Where to get a loan for £400/500 when you have very very bad credit and defaults??

immoral_angeluk

Aphrodite868 wrote: »

Hi im getting the DRO through CCCS.

I know all the info about it and how it remains on your credit file for 6years like all other debts do but then is wiped off,
you qualify for 1 if you have less than £50 disposable income per month (so basically automatic qualification if you're on benefits),
and that you pay £90 to get it done.


Do you know how long the gap between getting your final loan out, and starting the DRO has to be though please?? :huh:



Cos i know it takes roughly 8weeks from when you fill in the form to when the IS issue the DRO to write off the debt,
but so if i took out a payday loan today for example, then started the DRO tomorrow including that loan,
would that disqualify my entitlement??

And if so, how long do you have to wait from taking out a loan to when you can start the DRO??




Thanks

As ILW has already stated. It is an offence to obtain further credit when you know you are insolvent, which you do, having sought previous advice and are now going through CCCS. Also one of the conditions of being with CCCS is that you don't take on further debt.

You can't get a loan now and still do a DRO or any other form of formal insolvency, it's as simple as that.

At best you will end up with the DRO revoked, or get a Debt relief restrictions order.
At worst you could be face criminal charges if the OR investigates further.

crawli1

What planet is this guy on???

I have no need to offer advice - there is enough on this thread that the OP doesn't seem to want to listen to.

Totally gobsmacked!!

immoral_angeluk

above post reported for spam.

immoral_angeluk

crawli1 wrote: »

What planet is this guy on???

I have no need to offer advice - there is enough on this thread that the OP doesn't seem to want to listen to.

Totally gobsmacked!!

You can't help people who won't help themselves...

Rosemary7391

Aphrodite868 wrote: »

http://www.poverty.org.uk/summary/key%20facts.shtml

I live well well below the poverty line, and thats not my opinion, its a solid fact!! :mad:


The poverty line in the UK for a single adult with no kids is £115 per week AFTER housing and council tax costs have been deducted!


I have only £60 per week after ive paid my rent and council tax, so am nearly 50% below the poverty line!!


Its disgusting that the government sets benefits thresholds so low to make people who claim them live in severe poverty,
but the government has always been disgusting! :mad:

£115 a week!?! That sounds like luxury to me! My budget for next year is around £60/week, and I'm happy enough with that. I'm genuinely shocked that that is considered poverty!

OP, the ONLY way to deal with debts is to stop accumulating them and start paying them off. Sorry that isn't what you would like to hear, but the sooner you realise it the better.

_Andy_

The OP is a muppet. Wouldn't be surprised if they use the spam site above.

Metranil_Vavin

Ahem...OP is a troll. Also known as:

Unemployed and Loving it/enjoying it/proud
Angel89
Miss Sexy Bum
Bootybabe
Rothschild
Firey898

etcetc

Multiple AE's, multiple PPR's, multiple saddo

Dont bite kids!:money:

immoral_angeluk

Metranil_Vavin wrote: »

Ahem...OP is a troll. Also known as:

Unemployed and Loving it/enjoying it/proud
Angel89
Miss Sexy Bum
Bootybabe
Rothschild
Firey898

etcetc

Multiple AE's, multiple PPR's, multiple saddo

Dont bite kids!:money:

It was kind of inevitable wasn't it... lol