Help Loan for woman on benefits

cazispen

Hi need some advise for my sister, she is on income support as she is ill and can not work. She needs a loan, she has good credit rating as she always pays her bills on time so could anyone tell me where she could get a loan thanks she needs £1000 thanks

cazispen

I have researches but am unsure on reputable companies

jonesMUFCforever

Why does she need a loan?
No reputable lender will lend to her on benefits.

vaporate

Getting a loan is not a wise move. Even if she was highly paid. Avoid loans at all costs

[Deleted User]

jonesMUFCforever wrote: »

Why does she need a loan?
No reputable lender will lend to her on benefits.

thats not strictly true,i`m on income support due to illness have been for 11 years,got my most recent loan with a&l last month,the previous loan 12 months ago and 2 new cc`s in the last year.

pjread

surely someone on benefits wouldn't be in a position to service a loan?

hayley11

Could she not get a social loan, otherwise known as a budgeting loan. My brother is on income support and he got one recently when he moved.

They take the money back directly from your benefit and I believe it's interest free.

Link to direct gov page with inf on budgeting loans.

jonesMUFCforever

woodbine wrote: »

thats not strictly true,i`m on income support due to illness have been for 11 years,got my most recent loan with a&l last month,the previous loan 12 months ago and 2 new cc`s in the last year.

So when you apply for stuff what status do you put on the applications?
On benefits or retired?

hayley11

jonesMUFCforever wrote: »

So when you apply for stuff what status do you put on the applications?
On benefits or retired?

I got a catalogue, loan and credit card when I was on income support when I was 18 - 20. I can't remember what I put, there isn't usually a box for "on benefits" though so it would have either been retired or unemployed.

metalgal

pjread i know a lot of people on income support that have more disposable cash that most of the working people i know.

katsu

OP - try your local credit union. Ideally, your sister would not need a loan so encourage her to ensure she borrows as little as possible and to ensure she really does need the money now.