📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

loans for bad credit???...please help

Options
Desperately need a loan and have bad credit ....please ... any ideas?

Comments

  • Tixy
    Tixy Posts: 31,455 Forumite
    What do you mean by bad credit?
    What does your credit report show? do you have defaults? CCJs? missed payments?
    How much do you want to borrow and for how long?
    How much can you afford to repay?
    How much do you earn?
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    Do you absolutely need a loan? If you have bad credit a potential lender will take the view that there is a strong chance that you will not pay them back in full and on time. They will therefore charge a huge premium in the form of a usurius interest rate and you will most likely end up in even deeper pooh. Why not pop over to the debtfreewannabe board and itemise your income and expenditure so the experienced people there can help you manage without getting into more debt.
    I used to think that good grammar is important, but now I know that good wine is importanter.
  • Apples2
    Apples2 Posts: 6,442 Forumite
    Would you lend you money knowing you hadn't repaid any of the previous loans??

    Your post has nowhere near enough information for anyone to help you by a Country Mile.

    The question reeks of desperation, normally followed by throwing loads of "admin fees" at brokers, then payday loans which you don't repay so take another, then another etc etc
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.