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need problem solving!
Options
joepublic_2
Posts: 37 Forumite
in Loans
I am self employed and my accounts show little earnings. [about £6000]
I also have two part time jobs and am part of a partnership which earns a little money. I am looking to set up another small buisiness letting property abroad and need £10000 which would cover the purchase and any building, plumbing etc. I have £2000 in abank as back up and have been researching this investment for nearly two years. The problem is, i cant get a loan as i am self employed. I have contacted my bank and they say there is not enough money turning over. Oh, im not a home owner either, forgot about that.
My credit history shows now missed payments on anything and the only negative would be too little history.
I will get this loan somehow but would like to avoid paying 99.9% if possible.
Some of the options that have been mentioned involves getting a "second" set off accounts but dont really want to do that. Can any one tell me which companies are the best to apply to for unsecured self cert loans. I realise that im going to be paying a higher rate than most people but dont want to get a load of credit searches to my name. PLease help!!!!!!!!!!!!!!!!!!!!!!!
I also have two part time jobs and am part of a partnership which earns a little money. I am looking to set up another small buisiness letting property abroad and need £10000 which would cover the purchase and any building, plumbing etc. I have £2000 in abank as back up and have been researching this investment for nearly two years. The problem is, i cant get a loan as i am self employed. I have contacted my bank and they say there is not enough money turning over. Oh, im not a home owner either, forgot about that.
My credit history shows now missed payments on anything and the only negative would be too little history.
I will get this loan somehow but would like to avoid paying 99.9% if possible.
Some of the options that have been mentioned involves getting a "second" set off accounts but dont really want to do that. Can any one tell me which companies are the best to apply to for unsecured self cert loans. I realise that im going to be paying a higher rate than most people but dont want to get a load of credit searches to my name. PLease help!!!!!!!!!!!!!!!!!!!!!!!
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Comments
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no one have any ideas at all???0
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Got it! Lombard direct were really good. 8.9% as well!0
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Well done Joe,
Very lucky though. Under banking code rules they really shouldn't have lent you that much money given your earnings - regardless of how good you think the investment might be.
R.Smile
, it makes people wonder what you have been up to.0
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