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Covering the cost of moving house
DK412
Posts: 13 Forumite
I'm looking for a flat to move into in London from a place I currently live in Hertfordshire, however a payment I was awaiting on has been delayed and as such I need to cover the initial costs of deposit etc, but will be back on my feet within a month or two maximum, so I want to take out a loan of some sort to cover that cost, but I've never even looked into this sort of stuff and don't know the ins and outs so wondered if any of you could answer a few questions for me.
1. I've just finished an undergraduate degree, so is a credit card, a credit union, undergraduate loan, or an extension on an overdraft my best choice?
2. As I'm on a strict schedule and need the loan in the next week or so, which has the shortest waiting time? And what is it?
3. I'm currently unemployed and have applied for Universal Credit, however the payment has been delayed and the amount I'll be getting per year will be different once I've moved, and I'm going to be fervently looking for a job between now and then too, so when applying for a credit card I have no idea what to put down as yearly income, suggestions?
4. The costs of London are obviously much more than Herts, so I feel like when I apply I need to state that I'm living in London but I don't have an actual place to live yet, so I don't have an address to put down, is this an issue?
5. I've heard that if you apply for a credit card and don't get it, it can affect your credit rating, so I'm nervous to even apply when I know so little about it all, so any advice on any of these things would be so appreciated .
Sorry for such a long post, I'm just a little lost on where to look and what to look for, and I don't want to ask banks and credit card companies etc because I feel like it's not going to be an unbiased answer.
Thanks for giving me your ear, and any advice really is invaluable.
(Sorry, I've posted this on a couple of forums, because of the aforementioned lack of knowledge of where to ask.)
1. I've just finished an undergraduate degree, so is a credit card, a credit union, undergraduate loan, or an extension on an overdraft my best choice?
2. As I'm on a strict schedule and need the loan in the next week or so, which has the shortest waiting time? And what is it?
3. I'm currently unemployed and have applied for Universal Credit, however the payment has been delayed and the amount I'll be getting per year will be different once I've moved, and I'm going to be fervently looking for a job between now and then too, so when applying for a credit card I have no idea what to put down as yearly income, suggestions?
4. The costs of London are obviously much more than Herts, so I feel like when I apply I need to state that I'm living in London but I don't have an actual place to live yet, so I don't have an address to put down, is this an issue?
5. I've heard that if you apply for a credit card and don't get it, it can affect your credit rating, so I'm nervous to even apply when I know so little about it all, so any advice on any of these things would be so appreciated .
Sorry for such a long post, I'm just a little lost on where to look and what to look for, and I don't want to ask banks and credit card companies etc because I feel like it's not going to be an unbiased answer.
Thanks for giving me your ear, and any advice really is invaluable.
(Sorry, I've posted this on a couple of forums, because of the aforementioned lack of knowledge of where to ask.)
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Triplicate thread also on Loans board and Credit Cards board.0
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