NO FEE Bad Credit Loans??

nonnatus

When I found myself in a similar situation, I asked my parents to Guarantor on a loan for me but (quite rightly!) neither was willing.
In the end, my Dad took out a loan by himself at sensible interest rates and I made the repayments to him. I wouldn't have DREAMED of defaulting on that loan with all the implications for my Dads credit score etc. Loan was paid off in 12 months, everyone was relieved!
Just a thought...

kilasuit

Jeff_Bridges_hair wrote: »

Increasing and lengthening the debt burden is such a bad idea and one that can really only end up going one way for the majority who do that. Downhill.


I will,however, offer the same advice I did earlier - get down the council and sort out your problems with the roof with them. Then get down the job centre and sort out and recieve any benefits you may be entitled too. Dont be worried about the stigma of seeing the junkies and drop outs there - you need the help and they will give it to you. Even if you have to jump through hoops.

These 2 points that i've highlighted show the problem

1. Yes the majority of people (that we hear about) do mess up guarantor loans but maybe OP is in the minority that wouldnt mess it up because they have learned from this experience. Therefore although an unpopular option it is still one to consider.
2. and just to Quote my first input on this thread

kilasuit wrote: »

if OP isnt getting the relevant benefit then they need to apply for these now instead of letting pride hit their finances

Tax Credits
DLA
Carers allowance

plus possibly Housing benefit and Council Tax credit

OP maximising their income could see an increase of up £500 a month (and in some cases more) in cashflow which no doubt would free up an ability to over pay on debt to clear them instead of attaining futher credit.

I do however feel that from this post by OP

babypeg wrote: »

and no we dont get benefits.:mad:

that they are one of these people that prides struggling as not to be seen as a scrounger. The OP needs to think about whether Pride is worth that much and think about swallowing it as the benefits are there for times in need. Heck OP had most likely paid a significant amount of tax so they could just think of it as getting some of that tax back.

Another option is to see if any of the debts are Unenforceable if they are then that would relieve some pressure too.

dealer_wins

Guarantor loans are almost NEVER a good idea. (The one exception could be parents helping their offspring get a mortgage)

But for the OP's example and virtually every other unsecured loan they are EVIL to the guarantor (who is often unaware of the full implications of being a guarantor).

NEVER be a guarantor be a friend, full stop.

andy.m_2

Everyone gets 15 hours at Preschool.

LittleArch

kilasuit wrote: »

This forums has gone massively downhill especially with people like you Bugsy being opinionated where its not warrented.

I genuinely feel sorry for people like the OP having to deal with the rubbish that spurts out of yours and others mouths on here.

I think your point about the forum going downhill is clearly highlighted when Bugsy is thanked twice for saying you need an early night as you are talking sh*t

kilasuit

LittleArch wrote: »

I think your point about the forum going downhill is clearly highlighted when Bugsy is thanked twice for saying you need an early night as you are talking sh*t

just funny how its by the forum idiots that cant be wrong.

We both made clear concise and appropriate points to the OP and were shot down for making them.

Its a joke it really is.

Much better and helpful forums out there than MSE now.

With no judgemental idiots to cater around

kilasuit

andy.m wrote: »

Everyone gets 15 hours at Preschool.

yes at 3 not 2 so unhelpful for the time being.

BugsyBrowne

kilasuit wrote: »

But you all did jump down his AND OPs throats for even asking about it or suggesting it just like you do to almost every new poster going.

As a general rule 90% of posts on this forum is debilitating and humiliating to the OP's and in no way whatsoever helpful, other than trying to keep a small group of people thinking they are above the rest. To all you parasites that feed off of others misfortune do it somewhere else and in a different manner not on this forum as its rude and goes completely against forum etiquette.

NO one here is trained to advise or even supposed to advise. Simple as! Just offer suggestions as to how to help them. There is a big difference and it takes someone that is trained to advise to be able to differentiate between the two.

kilasuit wrote: »

just funny how its by the forum idiots that cant be wrong.

We both made clear concise and appropriate points to the OP and were shot down for making them.

Its a joke it really is.

Much better and helpful forums out there than MSE now.

With no judgemental idiots to cater around

That's very opinionated of you kilasuit if you don't mind can you please join another forum as most of us are kind and considerate on here and slating other posters is not what this forum is about.

kilasuit

I am allowed to be opinionated when you lot are ganging up on a user and being rude and actually quite evil in the way you are responding to the OP and the users