To wait or not to wait? Fair credit rating...

BugsyBrowne

johnnybzw wrote: »

Thanks Emmzi - the trouble is as soon as I mention export the business guys don't want to hear it. Rock and a hard place. Surely people with FAIR credit can get personal loans - I just need to know who's the most likely lender so we don't waste any more credit checks...anyone?

You need GOOD/EXCELLENT credit rating to be accepted for loans no such thing as FAIR credit loans.

Emmzi

johnnybzw wrote: »

Thanks Emmzi - the trouble is as soon as I mention export the business guys don't want to hear it. Rock and a hard place. Surely people with FAIR credit can get personal loans - I just need to know who's the most likely lender so we don't waste any more credit checks...anyone?

That's because they are mentally calculating the cost of pursuing debt in 2 countries, exchange rate fluctutaions etc.

As you should be?

chalkie99

johnnybzw wrote: »

we have an opportunity to make a really good investment in vehicles that will give us a great return in less than 6 months (export) and can pay back the loans.

johnnybzw wrote: »

the trouble is as soon as I mention export the business guys don't want to hear it.

why do you think that is then?

Probably because they have bad experience of "sure fire" export deals and know it's not the great bet you think it is.

Besides which, you are looking for a personal loan entirely for business purposes which will render your application fraudulent anyway.