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help needed

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andrewf123
andrewf123 Posts: 4 Newbie
in Debt-free wannabe
Hi, need toborrow £ 3000 to pay back for my previous loans, the bank won´t lend me thanks to my bad credit and lots of private lenders are just scams. Was searching online and found this website loan-market co uk. What do you think about it? Shall I give it a try or rather not? Thank you very much for your help, appreciated! Also,please, if you know about any trustworthy company you can recommend I will bemore than grateful.

Comments

  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    Why not just pay the loans back from income? If you say you can't, you won't be able to pay back a new loan either. You cannot eliminate debt with more debt.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • freshstart11
    freshstart11 Posts: 416 Forumite
    Do not use that company!!! Why not post a Statement of affairs and we can see if we can help you with cutting back to help you pay things back? :)
    Official DFD: Dec 29
    Challenge DFD: July 23
    Debts Cleared: 1/13
    Building EF: £20/£600 3%
  • andrewf123
    andrewf123 Posts: 4 Newbie
    freshstart11 wrote: »
    Do not use that company!!! Why not post a Statement of affairs and we can see if we can help you with cutting back to help you pay things back? :)


    why?is that just another scam?
  • andrewf123
    andrewf123 Posts: 4 Newbie
    DVardysShadow wrote: »
    Why not just pay the loans back from income? If you say you can't, you won't be able to pay back a new loan either. You cannot eliminate debt with more debt.


    :-( the payment date will be soon due and I dont have enough money for the repayment
  • freshstart11
    freshstart11 Posts: 416 Forumite
    andrewf123 wrote: »
    why?is that just another scam?


    you do not want a loan broker - all they will do is advise you on a guarenntor loan prob after taking £50 off you! Do not touch them


    Fill in http://www.makesenseofcards.com/soacalc.html

    we can try help you x
    Official DFD: Dec 29
    Challenge DFD: July 23
    Debts Cleared: 1/13
    Building EF: £20/£600 3%
  • freshstart11
    freshstart11 Posts: 416 Forumite
    andrewf123 wrote: »
    :-( the payment date will be soon due and I dont have enough money for the repayment

    This is exactly why I said do the SOA this will just keep spiralling if you keep taking loans out
    Official DFD: Dec 29
    Challenge DFD: July 23
    Debts Cleared: 1/13
    Building EF: £20/£600 3%
  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    andrewf123 wrote: »
    :-( the payment date will be soon due and I dont have enough money for the repayment
    You don't need £3000 to make the repayment. So you don't need a £3000 loan. Whatever problem you have, a £3000 loan will make it loads worse.

    Why can you not make your payment this month?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
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