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Help with loan :)

Johnl86
Johnl86 Posts: 20 Forumite
Hi guys I'm new here but do read a lot and many posts have helped so far but now I'm looking for a loan to pull me out of a hole and make my outgoings more manageable, but as I'm rubbish at the min my credit rating is shocking just wondered if anyone knew of any good companies who accePt poor credit rating s? Would be looking for about 5k over 4-5 years thanks for any replies :money:
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Comments

  • There aren't any.

    Look to make savings elswhere or adapt your lifestyle. Try the DFW board for more help.
  • KingElvis
    KingElvis Posts: 4,100 Forumite
    I cannot think of any lender good or bad who could help you.

    5k with an appaling record of paying back what you owe is cloud cookoo land.
    "We want the finest wines available to humanity, we want them here, and we want them now!"
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    some details of your financial situation might help
  • Johnl86
    Johnl86 Posts: 20 Forumite
    What details would you need ?
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    what your credit files show

    your income

    details of your existing debts


    would be a good start
  • Sorry to tell you, but companies that used to do what you want - like Welcome Finance and Yes Car Credit - are no longer doing business. Why? Because the people with bad credit they did business with didn't pay their loans back. And surprisingly, other companies have not come forward to lose money.
    "There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock
  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Johnl86 wrote: »
    Hi guys I'm new here but do read a lot and many posts have helped so far but now I'm looking for a loan to pull me out of a hole and make my outgoings more manageable, but as I'm rubbish at the min my credit rating is shocking just wondered if anyone knew of any good companies who accePt poor credit rating s? Would be looking for about 5k over 4-5 years thanks for any replies :money:

    Your monthly income should cover all outgoings inc mortgage/loan repyaments, if it doesn't cover these then you need to cut your spending.
  • Johnl86
    Johnl86 Posts: 20 Forumite
    I really need a cosolasation loan to pull me together n we are home owners and seen a company on this site called The loan engine who offer loans if ur ltv is better than 90% and ours is anyone used that kind of loan before ?
  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    They're just another broker, looking for a cut of your spare cash.
  • Johnl86
    Johnl86 Posts: 20 Forumite
    They're just another broker, looking for a cut of your spare cash.

    This site recommends them to be used though ?
This discussion has been closed.
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