I need to come up with £3000 in the next 24hrs

Ben8282

only have £30,000 in unsecured debt right now

credit is good have a credit card with £2,000 limit has £400 available to use right now, pay it off in full every month.

I would not agree that anything is good about either of these things.
And you seriously believe Amex are going to give you a credit card with a £3000+ credit limit …. ?

prodigalson

Willing2Learn wrote: »

Since I've dipped my toe into this thread, I might as well bring up your Emergency Fund (EF). I think you need a buffer in your budget, to cover yourself against any unknown expenses (either for business, private or both). We usually recommend a six-month buffer...With an EF saved up, it means you cope with the unknowns, without having to borrow.

Thank you for reminding me about emergency funds. I forgot about this. Next year will be working on building savings, ISAs, and overpaying debt as that interest is basically money I'm losing for nothing

prodigalson

Ben8282 wrote: »

only have £30,000 in unsecured debt right now

credit is good have a credit card with £2,000 limit has £400 available to use right now, pay it off in full every month.

I would not agree that anything is good about either of these things.
And you seriously believe Amex are going to give you a credit card with a £3000+ credit limit …. ?

The unsecured debt is significantly lower than £30,000 that is the loan amount I borrowed in total. A 20k loan in 2017 and a 10k loan in 2018.

Total paid to date is ~£12k

Yes credit card may be a low limit compared to others on this forum, but I'm here looking for a solution for my current problem

Also monthly net income right now after taxes is could pay off my debts within 4 months without any stress whatsoever.

prodigalson

Guys please provide solutions/recommendations on which lenders would offer same day loans

Ben8282

prodigalson wrote: »

Guys please provide solutions/recommendations on which lenders would offer same day loans

I'm sorry but I don't believe there are any. and I don't see an immediate solution to your problem.

Willing2Learn

Just a quick google:
Barclays claim you can receive the (loan) funds on the same day as the application (for existing customers). HSBC also claim to do the same for existing customers. Have you checked your loan eligibility with a bank with whom you already have an account, as they may able to help?

prodigalson

Willing2Learn wrote: »

Just a quick google:
Barclays claim you can receive the (loan) funds on the same day as the application (for existing customers). HSBC also claim to do the same for existing customers. Have you checked your loan eligibility with a bank with whom you already have an account, as they may able to help?

Personal loans are with Barclays and no longer hold an HSBC account.

[Deleted User]

Then you’ll need to come up with an alternative way of getting cash.

Willing2Learn

prodigalson wrote: »

Personal loans are with Barclays and no longer hold an HSBC account.

It might be worth giving Barclays a bell tomorrow. They may be able to extend further lending to you. A consolidation loan


WARNING: A consolidation loan is rarely successful at reducing overall level of debt, if the weaknesses in the borrowers monthly budget have not been fully addressed.

Terry_Towelling

prodigalson wrote: »

Hi,
I have an urgent expense and need to make a payment of £3000 tomorrow. Can anyone recommend any same day use credit cards or same personal loans. I have a pretty good credit history. But require access to this sum of money for an emergency. Please share your ideas or opinions

The 'sign-off' at the foot of your posts suggests you have £1000 in your emergency fund and a stash in your ISA. You could use cash from there - as long as the ISA isn't locked in, in which case you'd need to transfer it out to get at it and that would take longer than 24 hours (presumably). Should be cheaper than any loan though.