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£3000 loan - Bad credit rating

busted_2
busted_2 Posts: 13 Forumite
Combo Breaker First Anniversary
I have a poor credit rating but I am gradually clearing the creditors. Unfortunately, due to the distance to my place of work I need to buy a moped for transport. I can't afford to pay cash and a loan is my only option.
I am a home owner but don't want to take out a secured loan.

Am I going to be able to get a loan and if so who from?

Thank you.
Nobody ever said "I wished I had worked harder" on their deathbed.

Comments

  • cifpower
    cifpower Posts: 6,502 Forumite
    The only company I can think of is Welcome Finance. Should be in the phone bank. They have branches across the UK. But the APRs are about 40 - 50%
  • Thought of the good old tredder, not only will it only cost £200 - £300, but you will get fit as well.

    Falcon Cycles, (Claude Butler Trekker) are ideal for those little trips.

    PS, on Friday night they're great for nipping to the local and back as well, the only fuel they need is a good old fashioned pint of bitter!
  • busted_2
    busted_2 Posts: 13 Forumite
    Combo Breaker First Anniversary
    Thank you, I have tried the cycle option but 30 miles a day when your working is not fun. I need a cheap loan and a moped.
    Nobody ever said "I wished I had worked harder" on their deathbed.
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