the account is currently being paid but i need some extra money , I'd like to find a \n£15000 loan that'd leave me with £10000 after the £5000's paid for, what are the chances of me succeding? remember the account was defaulted in the past. Thanks
202604
There are a lot of companies out there that do "consolidation" loans that I believe you are thinking about.\n\nThis type of loan often gives you enough to pay off all your smaller debts and can give you some extra money on top.\n\nNormally though they require collateral (IE a house) but a lot of the companies do take people with less than perfect credit history.\n\nStick on your TV and you'll soon find an advert for a company of this type.
115272
i work in finance, dealing mainly in lending. lenders are legally bound to follow certain rules. one of those is that they cannot lend money to customers that cannot afford to make the repayments. there is a little grey area, as different companies have different criteria. if you are in the uk, this is all covered by the consumer credit act 1998, and i would recommend that you contact the Financial Services Authority. this is the governing body for all financial companies in the uk. they will investigate, and will remain impartial. they will be able to give you better advice for the specific problem you are facing, though i have to say it's not very sensible to take out a loan when you know yourself that you cannot pay it back. having said that, they still have responsibilities, and i'd definitely check into that if i were you.
323383
I would suggest you get financial advice from a bank or other lending company .  if you think people are gonna give you money ,  your nuts
257867
Is this with a bank? or an individual? \nUnfortunately, this is considered a "high risk" industry, and therefore, the bank will most likely decline any funding if your credit rating has deteriorated, and the net worth & net income of the company is not showing profits. \n\nYou need to talk to the person, and ask them, if there is some way you can discuss other options, than them demanding the loan in full? \n\nFailing this, you need to assess whether you should stay in the business, I know it is tough, but if you are having a hard time paying now, what will change significantly to make you pay later? \n\nThis, may be the toughest realization, but it is what you need to consider.  \nI am not sure what you signed as security for the loan, however, you may have some options, and I would approach your Bank to discuss what the options may be.  Worst case, is bankruptcy, but there is a lot of decisions and choices in between. \n\nGood luck to you.
196381
Try a credit union or the UK equivalent of that
542561
maximum is usually 3.25 x joint salary although abbey have recently introduced 5 x. You will need to provide payslips/P60 as evidence of earnings. In theory you should be able to borrow anywhere between £94250 and £145000.\n\nYou could also do a self certified mortgage, where you simply tell them how much you want, and that you can afford it, no need to prove earnings that way, but don't be tempted to push things to far past the normal limits.\n\nYou will need a deposit as well, 10% is considered about normal, any less and you will end up paying an indemnity premium on top of the mortgage.\n\nTake a walk down to your bank and have an informal chat with them \n\nRemember your house is at risk if you do not keep up payments on a mortgage or other secured loans
503784
If your account is at the same branch then you should get value the same day. If the cheque is drawn elsewhere, it will take the usual 3 days to be paid by the paying branch and should be classed as cleared funds the next working day to allow for it being returned.\nIts a load of crap that banks make a fortune out of the money being in the system as the customer gets credited with value on the same day that the payer loses the value from their account. However, if they dont give value after 3 days ie. most building societies, then they are the ones making the money. Don't confuse banks with building societies as banking provides one of the cheapest services to the public in UK. I have never paid any charges in 40 years and I am not rich, I just make sure the money is in the account.\nPS if anyone wants to make sure they dont pay charges to First Direct - a subsiduary of HSBC then take out a cheap product with them. They are only trying to get rid of all the accounts with minimal balances that have sat there doing nothing for years and costing them money.
512471
you probably want short term borrowing.\n\nMoney shop will cash cheques for 1 month and charge about 6%\nup to £500 at a time.\n\nProvident will lend money but charge the earth.
287749
Its really hard to tell how much you can get anyway with paying. I use to do this kind of work. So it depends on how long you have owed them, was you credit good (always made payments on time) until this happened or it was a little rocky sometimes,then what kind of finance company was it ( automobile, private loan from a bank or credit card co, home buying) & has it gone into collections yet?? All these things sometimes makes a difference. But you can always make them an offer. Cause they have told you what the debit was, what they would settle for. So now I would make them an offer. Maybe start with whatever $ amount you can pay right now..then if that fails then offer a little more but it will take you a little bit longer to pay that $ amount. And just go from there. If all else fells, make 1 lump sum, & payments on the rest. BEST OF WISHES, I KNOW ITS HARD!!
428317
Perhaps she should take out a bank loan for £3,000 and repay the card.  The interest on teh loan will be less and she will see the balance go down each month if she just pays as much as she is paying now.  It might be even cheaper if you, if you wanted to, took out the loan
240257
Most places base how much they'd offer on 3.5 or 3.75 times your joint income, or similar. So for that amount, borrowing around 110k, over 27k per year between the two of you.\n\nYour best bet is to talk to an independant financial advisor - I'd recommend London and Country, but there are other good ones. There's loads of info on all kinds of financial stuff, including mortgages, at the website:  www.moneysavingexpert.com\n\nGood luck (we get our keys tomorrow and it's just as stressful as you've heard...)
468401
I think this is disgusting behaviour from this bank and I would urge anyone that banks with these people to move their money immediately. Why the hell should anyone go into debt just in order to stay with a bank ?!\nOn top of this, surely it is obvious discrimination against those that do not have £1500 to deposit or keep within the bank !! It seems this bank thinks we are there to line the pockets of their share-holders by increasing personal debt, just when people are needing to tighten belts due to higher mortgage payments.\nShame on those greedy sods.\n\nThank you for you help, but all the same I will not be making this bank "look" as if they are keeping their customers happy.
137461
If you haven't consolidated your loans already then do so before July 1 as interest rates will be going up.  Plan at least 6 weeks to make that happen.\n\nThere are a number of pay back options including ones that are weighted to be smaller early in the payback period with larger payments later.  You can also extend payments for 30 years or select a program that is income dependent.\n\nYou could consider working in a State underserved area or for the federal government or sometimes there are even private arrangements.  Try the 3R Network.  You could also consider the IHS or NHS.  I have heard some horror stories associated with both of those last two organizations, however.  I would be sure that you really wanted to practice some place before I accepted one of their assignments.  My sister found a place that reimbursed her for her loans in exchange for a five year committement, meanwhile she is earning nice bonuses with the practice she works for.  Good luck.
143127
won't your bank loan you the money ?\n\n(sorry about the inane responses you've got at the beginning)
420733
Best thing to do is Kindly talk to your bank and explain the situation and hope for the best it may depend on your history with the bank if you have a good reputation you may be all good but your going to have to replace the money that was taken out
363984
No, but its not very sensible as you are continuing to mount up interest charges.  Contact them and see if you can come to some arrangement which will make it easier to pay.  \nDONT IGNORE IT ANY LONGER!!!!
485178
I would try my own bank first and see if they have a lsmall loan prgram or credit card that I was applicable for.  The payment will depend on how much your interest rate is and how much time they will give you to pay it back, so if it is 2, 500 and your interest rate was 10% and you had 12 months to pay it back, how much woudl it be?  Figure it out that way, just an example.  also, find out if there is a grace period where if you pay it back within say 30 days thre will be no interest or if you can wait until 60 days later to make your first payment.  Hope this helps!  Good luck!