Year 12s: what will be the first way you research your future options? >>

Best loan place?

Anonymous #1

Apart from the bank where is good to get a small short term loan? Any recommendations or experiences?

Reply 1

martin7

Original post by Anonymous

Apart from the bank where is good to get a small short term loan? Any recommendations or experiences?

What do you mean by "small"? My idea of "small" might be different to yours.

What do you mean by "short term"? My idea of "short term" might be different to yours.

How old are you? Do you have any form of income?

Reply 2

Anonymous #1

Original post by martin7

Small as in £150 just for 2 weeks and yes I do have a source of income

Reply 3

Surnia

Why do you need a loan instead of saving up or even using an overdraft?

Reply 4

Anonymous #2

if you’re part of credit union they allow you to borrow

Reply 5

Anonymous #1

Original post by Surnia

Why do you need a loan instead of saving up or even using an overdraft?

I don’t have access to my savings I was given access but didn’t keep the card in order to not use them. As for the overdraft I tried but they don’t accept me since I’m a student paying rent.

Reply 6

Surnia

Original post by Anonymous

I don’t have access to my savings I was given access but didn’t keep the card in order to not use them. As for the overdraft I tried but they don’t accept me since I’m a student paying rent.

So, you've got an income and a bank account from which you can access money for day-to-day expenses, but you can't manage your finances to find £150 for a couple of weeks? If you can't get an overdraft, why do you think you'll get a loan, and why would you when it will cost more than £150?