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Short term loan

Cashflow12
Cashflow12 Posts: 2 Newbie
in Loans
Hi all,

I need to borrow £500 for a short term loan. I am currently in full time employment but get paid weekly. The trouble I have is that I have smashed my credit rating to pieces but I can prove that I have an income. Any recommendations

Thanks in advance

Comments

  • CHR15
    CHR15 Posts: 5,193 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Ask your bank for an overdraft.
  • Cashflow12
    Cashflow12 Posts: 2 Newbie
    CHR15 wrote: »
    Ask your bank for an overdraft.


    Tried the bank. Wont give to me as I have only been banking with them for 3months
  • ExNicotineQueen
    ExNicotineQueen Posts: 345 Forumite
    Friends and family? Temporary loan from your employer?

    Failing that your only other option is payday loans but you unless you are 100% positive you will have the funds in place to repay by the due date, you could be on a very slippery slope to debt and is probably not wise to have to resort to this type of lending in the first place.
  • Ninjawombat
    Ninjawombat Posts: 66 Forumite
    Do not touch a Payday loan with a barge pole.

    If you find that you can't get a loan because you've smashed your credit rating, maybe you should consider not getting one at all?

    Is the thing that you need it for reeeeeally worth it?
  • donnap83
    donnap83 Posts: 540 Forumite
    Ninjawombat wrote: »
    Do not touch a Payday loan with a barge pole.

    If you find that you can't get a loan because you've smashed your credit rating, maybe you should consider not getting one at all?

    Is the thing that you need it for reeeeeally worth it?

    ^^What the Wombat said.
    :oGetting married 23rd June 2012!!:o
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