£4K Loan, but i'm a student

FCFosse

I need to £4K loan to pay off my current debts.
I've worked out that I can pay back around £130 per month with my part time job and regular 'Student Loan' payments helping.

Is there a company out there that accepts students for loans or do they all have a No policy?

Many Thanks

Peter

Debt_Free_Chick

Why do you need a loan? Can't you just use the £130 to pay off your existing debt?

If you let us know what the debt is e.g. credit cards, we can make some suggestions.

If credit cards, list the cards, the total debt, the minimum repayment you have to make each month and the APR for the interest rate they're charging you.

Happy to help - but some more information needed.

Rafter

You will find it tough because of your lack of income.

Part time job should help.

You may need to ask your parents for some sort of security or you may be able to get them to get a cheap loan or 0% credit card on your behalf.

Talk to a debt councillor at your students union - they will probably know the best system.

You could try to renegotiate terms with your current lenders, but this may make it hard for you to get credit once you graduate so tread carefully.