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LOANS - Bad Credit - ADVICE PLEASE?!

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Comments

  • Herzlos
    Herzlos Posts: 16,000 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    jn1 wrote: »
    The reason I would like a loan is because at present, my outgoings on debt is circa 1500 per month. What I would like to do is clear my debt / outstanding balances and just have 'ONE' outgoing of circa £300.00

    That's going to take a hell of a long time to pay off. And with £6k/month disposable income what are you doing with the rest?
  • andyfromotley
    andyfromotley Posts: 2,038 Forumite
    Hi JN, having had a quick look at your short posting history it seems that you are pretty terrible with money. No problem with that, just look at my sig!! So i will keep this advice really simple which for someone on £90k will guarantee success and the results will be really quick.

    1. Spend MUCH less than you currently do.
    2. Pay EVERY spare penny you have off your debt
    3. Save

    Good luck
    £1000 Emergency fund No90 £1000/1000
    LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
    !
  • jn1
    jn1 Posts: 5 Forumite
    WOW... I came here for advice and got an ABSOLUTE grilling!!

    Cheers chaps!

    P.S

    Yes I do spend a lot.. trying to sort that out!
  • MNM2903
    MNM2903 Posts: 322 Forumite
    Fifth Anniversary Debt-free and Proud!
    on 90k a year wanting to lend money to pay of loans. Somethings not right. I earn £17,633 per year contacted my creditors agreed payments and find my self debt free now. Priorotise spending, pay your bills and any spare money goes on your debts.

    Not suprised you cant get a lender when previous history seems to be that you dont pay back what you lend with such a high income.

    coming on here sound like your looking for someone to give you some kind of miracle.
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