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Unsecured Personal Loan

KayJ066
KayJ066 Posts: 345 Forumite
I need to borrow about 6k for debt consolidation, i have a loan with welcome finance for 2k and am paying back 163.36 p/m with 66%apr.

My credit rating isnt that good,

Can anybody help?

Comments

  • KayJ066 wrote:
    Can anybody help?
    No, but there are plenty who may on the Debt Free forum. I would suggest going there and changing the route cause instead of consolidating and building up more debt...
  • KayJ066
    KayJ066 Posts: 345 Forumite
    well i need a way out and this is the only option
  • tommy_a
    tommy_a Posts: 16 Forumite
    Apply for another loan with one of the big loan lenders
    (n. rock,halifax,lloydstsb) See who gives you the best rate, apply for loan and pay off the current loan. I cannot beieve the apr you are paying at the moment. At present if you loaned £6000 over 3 years - monthly payment would be approx. £182.50 with out loan protection. https://www.supermarket.com - look here for loans and comparison.
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