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MSE Loan Eligibility Calculator

SuperPikachu
Posts: 344 Forumite
in Loans
Hello all,
I was looking to consolidate my debts and had a look on the loan calculator today. I did a few apps (too many it seemed) around September time I think, and MSE advise my credit score went down to "fair".
It is now breaking back into the "Good" area. It does still tell me that I have made a lot of apps in recent times.
How much longer should I probably wait before trying to get a loan due to this? Because it says 0-10% at the moment on the ones I would like.
I was looking to consolidate my debts and had a look on the loan calculator today. I did a few apps (too many it seemed) around September time I think, and MSE advise my credit score went down to "fair".
It is now breaking back into the "Good" area. It does still tell me that I have made a lot of apps in recent times.
How much longer should I probably wait before trying to get a loan due to this? Because it says 0-10% at the moment on the ones I would like.
0
Comments
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I would do other things to reduce your debt than taking out more credit.
Down value the car, transfer to 0% or low interest balance transfer cards, sell stuff, budget better, change lifestyle.
You dont really have a credit score or rating with MSE - its your credit history that matters, balances, payments etc.0
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