2007-01-13 04:57:22 · 15 answers · asked by Anonymous in Business & Finance ➔ Credit
I do not recommend them because they are VERY expensive.
Provident Personal credit will give you a small doorstep loan.
Try Friends or family first.Or go to the DHSS for a crisis loan.
2007-01-14 11:23:47 · answer #1 · answered by coolkebab 4 · 0⤊ 0⤋
Wow, That is such a good question. I answered so that I could follow it, too.
College loans? I needed to ask this question, too!
Are you a displaced homemaker? Try Women in Transition. They are very good.
Do you have SSI, or SSD? Something like that? From the Social Security Office.
It's quite possible you can also get General Assistance with that. And food stamps. That can really help.
And you can get college loans directly from the college. You might get something better from them, than going to W.I.T. Cause they're loans are not just work related, I think. And they can cover living expenses! Good Luck.
Try Matthew Lesco's books? He's got some right at the library. Also Federal government websites, or the Social Security Office, or Unemployment has small courses if ya want to go back to work.
2007-01-13 05:20:09 · answer #2 · answered by smoothsoullady 4 · 0⤊ 0⤋
Hello,
(ANS) thats a very tough question to answer, why? because as I'm sure you are probably already aware.
Bank's or building societies only tend to lend money to people who either have a current morgage on a property (usually their own home or house) or own their home outright. These types of loans are secured against the home or house (secured loans).
As you dont have any substantial assetts to secure the loan against that leaves you with fewer options really to be honest with you.
**The next option might be an "unsecured loan/s", but the problem with unsecured loans is that you will probably find that the interest rate on any unsecured loan offered to you will be much much higher than other loans. This is because any lender will perceive you as a higher risk without any other major assetts.
**You might want to be rather carefull about whom you take an unsecured loan from, some companies are honest and will tell you up front the costs involved but there are many companies who dont follow best practise in this area. With some companies the interest rates or payment protection insurance make some unsecured loans not worth touching with a barge pole.
**Have a look at Credit Unions? they might be able to offer you something more managable.
**You could also contact the CCCS for advise, as they know who might be able to lend to you and who are legitimate companies in this financial area. That's the "consumer credit counselling service", they are a charity & offer free financial advise over the phone. Oh! they also have a website to if you run a quick Yahoo or google search you should find there contact details.
**Finally, being on benefits makes life even harder when it comes to loans and thats the trueth I'm affraid.
**PS:- Watch out & Beware!! of the following companies "Provident", "MBNA", & Capitol One" Yes! whilst I'm sure they would love to lend money too you, there rates are totally extortionate sometimes as much as 300% or 100% on a loan. You will be paying back a small loan for years & years. Avoid these companies if you possibley can!! in my opinion dont touch them. BAD!! very BAD!!! indeed.
Hope that might be of some use to you?
IR
2007-01-13 05:20:19 · answer #3 · answered by Anonymous · 0⤊ 0⤋
It's going to be very hard and, in the long run, very expensive. The only thing you can really do would be to get a non-secured personla loan through a bank or credit union. However, this may not be very fruitful because you're considered very, very high risk. Because you're on disability benefits (which can be very difficult to impossible to garnish if you don't repay your loan) you're not really considered to have the income to pay back the loan.
Depending on what you need the money for, your best bet would be to try assisstance agencies for grants. Almost all agencies will automatically qualify you if you're disabled.
2007-01-13 05:25:41 · answer #4 · answered by Vadalia 4 · 0⤊ 0⤋
Depending on your income and credit history, you might be able to get help. There is a new loan concept, people to people lending. I am a group leader for prospective borrowers. You can learn more here:
https://www.prosper.com/public/groups/group_home.aspx?group_short_name=ImProveYourself
2007-01-13 18:53:36 · answer #5 · answered by Rena 3 · 0⤊ 0⤋
be very very careful, loads of people will give you a loan but you'll pay through the nose, your best bet is your local credit union, you'll get a great rate and easy payments you can afford
2007-01-14 10:42:51 · answer #6 · answered by Anonymous · 0⤊ 0⤋
you might be able to get a loan with Advantage Loans. I know they can do loans for non-homeowners, but I dunno if they can if you're on benefits. it's worth a shot though. (www.advantageloansuk.co.uk)
2007-01-17 01:58:33 · answer #7 · answered by Rislah K 1 · 0⤊ 0⤋
i would try your bank first, i got a loan off my bank and I'm a carer for my son so therefore on benefits and i don't own my home,
2007-01-13 14:02:46 · answer #8 · answered by CEESONE 4 · 0⤊ 0⤋
i would try your bank first, i got a loan off my bank and I'm a carer for my son so therefore on benefits and i don't own my home,
2007-01-13 05:09:40 · answer #9 · answered by angie 5 · 0⤊ 0⤋
Go to your Bank or Building Society and ask them or apply online with your bank.
2007-01-13 05:05:24 · answer #10 · answered by CT 6 · 0⤊ 0⤋