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loans for discharged bankrupt?
chrissmoggy
Posts: 21 Forumite
hi guys i was discharged march 2011 im desperate to know how and where i can get hold of a loan for £2000 so i can do a crane course then gain some employment. i know this is a tall order. but i need some advice please. thanks guys.
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Comments
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Slim to none chance really.....IF you could find someone the interest would be sky high
sorry...We all die. The goal isn't to live forever, the goal is to create something that will0 -
If you are unemployed have you looked to see if there are any grants available?
In Wales, REACT (if I remember the name correctly) paid for my OH to do HGV when he was out of work. Just a thought.0 -
think react is only for wales.0
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None of the charity's listed in the bankruptcy sticky?
turn to maybe?We all die. The goal isn't to live forever, the goal is to create something that will0 -
Sorry to dissappoint but your chances of a loan are very slim indeed.
If you have managed to get your credit files cleaned up since March, you may get accepted for a Vanquis or Cap 1 credit card - but the limit for each would be around £200. The cash advance interest would also be ridiculously high!
As mentioned, look into grants etc. You could begin by asking at the Jobcentre or places that offer careers advice - as they may be able to point you in the right direction. Also worth doing Google searches as you never know what you may discover.
Sorry I could not be more help and best of luck!0 -
Hmm Vanquis currently around 49% apr for cash advances...ouch
maybe try putting alittle away yourself & look at a credit union load maybe.We all die. The goal isn't to live forever, the goal is to create something that will0 -
philnicandamy wrote: »Hmm Vanquis currently around 49% apr for cash advances...ouch
maybe try putting alittle away yourself & look at a credit union load maybe.
Yes I agree, it's an extionate rate!!
Vanquis or similar cards should always be paid off in full and only used to rebuild credit history.
I was just stating a hypothetical situation and was trying to highlight that any regular lender is not a viable option for the OP.
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Definitely contact your Job Centre advisor if you are unemployed as they may well have schemes available in your area to help you retrain.When I joined, I needed a name. The forum members gave one to me...I am INAN
"Fortunes ebb and flow and a boat must move with the tide and be thankful that it floats." Judith Allnatt0
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