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Help needed!

Hi all,

So here's the predicament:

Someone I know needs a loan for £7k, however they haven't got a job.

The person is in the process of selling their house and the loan would be able to be paid in full once the house has been sold (hopefully within 5/6 months time, depending on how quickly the house sells).

Does any body know of any companies who would do this?? Everywhere I have looked requires monthly repayments, however, obviously this isn't possible as the person is currently unemployed.

Thank you in advance :)

Comments

  • lindens
    lindens Posts: 2,870 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Would YOU lend someone £7K if they didnt have a job?

    There's your answer
    You're not your * could have not of * Debt not dept *
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    No income = no credit.

    If they need £7000 now I would suggest selling stuff, car, phone, furniture etc and they can buy the stuff again once their house sells.
  • lsttaylor wrote: »
    Does any body know of any companies who would do this??


    Zero companies.
  • MEM62
    MEM62 Posts: 5,351 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    No job = no income = no loan. (Unless, of course you borrow from the sort of people that you really don't want to owe money to)
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