Andy GSi
Member
Registered: 24th Mar 02
Location: Shropshire, Drives 2.0l 16v Corsa
User status: Offline
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been trying to get a loan, as i havent had a loan before or any other finances. companies arent accepting me. i have a credit card, and i pay back every month. i have no outgoings a month,so will be able to afford to repay loan easy. tried:
- Post Office ---not accepted
- Northenroack ---Accepted but 9.9%
so applied for allience and leister and going into my banks after Abbey and Halifax to see what they can do.
i thought its easy to get a good cheap loan these days. but bloody hell its proven hell!!
anyone else found this? with not having a loan before?
[Edited on 16-01-2006 by andysri]
[Edited on 16-01-2006 by andysri]
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vibrio
Banned
Registered: 28th Feb 01
Location: POAH
User status: Offline
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age, house ownership, income. I can get a loan and I'm a student lol
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Adam
Member
Registered: 1st May 01
Location: Hurstbourne Tarrant
User status: Offline
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9.9% is pretty good apr for a load
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Robin
Premium Member
Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
User status: Offline
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try barclaycard
i have one with alliance and leicester, not a homeowner, not a great credit rating, and they gave me one
barclaycard are cheaper though
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L33 LEG
Banned
Registered: 6th Jan 03
Location: Blackburn . Drove: Dimma Saxo VTR
User status: Offline
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ul get one with barcleycard, they gave me one ffs 
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mwg
Member
Registered: 19th Feb 04
Location: South Lakes
User status: Offline
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I've not got a loan but have a credit card that I use occasionally (I always pay it back before I have to start paying interest) and got told it would mean I'd be able to get a loan just cos I have a credit card?
Also if you have an account with a building society rather than a normal bank and you regularly put money into it then your apparently more likely to get a loan. Never had to apply for a loan so far myself so dont know how true it is!
[Edited on 16-01-2006 by Matty G]
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PainZ
Member
Registered: 28th Jun 02
Location: Camberley, Surrey - Drives a Black Vectra VXR Esta
User status: Offline
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I would take northenrock.
I would try only one more company. I had a small loan for a small period which I have now paid off and I used Tesco's, they were fantastic.. I think i paid 6.7%,
Remember the APR is all dependant on your own circumstances...
If you start applying for loads of loans and they keep rejecting you it will look bad on your credit rating...
That's why i say go for the northanrock one..
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BYRON
Member
Registered: 1st Jun 04
User status: Offline
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Strange. Loans are easy to get.
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CCA
Member
Registered: 6th Dec 04
Location: Somewhere Drives: Not a bloody Vauxhall!
User status: Offline
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If you apply for too many places and dont get accepted it can make your credit rating worse so if your not getting accepted maybe wait a few months
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L33 LEG
Banned
Registered: 6th Jan 03
Location: Blackburn . Drove: Dimma Saxo VTR
User status: Offline
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quote:
Originally posted by CCA
If you apply for too many places and dont get accepted it can make your credit rating worse so if your not getting accepted maybe wait a few months
correct 
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Greasemonkey
Member
Registered: 17th Apr 02
Location: Drives a Tractor
User status: Offline
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Sainos are doing good loan rates at the mo think they are like 6.6%
I got my loan through Northern rock its fixed at 6.4% they lent me 15'000 squidley didleys. And im almost black listed and have bad credit scoring against my name
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K2 GTi
Member
Registered: 21st Oct 04
User status: Offline
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quote:
Originally posted by Greasemonkey
Sainos are doing good loan rates at the mo think they are like 6.6%
I got my loan through Northern rock its fixed at 6.4% they lent me 15'000 squidley didleys. And im almost black listed and have bad credit scoring against my name
oh dear 
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schoey
Member
Registered: 29th Jun 05
Location: Billinghay, Lincolnshire
User status: Offline
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nationwide!
Trouble is - if you've been declined by one place, they transfer info between each other so they know if you've been turned down.
Use the bank you bank with.
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Teddy
Member
Registered: 19th Jul 04
Location: Northampton Drives: VW Bora 1.9TDi pd130
User status: Offline
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If you keep racking up credit searches as well wont help.
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Andy GSi
Member
Registered: 24th Mar 02
Location: Shropshire, Drives 2.0l 16v Corsa
User status: Offline
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it was only post office which never accepted me, i have completed an application form for A and L. i am shopping round for the best APR. but looks like i will have to stop and grap what i can.
never knew if u filled in loads of application forms it goes against u if u dont get accepted.
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MR2Mike
Member
Registered: 20th Jan 05
Location: Old Trafford. Drives: MR2 N/A
User status: Offline
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nationwide, cahoot
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CCA
Member
Registered: 6th Dec 04
Location: Somewhere Drives: Not a bloody Vauxhall!
User status: Offline
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look on moneysupermarket for the best apr
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Andy GSi
Member
Registered: 24th Mar 02
Location: Shropshire, Drives 2.0l 16v Corsa
User status: Offline
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^^^ yeah but it all goes againt ur personal circumstanses. 
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Offline
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you are more likley to get a loan if you are likley not to make the payments
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Online
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quote:
Originally posted by Adam
9.9% is pretty good apr for a load
Not when many places are offering sub 6, overdrafts are cheap and intro offers on credit cards are often zero.
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Online
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quote:
Originally posted by andysri
i am shopping round for the best APR.
Depends also how much you need and over how long. It can vary wildly. I was looking at the Barclayloan stuff yesterday and it varies from 19% if you take a few grand to 6ish if you take the full 25k.
I've argued with Rock in the past and got it lower than quoted in the original paperwork. When you have the agreement set up and they send you the stuff to sign and send back, phone up and tell them you want it lower.
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Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
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Don't keep applying for them 
Everytime you apply for a loan that goes against your credit history and other loan companies can see this, not being funny but I would just go with the Northern Rock one else you might end up not being able to get anything.
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Andy GSi
Member
Registered: 24th Mar 02
Location: Shropshire, Drives 2.0l 16v Corsa
User status: Offline
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just rang halifax, and got one for 6.9% so gone for that, best out of the lot.
cheers guys for all comments
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ljames555
Member
Registered: 2nd Sep 03
User status: Offline
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did you get payment protection
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