Loans For Bad Credit Please Help!

BugsyBrowne

cheekylu wrote: »

There must be a loan somewhere I can get? I am so desperate, just rung another 10+ flats up and they all want £695 deposit plus a months rent in advance so nearing to £1200. Please if anyone can think of anything I'd be so grateful. Thanks

Lenders don't lend to people who don't pay back what they borrowed in the first place hence the reason getting a poor credit history.

If you type in loans for bad credit into google you will get stitched up and you're bank account will become lighter within the hour.

If you walk into a mainstream bank you'll be walking out again with the same amount of money in your account as when you walked in.

The quicker you realise No one will lend you the money then the quicker you can get over it.

cheekylu

Thanks, well I guess I'm going to be homeless then. Im not the type to not pay money back, my hours at work got cut greatly which then lend to me not being able to meet the minimum payments on my debts which then made me have a poor credit rating, it just annoys me that the stupid council won't even help. I really don't know what I am going to do.

cod3

Hi Cheekylu. There was a similar thread recently and someone gave the following advice. I don't know anything about it. Just cutting and pasting...

Tupperware_Queen wrote: »

In some areas the local council housing support - sometimes called housing options, can help with security deposits for private tenancy if it will prevent homelessness. Get in touch with your local council and find out.

Edited to add link http://www.nwleics.gov.uk/pages/rent_deposit_guarantee_scheme

cheekylu

Hiya yeah we've already been to the council for a deposit and they won't help us as we aren't classed as in "priority need" for non priority need the max they can help with is £200 and then we don't have the other £1000 thats the problem.

cod3

Perhaps you should give Shelter a ring. Good luck.

happycamel_2

If you're that desperate try contacting Shelter, they offer support and advice to those facing homelessness. Other than that, renting a room in shared housing would be much cheaper than a whole flat, either as a couple or individually while you save up for your own place.

If you're income is unstable you are really going to struggle to pay back a loan and interest and keep up with your rent etc, it's a a very easy trap to fall into and very difficult to climb out of.

Can either of you get additional work via a second job. Do you have any skills you can offer (handyman, painting, cleaning, supermarket night fill etc).

Bravehearted_2

Even if you did get a loan - how do you plan to pay next months rent and the loan payment back?

What you need is to look at getting more hours or another job, which gives you enough. Same with your partner.

cheekylu

Well I have more hours at work now so does my partner so that is how I plan on paying a loan and rent back. We are in the process of looking for another job also.