We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Which lenders are lending money??

moatmeister
moatmeister Posts: 332 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
Which lenders are actively promoting their lending services at the moment?

Anyone with a less than perfect credit history recently got a loan??
«1345

Comments

  • jc808
    jc808 Posts: 1,756 Forumite
    Which lenders are actively promoting their lending services at the moment?

    er... have you tried watching tv or reading the newspaper?
  • moatmeister
    moatmeister Posts: 332 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 12 April 2012 at 6:48AM
    Sorry never thought of that.

    They can advertise their services as much as they like with headline grabbing low rates but the reality is they are not prepared to put their hands in their pockets in many cases unless you have a perfect credit file.

    I was hoping fora more constructive reply from people with recent borrowing experiences....
  • Apples2
    Apples2 Posts: 6,442 Forumite
    This will be a good thread.
  • moatmeister
    moatmeister Posts: 332 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Hope so.

    Let me get the ball rolling.

    I consider myself to have a good credit history which I check regularly with al three CRAs and good affordability although currently with a high credit card exposure which is under control.

    Turned down flat by HSBC who I with bank with.

    Overdraft and credit card reduced to nominal limits by Nationwide who I also bank with. (and who are currently doing a lot of advertising!) so figure its not even worth applying to them for a loan

    Wife in a similar situation turned down flat by Zopa
  • Paul_01
    Paul_01 Posts: 409 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I can understand why you feel that the first response, and indeed the following one, are not very helpful. It seems to me that some people are more interested in a 'clever' reply than a helpful one.

    As for your question, I'm not really in a position to help as I've not had any recent experience of applying for a loan, sorry. But I do hope you will start to get some more considered replies soon.
  • blacksta
    blacksta Posts: 919 Forumite
    All the banks are lending - but one must meet their strict lending lending criteria
    I owe £3233 @ 0%
  • Dabooka
    Dabooka Posts: 839 Forumite
    Right;

    How much do you earn?
    What is your current debt?
    What are your crdit limits (carda and overdraft)?

    Repeat for the missus.
  • Apples2
    Apples2 Posts: 6,442 Forumite
    Paul_01 wrote: »
    I can understand why you feel that the first response, and indeed the following one, are not very helpful. It seems to me that some people are more interested in a 'clever' reply than a helpful one.

    As for your question, I'm not really in a position to help as I've not had any recent experience of applying for a loan, sorry. But I do hope you will start to get some more considered replies soon.
    so despite your post, you had even less to add than the replies you refer to?

    To get a considered reply, you must ask a considered question.

    Seriously, What lenders are lending? the clue is on the name, or they wouldn't be lenders.

    The thread is slowly opening up, we now have a little pertinent information from the OP, we still need more to help which dabooka is trying to weasle out.
  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Apples2 wrote: »
    This will be a good thread.
    Apples2 wrote: »
    The thread is slowly opening up....

    I agree, this thread has future Hall of Famer written all over it. It's a slow burner for sure, but so is The Shawshank Redemption, and I think this will be worth putting in the hours.

    We haven't even touched on reasons for the loan, undisclosed financial histories, new characters to be introduced in episode 5 and other !!!!!! moments.
  • Salary £40k + overtime + exes

    currently £2500 into £3000 o/d limit

    Santander (ex A&L) Personal loan £8k/5years
    £2500 owing, £186/month
    13 months still to run

    Santander CC
    Limit £1500 balance £1066

    BoS CC
    Limit £4000 balance £3070 on 0% interest deal

    NatWest CC
    Limit £4500 balance £3198

    Nationwide CC
    Limit £500 balance £470

    MBNA CC
    Limit £5400 balance £4003 on 0% interest deal

    Within last 12 months (and mostly previously) all payments on above on time and up to date

    1 mortgage payment made on time but credited 1 day overdue marked late over 6 months ago due to bank error.
    1 x £10 payment for mobile broadband marked late over 6 months ago due to my error
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.