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I don't mind paying high interest rates, I just really need the cash. It would have to be an unsecured loan as I'm a private tenant. Help please!!

2007-04-30 01:50:12 · 6 answers · asked by ? 4 in Business & Finance Credit

6 answers

i used to work for welcome finance they do loans for people who have bad credit records and are tenants. they are based accross the uk

2007-04-30 01:59:00 · answer #1 · answered by Robbo 2 · 0 0

For a loan of seven hundred pounds, you can negotiate this with a commercial bank. If the amount is as much as that, the bank will require a collateral security depending on the magnanimity of the loan. If not then an overdraft can be arranged between you and the bank, if of course you are maintaining a current account. But before engaging in the search for loan facility from any financial institution that is ready to grant you such, you must engage in credit management. this is the process of ensuring that you are not over-indebted. you must ensure that you do not have too much financial obligations to contend with. You may be faced with ill-liquidity, or at worse, bankruptcy if you are a corporate body.

2007-04-30 03:14:58 · answer #2 · answered by Adamu Beldam 2 · 0 0

if you *really* don't mind high interest rates then go to the Bank. You can trust the bank more than you can trust a random loan provider off the internet.
If you want to get the best deal you can though (get a low apr), then Advantage Loans might be able to help. They give unsecured loans for those with bad credit, ccjs, etc. link below

2007-04-30 05:52:10 · answer #3 · answered by sammyjoe 1 · 0 0

There are several companies out there that will loan you the money with higher rates. My suggestion is to not go to a bank. It all depends on what type of loan you are looking for. You can always "google" it for the type of loan you want.

2007-04-30 01:54:38 · answer #4 · answered by abvethlaw 1 · 0 0

Loansharks still exist in the UK. You can get a loan there. Otherwise, keep applying to banks etc. They will not necessarily turn you down because of your credit record.

2007-04-30 01:59:58 · answer #5 · answered by bogmonster 3 · 0 0

Sell your stuff on eBay or do without.

(bet you have a Mobile phone, PC, iPod, stereo, TV, car, CD's, printer ... )

Get a grip on your finances - STOP SPENDING money you don't have ..

NB. Poor people stay poor by borrowing, paying high rates of Interest and getting deeper into debt every month ... what you going to do when they won't let you borrow any more ???

2007-04-30 03:08:00 · answer #6 · answered by Steve B 7 · 0 0

I have listed a source of bad credit credit cards below for you. This may help you out.

2007-04-30 02:06:09 · answer #7 · answered by Anonymous · 0 0

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