help me take control

punkbarbie

wondered if anyone knows of any loan companies that are willing to help me consolidate all my debts into one and a little extra to further my career my credit is not that wonderful i work full time and been searching the internet for help but getting know where got ripped off a couple of years back by a loan broker and would like a little advise thankyou

Tixy

Hi and welcome

Consolidation loans are generally not very easy to get hold of at the moment. Certainly don't use any loan broker to try applying for a loan.

When you say your credit is not wonderful what sort of thing are you talking? odd late/missed payments? lots of late payments? defaults? CCJs? Do you know what is on your credit files, have you looked at them at all?

How much do you currently owe on your debts and how much of a consoldiation loan were you hoping to take out? How does that compare to how much you earn?

punkbarbie

ive got 1 ccj 1 default on a halifax credit card and an overdraft default with barclays i checked my credit file before when i was going to apply for a mortgage current debt level is at £8000 looking to take £10000 over 5 years my income is £1100 a month just wants a fresh start and 1 payment rather than loads

Emmzi

what do you want to do to further your career? there may be cheaper/ free alternatives.

Apples2

Going an extra £2,000 in debt is not a fresh start at all, it is further into debt.

With a credit file like that, it is extremely unlikely any respectable lender would take you on, and crertainly for nowhere near £10k.

It takes a bit of work to dig your way out, the DFW Board is full of good ideas. These quick and simple Consolidation loans leaving just one simple convenient monthly payment are fortunately a thing of the past (with good reason).