Best place to get loan bad credit

bulccp05laer

Hi this is my first post.

I have never really borrowed any loans my entire life. Parents said do not get credit card.

I am now in a situation where I would like to borrow a little over three thousand pounds. I tried my bank and it came back failed because I did not score high enough.

Where is the best place please, with the lowest interest rate?

DCFC79

Are you on the electoral roll ?

How come you have bad credit ?

Why should lenders lend you money ?
For you to get a loan you ned to show you have history of keeping up with payments for loans, mobile phone contracts etc.

Can your parents not help ?

Can you not save up for the amount you need ?

Maybe try your credit union but you need to save with them before you can get a loan.

If you have bad credit then its no loan for you.

Maybe look whats on your credit reports (if anything) and try to solve it before you borrow more money.

Tixy

Have you had any credit agreements at all - e.g things like a contract mobile phone, a gym membership, an overdraft? If yes have you always made all payments on time?

Have you looked at copies of your credit files from any/all of the 3 credit reference agencies?

Are you on the electoral roll at your current address?

Are you earning? is the salary paid directly in to your account with the bank you applied to for a loan?

bulccp05laer

Tixy wrote: »

Have you had any credit agreements at all - e.g things like a contract mobile phone, a gym membership, an overdraft? If yes have you always made all payments on time?

Have you looked at copies of your credit files from any/all of the 3 credit reference agencies?

Are you on the electoral roll at your current address?

Are you earning? is the salary paid directly in to your account with the bank you applied to for a loan?

No how do I do that?

bulccp05laer

Tixy wrote: »

Have you had any credit agreements at all - e.g things like a contract mobile phone, a gym membership, an overdraft? If yes have you always made all payments on time?

Have you looked at copies of your credit files from any/all of the 3 credit reference agencies?

Are you on the electoral roll at your current address?

Are you earning? is the salary paid directly in to your account with the bank you applied to for a loan?

Never had any credit at all. No phone contract and still living with parents, they can t help me at all.

What is a credit union? How would I find my local one, I live in the country a long drive to nearest town?

DCFC79

bulccp05laer wrote: »

No how do I do that?

How do you do what ?

This might help

bulccp05laer

Tixy wrote: »

Have you looked at copies of your credit files from any/all of the 3 credit reference agencies?

Sorry this bit, how do I do that first?

DCFC79

bulccp05laer wrote: »

Sorry this bit, how do I do that first?

Read my previous link, explains what the credit ref are.

bulccp05laer

Thanks reading through it now.

DCFC79

bulccp05laer wrote: »

Never had any credit at all. No phone contract and still living with parents, they cant help me at all.

Maybe the reason why you were declined is due to lack of credit history.

Are you on the Electoral roll ?

sistafromanothermista

What is the 3k for? How old are you? Do you work?
The reason i'm asking (aside from being nosey) is this will possibly highlight other options which may be available.