We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Long term loan for new people in the UK, is there any?

Hi,

I'm looking to borrow around 2000-3000£ over a set amount a time, probably within 12 months, is there any company out there that offers it for people who have moved to the UK recently and therefore don't really have any credit history. At the moment, I have a "score" of 485, and I paid the stuff I have one time, but building credit takes time..

I've tried to apply for Aqua card too, but all these companies demands that you have lived in the UK for the past 3 years. And the only loans I can have is payday loans, which of course it stupidly expensive. (please don't debate what I need the loan, that is not the case here)

Comments

  • DCFC79
    DCFC79 Posts: 40,649 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Your score of 485 is pointless, if you have paid a monthly subscription for it I'd cancel that now. As far as I know there are no avenues you can go down to get the money you need when you haven'tbeen here for the required time eg 3 years.

    Save up.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.5K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.2K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.