HELP! Loan needed for bed credit rating.

sarah271177

Hi

Can anyone recommend a company that does Loans for people with bad credit, I have been refused one with Natwest (although they did offer me one 8 months ago for more money - go figure) and dont want to keep applying for loans as it will show on my credit scoring. My credit isnt that bad, i dont have any CCJs or anything like that, just loads of missed payments and bounced chqs etc.

I dont trust a lot of these comapnies who do loans so wanted to get a recommendation rather than taking the first thing that google comes up with.

Sick of just paying off interest every month on my CCs and it not going down.

Sarah

iolanthe07

"Loads of missed payments and bounced cheques" probably has already screwed your credit rating. Lenders will charge high interest even if they do take you on. Why not visit the debt free wannabees' board, post a Statement of your Affairs and see if the experts there can help you sort yourself out without having to borrow any more money. They're a friendly bunch and will give you lots of good advice.

skintas_2

i have applied for a loan thru these people they are loan brokers, i had to send off a fee off £39.99......... one of my friends warned mr even thou i paid the money and got paperwork to say i ahve been pre approved i may not recieve my loan is this correct.. someone phoned me today from another loan company also warning me off this,,,, im not saying this company will do this , i just asking has anyone else had any dealings with this company,..................

thanx

Tom_Saunders

how do you get a BED credit rating ? I could do with this on a saturday night !

Hi I'm Tom and I have an excellent Bed credit rating.......bingo, job done.

skintas_2

sarah i have bad credit rating give me 5 days if i get my money from walker and hammond , wait if i recommend them to you...............

Mr._Bish

A big loan broker like debtbusters would probably be a good place to look. If you tout your business around too much there will be lots of searches on your credit record which in itself will put some of the cheaper lenders off.

By applying to a company like debtbusters you get searched once and they pass the details onto many lenders to see who comes up with the best rate.

Hope that helps.
PS: I don't work for debtbusters

lynzpower

ive heard lots of people on here talking about scams for arrangement fees. The thing is that many are admin fees not artrangement, so they can get away with doing the admin, but turning you down.

Personally, secured loans are not a great idea at all, and Id rather do anything that have one.

OP come over to the DFW board- maybe we can help you out of this hole