Bad credit and in need of help

AshVanRooney

Hi there,

I'm currently in a bit of a jam. I have gotten myself into a little bit of debt with late payments etc and am in need of a loan of around £1000 to get my head above water but I appear to have bad credit.

Does anyone know of any good lenders who would give me a loan with decent rates etc that would NOT require a guarantor as I dont really want to have to ask someone to help me like that.

Many thanks in advance

Gaz83

There aren't any lenders offering loans at decent rates for people with bad credit.

foxy-stoat

You will not get a decent rate for a loan of £1000 - good or bad credit.

If you cannot get a credit card with a super balance/money transfer then you are left with selling phone/tablet/tv's clothes, anything that mught be of value on ebay/preloved/gumtree or taking your electronics to cash converters and buy them back once your head stays above water.

Whats your current debt levels and income, if you got into debt by general spending then you need to address the cause, change lifestyle etc, if its a one off repair bill then you have been a bit unlucky.

DCFC79

Your best option is to go over to the dfw board and post an SOA.

How did you get into this situation ?

Can it rear its head again or have you taken steps to prevent it happening again ?

andyfromotley

Borrowing your way out of debt rarely works.

Spend less, sell stuff, earn more.

You are behind with your payments already check out the stepchange website to see what your options are.

Check out the DFW board as this will help you start to live a more financially sustainable life.