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Loans for Credit Card Debt Consolidation
Hi,
I currently have around £10,000 outstanding on credit cards at present so i have applied for a loan to consolidate the debt. I have done this for three reasons - It will provide light at the end of the tunnel, the interest will be lower and it is easier to manage with one payment per month.
Unfortunately my credit rating is not the best. It is not terrible but it is not great so i have been declined 2 loans for £10,000 (paying over a 4 year period). I am now at a loss what to do now.
Does anyone have any suggestions on what i can do?
Thanks
I currently have around £10,000 outstanding on credit cards at present so i have applied for a loan to consolidate the debt. I have done this for three reasons - It will provide light at the end of the tunnel, the interest will be lower and it is easier to manage with one payment per month.
Unfortunately my credit rating is not the best. It is not terrible but it is not great so i have been declined 2 loans for £10,000 (paying over a 4 year period). I am now at a loss what to do now.
Does anyone have any suggestions on what i can do?
Thanks
0
Comments
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Go to the debt free wannabe board, post up an SOA, and have them help you out with the debt you have?
Not much use for getting you a loan, but useful for getting you out of debt.0
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