How can i get an unsecured loan?
How can i get an unsecured loan in the UK, with no credit score. Ive tried a threw internet based companies, but ive heard applying for to many looks bad on your credit score
Answers:
The more you apply for & get turned down the worse it looks on your credit rating.
The best option for you is to take out small loans & pay them back preferably early as this will improve your credit rating do this 4 or 5 times & your credit rating will improve a lot.
The only companies that deal with unsecured/low or no credit score will charge an extremely high rate of interest & I mean high, for example Provident charged a total payback of £534 on a loan of £300, Welcome Finance are owned by Provident also now & most people get accepted by them because the payback is so high
take a business plan to a bank ... even a personal plan that shows your income / employment, assets and liabilities, and plan for repayment of the loan.
look for a pre-paid MasterCard or Visa - if available in UK
Go to an Islamic "loan for goodness"bank.they give such a loan!
it depends on lot of factors
go to your local credit union and open an account if you put in a small amount each the will give you a loan the interest is very low
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Answers:
The more you apply for & get turned down the worse it looks on your credit rating.
The best option for you is to take out small loans & pay them back preferably early as this will improve your credit rating do this 4 or 5 times & your credit rating will improve a lot.
The only companies that deal with unsecured/low or no credit score will charge an extremely high rate of interest & I mean high, for example Provident charged a total payback of £534 on a loan of £300, Welcome Finance are owned by Provident also now & most people get accepted by them because the payback is so high
take a business plan to a bank ... even a personal plan that shows your income / employment, assets and liabilities, and plan for repayment of the loan.
look for a pre-paid MasterCard or Visa - if available in UK
Go to an Islamic "loan for goodness"bank.they give such a loan!
it depends on lot of factors
go to your local credit union and open an account if you put in a small amount each the will give you a loan the interest is very low
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