Bad Credit Loan £1,500

Skylark74

dgtazzman wrote: »

Not going to get involved with the loan, as I think others have made it quite clear it's unlikely, but I do agree with the one poster that I'm rather put back that your bf is more worried about his 'no-claims' than your well-being. If my wife would have an accident, I wouldn't give a toss about the car, as long as she's ok. I'd prefer to have to walk everywhere and use buses till I could make arrangements for the car than see her hurt...

I think you've misunderstood... of course he WAS concerned I was alright when it happened, but that's irrelevant in the quest for getting the car fixed. I think Paul's idea is the solution rather than a loan.

fishforsale

19lottie82 wrote: »

NO! It aint going to happen! I don't mean to be harsh, but that's what everyones been trying to tell you since the start of the thread!
The companies that "might" lend you money, are never reasonsable. You would be an ABSOLUTE idiot to even consider borrowing from then.

Tell your boyfriend you're sorry but you can't afford it. If he loves you he wouldn't ask you to even think about taking out debt like this.
Why don't you ask him to get a 0% credit card (if he has a good credit rating) to use for the repairs, then you can pay him back £400 a month? Or get him to bite the bullet and claim on his insurance. I know he doesn't want to, but needs must and that....

i feel really sorry for your husband

emotional blackmail would make me lose all respect for a person...

19lottie82

fishforsale wrote: »

i feel really sorry for your husband

emotional blackmail would make me lose all respect for a person...

I'd feel sorrier for your partner, if you expected them to take out a loan at 247% apr just because you didn't want to lose your NCD!

And can you quote where I mentioned she should emotionally blackmail him, expactly? It's just the way it should be in a good relationship, there shouldn't be a need to ask.

fishforsale

19lottie82 wrote: »

I'd feel sorrier for your partner, if you expected them to take out a loan at 247% apr just because you didn't want to lose your NCD!

And can you quote where I mentioned she should emotionally blackmail him, expactly? It's just the way it should be in a good relationship, there shouldn't be a need to ask.

Well i would personally expect my partner to tell me to handle my own financial affairs, and the fact that i would be too ashamed of asking, because if i broke into a wall with my girlfriends car, and then have the cheek to ask her to take a loan out to repay it, shed either be the best girlfriend in the world if she accepted or she must be mentally deficient.

And what would the boyfriend do if she decides to break up with him after he takes the loan out in his name?

redpete

dgtazzman wrote: »

... I'm rather put back that your bf is more worried about his 'no-claims' than your well-being. If my wife would have an accident, I wouldn't give a toss about the car, as long as she's ok. I'd prefer to have to walk everywhere and use buses till I could make arrangements for the car than see her hurt...

But she's not hurt, the wall she hit is not hurt, the car is hurt.

If this was my wife I would initially be glad that she was unhurt then fairly soon after I would be upset that she had damaged the car (especially if it's bad enough to cost £1500 to put right).

somethingcorporate

What have you been doing with the spare £400 you have had every month?

RuthnJasper

Skylark,

I am sorry for you but, given that your credit is already bad - and that posts from you from a while ago referred to just over £73k-worth of debt and CCJs, I really REALLY think that a loan to fix this issue is not a good option.

Your b/f will be much better advised to face facts and claim on the insurance; that's why it's there in the first place, after all.

Please don't torment yourself with further debt at extortionate rates.

Adamo88

Hi Skylark.

I agree with RuthnJasper, it would definately be better for you, both for your pocket and sanity if you go through his insurance.

However if you do decide that you still need a loan Pounds to Pocket may offer enough and Quick Quid are a potential option.

DCFC79

Adamo88 wrote: »

Hi Skylark.

I agree with RuthnJasper, it would definately be better for you, both for your pocket and sanity if you go through his insurance.

However if you do decide that you still need a loan $$$$$$$$$$$$ may offer enough and xxxxxxxxxxx are a potential option.

These 2 are not options at all.

Duplicate thread here
https://forums.moneysavingexpert.com/discussion/4613933

poppasmurf_bewdley

Skylark74 wrote: »

Has anyone any reasonable experiences with the companies that lend to people with a ccj's and offer high APRs?

Yes, I have - in the past. Unfortunately, that seems to be where you are living at the moment. There was a company called Welcome Finance who did what you want, but unfortunately they aren't in the lending business any more. Guess why? The people they lent to didn't pay them back. Nowadays, with money being so tight, the lenders can pick and choose who they lend to. And they won't pick you because of your bad credit rating.

I'm afraid you will have to look at other ways to get the car fixed.