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Advice on taking a non-secured loan

I am looking to take aq non-scured and am extremely cautious about being stiched up by a non reputable lener. I dont have a great credit history and have done the Experian credit checker and it cameup 'weak' so i am illusion i will have to take a high interest loan.

I have come across some scams........ie: brokers promising certain rates, not getting them and even websites slagging of this site!

I dont think i will be able to go with a well known lender such as a bank but am not aware of any other lenders that lend safely to people with adverse credit history like myself.

Any advice will help as i have rejected one offer if a loan but a company called FLM loans due to what they were offering wasnt what i agreed to at the broker stage.

Thanks

Comments

  • thriftymomma
    thriftymomma Posts: 1,107 Forumite
    I would strongly suggest trying your own bank first.
    Got Halifax Classic to reduce my interest rate by 5% woohoo - 10/06/08 Thanks MSE!
    Another 3% shaved off 10/12/08
    ANOTHER 4 % June 09:beer:
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    in the current financial climate its unlikely that anyone with adverse credit record will get a loan from any responsible lender.
  • I am also considering an unsecured loan. my credit check came out as good, but my own bank turned me down. I mortgage free (joint owner) but find all my salary swallowed up repaying credit cards. not sure what to do
  • Is any lender responsible in this climate? Banks just rip you off more subtly. Dont think i will get one there either.

    There is always a way!!! I will find it!
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