Loan/CC

Stri

Hi,

I've been in my job for a year and half and I've a decent amount of expendable income but my credit rating is poor due to being out of work previously and missing payments on a loan.

I need 1000-1500 as I'd like to buy a new PC and although (if I were disciplined I could put that together in about 3-4 months) I'm not.

I've had a quick read about the loan/cc articles on this site

Could you recommend a company which would take a risk on status without an absurd apr?

Thanks for reading.

immoral_angeluk

Stri wrote: »

Hi,

I've been in my job for a year and half and I've a decent amount of expendable income but my credit rating is poor due to being out of work previously and missing payments on a loan.

I need 1000-1500 as I'd like to buy a new PC and although (if I were disciplined I could put that together in about 3-4 months) I'm not.

I've had a quick read about the loan/cc articles on this site

Could you recommend a company which would take a risk on status without an absurd apr?

Thanks for reading.

They don't exist. You'd be much better off saving if you are able, why pay extra interest just for the sake of 3-4 months?

Tammer

Hi,

Please don't take my comments the wrong way. I'd ask you to consider these points (don't be offended, they're just suggestions/questions):

• If you've been out of work and haven't got much of a safety net, is it a good idea to buy one of the most expensive PCs available today? You could buy a £250 laptop and it would be good enough for most things. If you want to play games, you could buy an xbox and a laptop for under £500.

• The above poster makes a good point. Why not save up for the purchase instead? This is one of the lessons we've all had to (re)learn following the credit crunch.

Tammer

Stri

immoral_angeluk wrote: »

They don't exist. You'd be much better off saving if you are able, why pay extra interest just for the sake of 3-4 months?

Just impatience really. I'd really like it now. I can't find a lender so I may have to wait. I've done really well at getting rid of debts so it'd be a shame to get them again but still, I'd sure love that PC now and I can afford the debt easily.

Anyone else have any ideas

Thanks for the reply.

fozmcfc

Your only hope is really your bank, if they can see you are now behaving yourself financially, they may, although it is still unlikely.

But if you are still behind and/or haven't settled the loan you missed payments on, then you have no chance basically.

Stri

I'll focus on paying off my current loan. Perhaps then they'll offer a loan at at reasonable rate. thanks for reading.