We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Loan for unemployed
Hey!
I got a loan through 'thecarpeople' when I purchased my car from them two years ago. The interest rate seems to be really high though so I was hoping to be able to get a loan somewhere else to pay off the outstanding balance. The problem is myself and my wife are both unemployed so I cannot find a bank loan I would be accepted for.
Does anyone have any suggestions?
I got a loan through 'thecarpeople' when I purchased my car from them two years ago. The interest rate seems to be really high though so I was hoping to be able to get a loan somewhere else to pay off the outstanding balance. The problem is myself and my wife are both unemployed so I cannot find a bank loan I would be accepted for.
Does anyone have any suggestions?
0
Comments
-
I'd imagine its very unlikely you'd find anywhere - but to help anyone possibly come up wit suggestions - how much do you want to borrow? whats the current APR you are paying but want to improve upon.A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0
-
Sell the car and get another one when you are working again.0
-
No-one will give you a loan if you have no income with which to pay it back.Thinking critically since 1996....0
-
it is no brainerI owe £3233 @ 0%0
-
OP I have a suggestion but it may not be 1 you were looking for but ill post it anyway, for get teh idea of the loan as you have no income to pay it back.0
-
Payments could be made by that well known benefactor....
Mr Benny Fitz0 -
Sell the car, full stop.
Pay off what you get for it.
Buy another one when you get jobs.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
I'm sure wonga will lend u a couple of hundred quid.
Only 4000% intrest tho...0 -
Yep your only option is to flog the banger, use whatever you get for it to keep paying the laon and pray you get a job before it runs out."We want the finest wines available to humanity, we want them here, and we want them now!"0
-
Unemployedloans.com ltd is a company designed to help people with no income by giving them low interest loans which they can pay back in the future when they have the money.
Is that what you wanted to hear?:rotfl:
sorry to be the thread meanie! good luck with your journey to better financial health... as others suggested you will either have to borrow from someone who trusts you or sell the car to pay it off.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.8K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.6K Spending & Discounts
- 247.6K Work, Benefits & Business
- 604.5K Mortgages, Homes & Bills
- 178.6K Life & Family
- 262.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards