help please

pat24

I have been turned down for a top up loan with nationwide , i already have a loan with them which i am paying off and have had loans in the past with them and other banks which have always been payed on time and in full , apparently i just miss out on the credit score ! , the only thing i can think it can be is a finance agreement that i made a couple of late payments on but that has also be paid in full , is there anyway i could get them to reconsider the decision because i have had no problems paying my current loan with them , my wages go in there every month and i even have a savings account with them so it seems a bit unfair , i tryed tesco loans aswell and was turned down , any advice or ideas would be much appreciated , thanks people

CLAPTON

why ever do you get so many loans and waste your income paying interest to banks

save then spend, then you pay no interest and then you can buy what you want when you want.

pat24

errmmm . i only have one loan at the moment which i need to top up , not everyone can wait long enough to save for something , when you have a family , house , bills etc too pay for , any advice from anyone that can help would be appreciated thanks

PNPSUKNET

How many other debts do you have etc..

pat24

just the one loan with nationwide , i have a contract mobile which is always paid on time thats all

CLAPTON

pat24 wrote: »

errmmm . i only have one loan at the moment which i need to top up , not everyone can wait long enough to save for something , when you have a family , house , bills etc too pay for , any advice from anyone that can help would be appreciated thanks

I would have thought that with a family, house, bills etc you can't aford to pay 120 for things that cost the rest of us only 100

Apples2

Loans should only be used for single one-off high value purchases.

If you are using a loan to support your way of life, you need to start facing up to your situation and have a look at where your money is going.

You will only get very short term gains from taking a loan to pay bills, after that, you are in a much worse position

pat24

it is for a one off high value item , that i need , don`t worry i am not using borrowing just to support my lifestyle otherwise i would have credit cards as well , i don`t have them out if principle or store cards , i just would like some advice on my original post not a row about whos the best saver , if you haven`t got any helpful advice please don`t start getting on my case

CLAPTON

how much do you owe already
how much do you earn

pat24

owe £4500 and earn approx £24,000 take home

CLAPTON

I would check you credit rcords to make sure there's nothing bad there.

How long ago where the late payments made?

How much are you wanting to borrrow?

How much are your mortgage monthly payments