) and missed a couple of credit card minimum payment.


The key thing is that you need a job offer. If you have that and go and see your branch in person then you should be able to get your loan

digitalphase

Thanks very much Daragh! Hopefully I'll get a full time job offer soon, then I can apply for the loan