Welcome Finance

Dumbski

Hello everyone

Yesterday I was offered an unsecured loan by Welcome for £750 over 24 months with repayments of £54.11 per month. I have read all of the horror stories on here regarding this company but I am desperate.

My girlfriend has a baby on the way and I need a lump sum of cash up front before the little one arrives. It is no good me posting an SOA because there is no way I can wait a couple of months to begin reaping the rewards. I cannot borrow this amount from family or friends and my credit rating is shocking.

I am expecting the paperwork to arrive today and as it is a no obligation quote, nothing is agreed yet.

Any advice would be appreciated.

Kavanne

You could have £1000 off a real bank for that if they will accept you. have you tried your bank?

Dumbski

Unfortunately, my bank won't touch me. As i said, my credit rating is terrible. I have tried everywhere else with better APR etc.

bugbabe

if you can repay the loan take it ,if your worried you cant dont do it ,i got a loan with welcome for 2000 when my bank wouldnt help due to my buisness closing ,i know people call them but who eles is going to borrow someone whos struggling for money ,mine help me get sorted out and am very happy with welcome

Diane_239

hi i borrowed £1500 from welcome over a year ago i have had no problems, late last year i had a accident rang them to explain that i wouldn't be able to make the full payments and they were very helpful and understanding i am very happy with welcome.and would use them again if the need a rose.

nomoneytoday

It's fine if you can pay it back. The money will go out of your account for 2 years and job done. However, when the child is here and needs clothes and food, can you honestly pay back an additional £50odd a month?

BTW it's not me who needs that answer, it's yourself.