help required for an URGENT LOAN!

donna2172

Hi

does anyone know any private individual cash lenders or where i can obtain a loan from urgently ,i need a small loan for £500.my credit isnt good so payday loans are not an option for me and i do not know anyone to act as a guarantor.
any ideas i would be most grateful.

angel2010_2

Provident but very high interest rates.

lynzpower

Donna

If you cant use payday loans then your credit record must be shot to bits?

Can i ask what you need it for- there may be another way to get the cash instead of a loan?

donna2172

need it for my rent as soon as possible ,this is a one off ,i am normally very good at paying my rent on time .
as for payday loans thats why im late with my rent as i had to pay them off,

Apples2

donna2172 wrote: »

this is a one off ,,

How are you going to pay next Months rent??

Are parents an option??

alibongo54

Contact any other creditors you have and ask them to consider a reduction/suspension for one month.
Dont go down the route of getting a loan out to pay off a debt - even though its rent.
Speak to your landlord and ask for a few more days, he cant kick you out for that.

cubanate

Try a local Credit Union - they usually are able to help if you actually speak to them before applying. Some allow 'instant' loans however £500 may be a bit steep - usually £300 is more appropriate. Some also link to Equifax, so you could actually repair your rating if you pay back on time.

A Credit Union can charge a maximum 27% APR by law - The Provident will charge you about 190%!!!

katsu

You could contact the Job Centre Plus (or go on their website/the direct.gov one) to see if you can get a crisis loan?

michael1983l

katsu wrote: »

You could contact the Job Centre Plus (or go on their website/the direct.gov one) to see if you can get a crisis loan?

I'm pretty certain crisis loans only cover food, gas and electric but I could be wrong.

donna2172

thank you everone for your suggestions,i appreciate it

[Deleted User]

katsu wrote: »

You could contact the Job Centre Plus (or go on their website/the direct.gov one) to see if you can get a crisis loan?

not if the OP`s working they cant