declined for loan - tesco, sainsburys, halifax - what can i do ?

DCFC79

dealer_wins wrote: »

The 2 solutions are:

Mum

or

Dad

Or number 3 is save up for it

chanz4

apply to the market traders fed , they offer deals

tlh858

What's going on here then:

masterwebxyz wrote: »

i`ve got a provisional driving license

masterwebxyz wrote: »

i`ve just opened a stall and i am a market trader and now i need urgently a loan of 1 thousand or 2.

If this isn't a troll thread, then please explain how someone with a provisional licence can at the same time manage to be a market trader - a profession which by it's very nature requires a very substantial amount of driving both to purchase stock and take that stock to and from the various trading locations.

Brains64

I'm sure there will be a lender out there somewhere outside the major ones that would be able to help the OP, it's not the worst credit score on earth from what they say but it's just a case of finding one really, you do have to do a lot of searching around, exhausting, I know but I'm sure there'll be one, important to read the T&C's though and it would probably be one that charges a very high interest rate but that's a price that the OP will have to be prepared to pay.

The whole reason I turned to alternative lenders myself is because I got turned down flat by my own bank over the phone, without going into details, the reason I was given sounded very arbitrary, I was asked 'what will you do with the loan?', I have reasons to believe I gave an answer which they consider to be a "red flag" reply and was told at that point that the application can go no further, prior to that everything was going well.

It wasn't even my credit score at that stage, it was simply a reply to a question which makes or breaks it at the initial stage with my bank, they all have their hidden criteria and it can be such ridiculous things that other lenders wouldn't bat an eye lid to, they all look for different things you see, this is why you have to look around tirelessly, some are fussy like that, others are more down to earth.

worried48

Brains64 wrote: »

The whole reason I turned to alternative lenders myself is because I got turned down flat by my own bank over the phone, without going into details, the reason I was given sounded very arbitrary, I was asked 'what will you do with the loan?', I have reasons to believe I gave an answer which they consider to be a "red flag" reply and was told at that point that the application can go no further, prior to that everything was going well.

Can't you tell more? That sounds most intriguing.

iolanthe07

Romania has been a member of the EU since 2007, and so you are free to work in the UK. So get a job!

This isn't correct. Although Romania is a member of the EU, the right of Romanian nationals to work in the UK was suspended until January 1st 2014. I don't think this guy should be working here at all, self employed or not. I suspect he is working illegally. He should perhaps seek genuine legalwork in his own country.