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loans for careres

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sam222
sam222 Posts: 140 Forumite
Part of the Furniture 10 Posts Name Dropper Combo Breaker
hi there

is there any chance for a carer to apply for a personal loan,(where?) ,she had to stop working to look after her husband,a year ago, would the lenders accept this if she say her job is to look after her husband (she's getting careres Allowance and she can prove that is able to make payment every month),she don't have a pay slip or employer but her bank statrment shows her care allowance+her husband benefits (need loan for renewing house),do u know any lenders,

many thanks for any good advise

Comments

  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Unlikely but there is no harm in asking.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    how much do you want to borrow?

    wouldn't it be better to save up first and then spend the money?
  • fwor
    fwor Posts: 6,862 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If she can wait for a bit, I suspect that her local Credit Union would consider a loan, provided she can save a regular amount with them first for a while.
  • sam222
    sam222 Posts: 140 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    many thanks for reply

    she looking for 5 to 10k if possible,she already managed to save abit (nearly 2k). could you give us more info about local redit union,how can she save with them or ask for a loan or ect...

    many many thanks
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Further to my earlier post - it is highly unlikely that any sane lender would offer a sum like that.
    Whilst income is stable - what happens if something happens to the patient and she has nobody to care for - how will she repay then?
  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    sam222 wrote: »
    many thanks for reply

    she looking for 5 to 10k if possible,she already managed to save abit (nearly 2k). could you give us more info about local redit union,how can she save with them or ask for a loan or ect...

    many many thanks

    Google for a credit union in your area and ask what they can do if anything.
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    Not a chance of getting finance anywhere near that amount whilst not working and earning a regular wage im afraid.
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