yes loans have offered me a loan for £2000 at £65 a month the interest is an extra £1200 this is the only sort of place were i can get a loan as i have a really bad credit rating . do you think the interest is reasianble ??? its my only option
2006-11-29 11:06:20 · 13 answers · asked by bigbaps 3 in Business & Finance ➔ Credit
Try looking at;
http://www.moneysavingexpert.co.uk
It has a lot of tips for people with bad credit ratings and ways to improve it.
2006-11-30 10:46:22 · answer #1 · answered by David D 1 · 0⤊ 0⤋
Before you accept, make sure that you know the last date of the repayment, the costs of any additional items such as administration fee, handling fee, back up the hearse and let them smell the flowers fee - there are all sorts of hidden extras but Yes has been accused of continuing to collect repayments after the loan has been repaid in full so make sure your agreement states all these things.
2006-11-30 05:01:12 · answer #2 · answered by halifaxed 5 · 0⤊ 0⤋
Don't take it. The only reason you should take a loan from them is if you have decided to go bankrupt. In my opinion they are leeches who
take advantage of the unfortunate. If you need it for Christmas, I am very sorry but you should bite the bullet and gather the children round and say you haven't got the money this year.
2006-11-30 05:11:38 · answer #3 · answered by jewelking_2000 5 · 0⤊ 0⤋
that sounds like alot! but if that is your only option. What is the loan for can I as? Are you sure you really need the Loan
2006-11-29 11:18:22 · answer #4 · answered by Nani 5 · 0⤊ 0⤋
If you have bad credit, than that is pretty reasonable. You have to pay the price to rebuild your credit. Bite the bullet with the high rate, but make sure you keep up your payments and you can get lower rates in the future.
2006-11-29 11:14:08 · answer #5 · answered by Anonymous · 0⤊ 0⤋
it is as good as it gona get. provident loans are the same you borrow £500 you pay back £800 thats £300 intrest over a year.thats 25% at least on all loans like these.
2006-11-29 11:16:11 · answer #6 · answered by Anonymous · 0⤊ 0⤋
yes loans have offered me a loan too. but for 1000 pounds i will have to pay back 1148 pounds + 49.50 administration fee.
so it's like 200 pounds almost. not that much!
2006-11-29 21:11:25 · answer #7 · answered by Anonymous · 0⤊ 0⤋
YES loans have offered you a loan?
Were they likely to say no?lol
2006-11-29 11:17:22 · answer #8 · answered by Anonymous · 0⤊ 1⤋
........if it's your only option and you need the loan bad - it doesn't matter what the interest is like does it.
2006-11-29 11:10:49 · answer #9 · answered by Anonymous · 0⤊ 0⤋
It's quite a lot of interest.
2006-11-29 11:29:16 · answer #10 · answered by Goofy Goofer Goof Goof Goof ! 6 · 0⤊ 0⤋