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Really need to consolidate but with bad credit

amy12 · 2018-06-20 14:19:20

Hi, I have stupidly got myself into quite a lot of debt, I could afford this but recently my hours have been cut at work. I could do with consolidating my debt which will cut my monthly bill but 50% but I can’t get accepted anywhere as I have a poor credit rating! I am not able to find a guarantor either! What are my…

Comments

Dobbibill Posts: 4,201 Ambassador

23 June 2018 at 8:53PM

At this time you probably won't like or agree what I'm going to say.

Being refused has been a blessing in disguise.
A consolidation loan is not what you need as you can't afford to repay it - on paper you appear to be asking to double your debt - what you owe plus what you want to consolidate which understandably is going to appear high risk.

As others have said - post a SOA on the DFW board and take things from there.

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