We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Loan Sharks

Options
I know asking anyone about loan sharks is always going to get comments but in the past I have been lucky enough to be able to borrow money (all be it at high interest rates) and it be okay. I am not working as I am off isck and don't have a good credit rating so always get turned down for loans no matter where I go to (banks, payday loans, internet companie, etc). Does anyone know someone who may be able to help me out pls?

Comments

  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Tams1283 wrote: »
    I know asking anyone about loan sharks is always going to get comments but in the past I have been lucky enough to be able to borrow money (all be it at high interest rates) and it be okay. I am not working as I am off isck and don't have a good credit rating so always get turned down for loans no matter where I go to (banks, payday loans, internet companie, etc). Does anyone know someone who may be able to help me out pls?

    The Government offer a crisis and budgeting loan scheme, which depending on what benefits you're on, could be the way to go (can you put these up). They're interest free, but there are strict eligibility criteria.

    I am going to need more information, with regard to which benefits you're claiming (if any) and what the loan is for. If it's not essential, there's very little chance of being able to get anything.

    Sorry if this appears nosy, but we're trying to help. You may be worth popping over to the DFW board and completing an SoA, and also to the Old Style board for help with recipes.

    CK
    💙💛 💔
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    How will you pay it back?
  • Apples2
    Apples2 Posts: 6,442 Forumite
    Tams1283 wrote: »
    in the past I have been lucky enough to be able to borrow money (all be it at high interest rates) and it be okay.

    I am off isck and don't have a good credit rating
    So although you borrowed in the past, it looks like you didn't actually repay any of them. That's why we have Credit Ratings, to let future lenders know you aren't going to repay them.
  • Provident? It only snowballs though.
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    If you are getting turned down by Mr Wonga and Mrs QuickQuid you have hit the point where your credit rating is so bad your not even allowed to pay with money, let alone get another loan.
  • Have you tried a local credit union? once you have been saving for a number of months they may be able to help you.
    Thinking critically since 1996....
  • BugsyBrowne
    BugsyBrowne Posts: 5,697 Forumite
    Tams1283 wrote: »
    I know asking anyone about loan sharks is always going to get comments but in the past I have been lucky enough to be able to borrow money (all be it at high interest rates) and it be okay. I am not working as I am off isck and don't have a good credit rating so always get turned down for loans no matter where I go to (banks, payday loans, internet companie, etc). Does anyone know someone who may be able to help me out pls?

    You're on the sick and have a bad credit rating..HAPPY NEW YEAR!!
  • Troll alert !!!!!!!!!!!!!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.