we are going on holiday on saturday but we don't have any money to pay for it with because the benefit people messed something up!! is there any way that our bank would lend us say £1000 for our holiday when neither of us work full time and we live off benefits?? please somebody help!!
2007-08-06 09:23:13 · 8 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Did you ever consider working for a living? That would be a novel approach, and give you reason to need a holiday. If all you are subsiding on is welfare benefits you are on holiday 24/7/365. This has got to be a joke right?
2007-08-06 10:01:37 · answer #1 · answered by Pengy 7 · 1⤊ 0⤋
If you can provide documentary evidence (from the benefits agency preferably) to your bank that you are due monies you may, depending on your past and current relationships with the bank be able to borrow - but don't bet on it. These days banks and their customers are farther apart then ever - sadly.
If you are certain that you will be able to repay within a reasonable length of time (including interest) you could, as I did when younger, pay for your vacation on a good credit card (such as M & S).
But, make a realistic plan of your future finances before exploring this avenue.
Do not take out a high interest loan, particularly one tied in to the value of your property. (Do you want to lose your home for a holiday?)
Good luck and don't go overboard on holiday spending. Paying back can be painful!
2007-08-06 16:39:13 · answer #2 · answered by Anonymous · 0⤊ 2⤋
you'll be lucky! to get a loan you have to pass a credit check and on benefits you wouldnt get offered anything because benefits wouldnt cover the repayments. You could try for a government crisis loan or budgeting loan but they probably wouldnt pay out for a holiday. If you want to be sneaky apply for a budgeting loan and say its for things at home like washing machines and decorating but i dont know if they would get back to you in time and its doubtful they would give you more than £700.
2007-08-06 16:30:12 · answer #3 · answered by berryred 3 · 0⤊ 1⤋
bank won't give a loan that you can't afford to pay back. If you're that broke, you shouldn't be going on holiday. I understand everyone needs a break but do something that is free....stay close to home...camping maybe?
2007-08-06 16:39:42 · answer #4 · answered by geistswoman 3 · 2⤊ 0⤋
Yeah Right...
Thanks for the points..
2007-08-06 16:37:23 · answer #5 · answered by Anonymous · 1⤊ 1⤋
this is a wind up right. you are just trying to rile those of us that work for a living
2007-08-06 16:29:54 · answer #6 · answered by L 7 · 2⤊ 1⤋
Dont ask us we are broke till friday ,,,,ask your Bank,,,,
2007-08-06 16:32:52 · answer #7 · answered by Anonymous · 1⤊ 1⤋
rah i can't believe your asking
2007-08-06 17:20:31 · answer #8 · answered by mjammy1978 3 · 0⤊ 0⤋