Help need to take out an almost instant loan!

MrGingers

Right i need a loan of £5000, i'm willing to pay it back over 5 years but i need it more or less today or tomorrow, if i went to my bank do i need to give them a reason for the loan. First time i have ever done this.

dealer_wins

IF you have a steady job (preferably for a year or 2) paying over £10000, and run a good account without excessive borrowing, and have a stable address history you have a reasonable chance of being accepted by your bank.

And normally the loan will go straight into your account.

Of course you have to tell them the reason/purpose of the loan!!

Apples2

So all that little lot pretty much excludes the Ginger one completely then.

C'mon gingers, why didn't you think telling us you were unemployed a few months ago and only have a basic bank account, which you have gone overdrawn on are points worth mentioning?

Post up your full details if you want sensible advice

pheonixrising21

Apples2 wrote: »

So all that little lot pretty much excludes the Ginger one completely then.

I'm not making any assumptions either way, but who is to say that OP's employment and bank account situations have not changed since last September? What if they have had a job since then and have upgraded their bank account to a normal current account?

Granted, only being employed for a maximum of 6 months might be pushing it in terms of getting a loan, but it is possible. OP's own bank is obviously the best bet as they can see any salary going in.

Also, I'm not sure going overdrawn once for 25p (if I read the OP's previous posts correctly?) will have too much of an impact. If it was rectified quickly then it may not even have been recorded to the CRA's and the bank themselves may not mind too much. Depends on how strictly they enforce their own rules on that.

Just pointing out other possibilities rather than making assumptions based on 2 posts from 6 months ago

poppasmurf_bewdley

Need a loan, or want a loan? There's a big difference.

What's the rush? Have you seen a car that will be gone in the next couple of days?

Or will you be saying this time next week "Thank God I didn't take out that loan?"

Apples2

pheonixrising21 wrote: »

Just pointing out other possibilities rather than making assumptions based on 2 posts from 6 months ago

Crikey Phoenix, that's not like you to make a post discrediting previous posts!!!:rotfl:

OneLife_OneShot

I am with Ulster Bank and unless you earn a good amount and have a decent credit history you won't have a chance at least not if you are unemployed.

dalesrider

MrGingers wrote: »

if i went to my bank do i need to give them a reason for the loan..

Do you really think that they will lend you 5K without wanting to know whats it for....
Up to you if you tell the truth though.

pheonixrising21

Apples2 wrote: »

Crikey Phoenix, that's not like you to make a post discrediting previous posts!!!:rotfl:

Not discrediting you at all, you may well be right, but there is no current evidence either way. Just pointing out that you may be wrong as you are making assumptions based on out of date information. From looking at the Premier League table in mid-Sept I could assume that Spurs and Liverpool would be in for a relegation battle this season (they were 16th and 17th respectively at the time). I would have been wrong. Just sayin'...

I don't set out to discredit other posters, just to offer alternatives which I think are just as valid. And you posting comments like that is not going to make me stop posting my thoughts. However, I am more than willing to change my opinion when I hear well reasoned, fact (not assumption)-based arguments.

Your last sentence in that post is perfectly valid where you ask for more info...:rotfl:

BugsyBrowne

pheonixrising21 wrote: »

Not discrediting you at all, you may well be right, but there is no current evidence either way. Just pointing out that you may be wrong as you are making assumptions based on out of date information. From looking at the Premier League table in mid-Sept I could assume that Spurs and Liverpool would be in for a relegation battle this season (they were 16th and 17th respectively at the time). I would have been wrong. Just sayin'...

I don't set out to discredit other posters, just to offer alternatives which I think are just as valid. And you posting comments like that is not going to make me stop posting my thoughts. However, I am more than willing to change my opinion when I hear well reasoned, fact (not assumption)-based arguments.

Your last sentence in that post is perfectly valid where you ask for more info...:rotfl:

Surely you can fish out posters who start posts with 'I need a loan of 5k are not normally associated with those with decent credit files.

I judge everyone and don't give a sh*t as I'm normally correct with my assumptions too.

lovinituk

BugsyBrowne wrote: »

I judge everyone and don't give a sh*t as I'm normally correct with my assumptions too.

Love it! I'll have to adopt that as my motto