Can a graduate get any financial help even though they’ve been refused previous loans because of bad credit?
I am in a bit of a pickle and really worried. I am a recent graduate and have been in full time employment since October 06. My salary is £14,000. Due to family circumstances I had to move out in November and ever since have struggled because of the transition. Christmas has left me penniless. I tried to apply for a loan to help me get my feet off the ground but due to bad credit from my student days and because I have moved so much I was refused.
Now I don’t have enough money for my rent or bills and keep missing payments. So now my credit is getting worse and everything is spiralling out of control.
I don’t know if my bank (Natwest) could offer me any help.
Does anyone know what I should do or have any advice please? Would mean a lot xxx
Paying off debt you owe is always good.
“If you are worried about your poor credit history then you will not get any credit. There are many lenders who provide loans to people whose credit record is bad, but at a higher interest rate. You can get bad credit loans from some lenders quickly and easily.
Before you apply for a bad credit loan, there are some points you should first take into account. The only eligibility for the bad credit loan is poor credit history. To increase your credit score, ensure that the details of your loans are sent to major credit bureaus. “