Hello Can Any Body Help Me??

djtrixy

Hello Everyone My Name is Terry, I Have Recently Split Up With My Partner And Im Currently Moving Out Of A Rented House.I Now Have An Overdraft Of
£800<,I Also Owe Family 2000Pounds And To Top It All My Car Is On Its Way Out So Will Need A New ! ASAP. Was Thinking About a Loan For Around
£8000 To Pay Off My Debts And Buy A Car Paying 1 Payment Each Month. But My Credit Rating Is Not The Best Because Of My Overdraft! Can AnyBody Tell Me The Best Place For Loans And Indeed If I Am Thinking In The Right Way? I Am 23 Years Old And Not A Home Owner. Many Thanks.

dannynixon

I don't think your overdraft has an effect on your credit rating.

How do you know your rating is not very good?

djtrixy

i Had A Talk With My Bank She Said I Was A H Rating Which Is Almost The Worst You Can Be! I Have Been Over My Agreed Limit Once As I Had A Bill I Diddnt Know About!

homer_j_3

Are you on the electoral role? Had any other form of credit in the past. It could be bad because you have no credit as such rather than bad because you have not handled your credit well historically.

djtrixy

I Have Had A Personal Loan out In The Past And Payed It Off In Full Not Missing Any payments.I Am Not On The Electoral Role I Dont Think.

homer_j_3

Go and get yourself registered as this will improve your credit profile.

If you can hang off until this shows then you will find that more people are willing to talk to you as such.

With the last loan, did you have it long? As sometimes paying it off too quickly can have an adverse effect to.