bad credit loans!?

tapo39

hi, ive been turned down for car finance on a £3000 car, last week my rear wheel fell off my car(Collapsed bearings) and i need a car asap!

ive had a couple of defaults over the last 6 months bout 3-4. i had very bad credit in the past but paid off all my debt about 18months ago, so does anybody no a reliable loan company for my situation!?

ive looked all over the internet but theres a lot of scammers out there!

Im renting the house im in an im after 1000-1500 over 2-3 years!

so if anybody knows of a decent lender with low acceptance rate, it would help me loads

Hax

By "low acceptance rate" do you mean low APR?

If so, then you're out of luck - those loans are reserved for those with good credit records.

tapo39

no not that bothered about apr, i no im gonna pay thru the teeth! just someone to accept me!

thanks for your reply!!!

Parva

garycullar. Terrible grammar and a shameful first post advertising your dodgy loan services. Reported.

DD1966

Parva wrote: »

garycullar. Terrible grammar and a shameful first post advertising your dodgy loan services. Reported.

Not to mention the fact that it is geared for the american market and not UK!! :cool:

CHR15

tapo39 wrote: »

so if anybody knows of a decent lender with low acceptance rate, it would help me loads

All decent lenders have a low acceptance rate, hence the low APR.

If you have failed application for a loan secured upon a car then there is unfortunately little hope of a loan secured on nothing.

You could try Credit Unions once you have been saving for a couple of Months.

It is good to read someone is lowering their expectations following a failed application.
Not many lenders lend £1,000-1,500 for 2-3yrs though.

yorkshire-lad

Where have the 3-4 defaults come from if you have paid all your debts off?

Having 4 defaults in the space of 6months shows lenders you do not look after your finances very well.

The first place to try would have been your bank,but getting turned down by a car finance company shows that you will not get approved anywhere you go.

As mentioned,look into credit unions,other than that,save up!

Good luck.
YL

tapo39

hi, the defaults have been accumulating because of my bank charges with lloyds tsb, poor money management and ignorance on my behalf, since last jan year they have taken roughly £900 in charges, bout 70-125 each month. It wasnt till october that i realised that these charges where costing me so much, and its been a knock on effect, bank charges going out every month leaving me overdrawn then more charges so on and so on!

but we live and learn, harsh lesson like.

it looks as if ive been approved by everydayloans, ive read reviews and there very mixed but with a new bank account i wont miss any payments and get it paid back as quick as possible.

thanks for your help

CHR15

tapo39 wrote: »

it looks as if ive been approved by everydayloans, ive read reviews and there very mixed but with a new bank account i wont miss any payments and get it paid back as quick as possible.

Don't do anything you wil regret later..

From Reviewcentre

They would lend me one thousand pounds but at an interest rate of 89% ! I went on exsperian thismorning and have a credit score of 755 (999 being the highest) so my rating is good and have no CCJ's. I got a Tescos credit card last month with 2.5k on it so.. Anyway my advise is if anyone tries to offer you this sort of rate and you except then you only have yourself to blame! SHARKS!!

KingElvis

I would avoid Everyday Loans like a dose of clap.

tapo39

yer just got accepted, 1500 over 13months 2 months at £75 11 months at £162! total £1932!

wouldnt be to bad but cant afford £162 a month