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Loan for someone in rented accomodation
Comments
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Getting approved for a loan depends on a lot of factors such as:
- Being on the electoral role
- How long you have lived at your current address
- How much credit you have in relation to your income
- How much of your existing credit line you are using
I'm sure there will be a myriad of other factors that creditors will consider.My posts are my own opinions based on my experiences and info gathered from sites such as this.
They are not a substitute for professional financial advice - but you knew that already didn't you?
VSP 2011 - Member #25 - Started 6th December 2010 - Total As Of 4th May 2011 (21 weeks in!) - £323.67/£500 - So far so good!0 -
Being in Rentad accomodation shouldn't make any difference as it isn't a Secured Loan (as long as you aren't hopping from house to house every 6 Months).
It's all the other criteria you have to meet.0
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