Sainsburys declined me for a loan!

masterlumps

captain_69uk wrote: »

Ok thanks for all the replies.
I am thinking of applying for £5000 from my bank. Do you think it is even worth trying?
Thanks! :-)

in a word..............NO

what would be the point? you were looking to consolidate and that wouldnt even pay off one, let alone both

RobertoMoir

captain_69uk wrote: »

Ok thanks for all the replies.
I am thinking of applying for £5000 from my bank. Do you think it is even worth trying?
Thanks! :-)

What is the problem you are trying to solve here? I normally point out at this point that consolidation is a bad idea because it assumes that the answer to "I can't afford my debt" is "I know what this debt needs in order to make it go away... more of the same... that'll do it"... but a £5k loan won't even do that for you. It's just more debt.

Alex_Richards

there are plenty of lenders out there don't worry just because Sainsburys haven't given you one- they're primarily a supermarket

masterlumps

Alex_Richards wrote: »

there are plenty of lenders out there don't worry just because Sainsburys haven't given you one- they're primarily a supermarket

please go and take a wee look into sainsburys bank before posting such tosh

woody01

£15K loan, coupled with the credit you already have, is a very low salary for that amount of debt.

You would need to be earning upwards of £40K just to be considered.

Alex_Richards

Masterlump, I was merely stating that there are so many choices out there. However, I admit, it wasn't the best way of putting it!

Red_Rabbit

Alex_Richards wrote: »

Masterlump, I was merely stating that there are so many choices out there. However, I admit, it wasn't the best way of putting it!

I agree why go to the grocery store to get money? I usually get mine from a bank and get shopping from a grocery store.

Sainsuburys is not a bank anyway, they use halifax. :rotfl:

I thought your post was ok, and I understood what you meant. :T

masterlumps

Red_Rabbit wrote: »

I agree why go to the grocery store to get money? I usually get mine from a bank and get shopping from a grocery store.

Sainsuburys is not a bank anyway, they use halifax. :rotfl:

I thought your post was ok, and I understood what you meant. :T

but sainsburys bank is not a grocery store, try HBOS come Lloyds

sqwelchy

sorry to hyjack this thread, my bf is trying to get a loan for a new car as his is just about to die, but he cant get any credit, he has 2 CCJ's as he is going through a divorce and they are not for big debts. is there any other place than his bank that would help?

somethingcorporate

sqwelchy wrote: »

sorry to hyjack this thread, my bf is trying to get a loan for a new car as his is just about to die, but he cant get any credit, he has 2 CCJ's as he is going through a divorce and they are not for big debts. is there any other place than his bank that would help?

CCJs = no loan with a mainstream lender. Leaving you payday loans or loan sharks, neither option is worth considering.

Save up, you can get a decent car for £1-2k in the meantime.