2006-09-05 00:25:34 · 14 answers · asked by marc c 1 in Business & Finance ➔ Credit
avoid the banks, thieves the lot of them and dishonest. try for a credit union or a co-operative bank if you have any in your area
2006-09-05 00:31:55 · answer #1 · answered by Anonymous · 0⤊ 0⤋
How desperate for the cash are you? If you're having problems getting credit, it's likely to be because your history aint so hot (not trying to offend) - can you handle more credit, if you're already struggling? Really? Then address the debts that you do have first.
Get a copy of your credit file from Experian.
If you keep on applying for credit time and time again, day after day, it'll show on your credit searches, which the lenders will not like. If you can wait for say 6 months, and have an opportunity to improve your credit rating by making payments to your existing creditors, that may help.
As a last resort, there's countless loan firms that advertise in the back pages of the tabloids that "specialise" in your area. However, whilst you are likely to be granted a loan by these people, it will be at an extortionate rate and may well make you situation worse in the mid to long term, particularly if you miss a repayment - they'll be on you sharpish.
I strongly suggest (assuming you're in the UK) that you contact the Consumer Credit Counselling Service, a reputable charity who will help you and assess your situation and should be able to help you get creditors off your back. They're great people, helped me out a few years ago when my world fell apart....
http://www.cccs.co.uk/
Just don't make your situation worse!
Best of luck to ya.
2006-09-05 00:48:33 · answer #2 · answered by BushRaider69 3 · 0⤊ 0⤋
1st thing you should do is get a copy of your credit file from either experian or equifax. You are usually entitled to a 30 day free trial in which u can access it as many times as u like but make sure to cancel it b4 the 30 days as they will start charging you after the trial period is over.
You could have a look over it and also take it down to the citizens advice bureau to get some1 to have a look and see what they might suggest.
But please do not keep applying for loans or any other form of credit until you have rectified the problem because each time you apply for credit it leaves a footprint on your file which can further affect your credit rating.
Hope this helped as I am in the same financial situation and these are the things i have had to do.
Wish you the best of luck
2006-09-05 00:40:32 · answer #3 · answered by Anonymous · 0⤊ 0⤋
There is, you just need to keep looking. You could try a loan broker. But bear in mind that the more you apply for loans the more you're likely to be turned down particularly by the high street banks because your credit file will be recording these searches for credit.
2006-09-05 02:57:50 · answer #4 · answered by scallywag 4 · 0⤊ 0⤋
you have just answered your own question...
Because you have tried for many applications for loans, the more you apply say in the space of a month, the more it decreases your credit rating.
Apply once a month if necessary, in the meantime, look to do overtime at work, sell unwanted goods at a second hand shop or at a car boot sale. Maintain your current paymnets (if any) now to increase your credit agreement with your creditors now as they call you to either over you a top up or a new loan with a lower interest rate.
Hope this helps.
2006-09-07 03:43:04 · answer #5 · answered by Rebz 5 · 0⤊ 0⤋
Yes there is a chance, I have a very bad credit rating, a lot of debt and big money troubles but through perseverance I managed to get a big loans to sort it all out. Try speaking to your bank first then, the C.A.B office. They are always helpful. It would also depend if you own your own house, then you can get a secured loan.
Best of luck.
2006-09-05 00:33:28 · answer #6 · answered by xXMichelleXx 3 · 0⤊ 0⤋
if you do have a poor credit rating there are financial companies that are willing to offer individuals with your circumstances funds.....however for the organisation to accept such a high risk incase of default they will charge you through the nose if you were to borrow.
2006-09-05 00:31:42 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Maybe a loan isn't what you need.
Go to your local citizen's advice bureau, they'll give you impartial advice.
2006-09-06 22:33:51 · answer #8 · answered by Curious 2 · 0⤊ 0⤋
Have you a dodgy credit rating?
2006-09-05 00:27:49 · answer #9 · answered by Mucking Fagic! 2 · 0⤊ 0⤋
Have you tried househould bank?
Bit higher interest rates though...
2006-09-05 00:37:17 · answer #10 · answered by eva j 1 · 0⤊ 0⤋