Bad credit loans

skje12

Can anyone advise me on the best loan for people with a fair credit with defaults??

Tried so many now

replies most appreciated

OneLife_OneShot

Sorry but there aren't any.

Save up or reduce your spending and don't apply for anymore as multiple declines look bad on your credit file, looks desperate. And for the love of f**k don't get a payday loan.

You-kip

I think if these places exist they wouldn't be in buisness very long would they.

skje12

thats true, thanks for the advice both

DCFC79

skje12 wrote: »

Can anyone advise me on the best loan for people with a fair credit with defaults??

Tried so many now

replies most appreciated

Yes I cant say much more than what has already been said, plus the fact you have tried many places has now made a dent in your credit file with rejection after rejection.

Forget the applications and look at your spending.

heartbreak_star

Pop over to the Debt-Free Wannabee board, they give good advice

HBS x

27col

I don't see how you can have "fair credit with defaults". If you have defaults, then you have bad credit, period. If the "fair credit" you are referring to is a number from a credit reference agency, then ignore it. It is not something that lenders take into account when gauging your credit worthiness. It is just a number that they are selling people to make them feel good(or bad).

You-kip

27col wrote: »

I don't see how you can have "fair credit with defaults" If you have defaults then you have bad credit, period. If the "fair credit" you are referring to is a number from a credit reference agency, then ignore it. It is not something that lenders take into account when gauging your credit worthiness. It is just a number that they are selling people to make them feel good(or bad).

Agreed I think this just shows how worthless Experian's scoring module is.Giving someone a fair rating with a default.

gb12345

SoniaKamboj wrote: »

Hi. If you have a bad credit history, then it is very difficult for any bank to sanction a loan for you. The best option is to go for gold loan. If you have a 25 to 30 grams gold then you can easily apply for a gold loan. To get the best deal on this loan you can call on XXX with std code.

Worst thing about having a bad credit history is you get pathetic spammers and scammers contacting you.

Enfieldian

skje12 wrote: »

Can anyone advise me on the best loan for people with a fair credit with defaults??

Tried so many now

replies most appreciated

Loans for people with a history of not paying them back on time?

Unlikely.

dealer_wins

Bank of mum and dad, or take your valuables down to the pawnbrokers.