Where to get a loan

[Secret-Ninja 10]

hi everyone,

 

im trying to get a loan to get a new motor bike, my bank are very very hard to get a loan from so im wondering if anyone knows of any other places i could get a loan from iv seen tescos do one but how safe are they.......

[truman 10]

Is this any good?

 

http://www.moneysupermarket.com/

[Secret-Ninja 10]

i know a few places but are they safe and not going to charge me well over the odds for getting a loan

[truman 10]

i know a few places but are they safe and not going to charge me well over the odds for getting a loan

 

Use the comparison site above..you'll get a broad picture of what your loan could cost you..

[Secret-Ninja 10]

ok thank you.

[kidley 48]

Banks have got the lowest interest rate so expect to pay more any where els,

[Secret-Ninja 10]

i know but actually getting one from santander is like trying to get water to turn to wine

[kidley 48]

if your credit rating is ok try another bank, Halifax is allways trying to lend me money

[shane39 10]

hi everyone,

 

im trying to get a loan to get a new motor bike, my bank are very very hard to get a loan from so im wondering if anyone knows of any other places i could get a loan from iv seen tescos do one but how safe are they.......

 

Try a credit union!

Normally offer better rates than mainstream lenders.

[Chris_Sleeps 10]

Try a credit union!

Normally offer better rates than mainstream lenders.

Quite the reverse, actually. They're expensive to borrow from compared to high street banks. They're only a good option for people who have bad credit and can only find expensive credit.

 

Sheffield Credit Union.com

Gold Loan (12.68% - 26.8%)

Available to members who have saved a regular amount for a minimum of 12 weeks or 3 months.

 

Bronze Loan (26.8%)

Affordable loans which do not require a savings account but under the condition that you begin to save with us.

Edited April 18, 2012 by Chris_Sleeps

[*Turbo* 10]

If your not sure whether you can get a loan try Nationwide. They will do a 'soft' credit search and will let you know your anticipated APR.

 

If its too high then cancel and this will not leave a mark on your credit file. If you have or keep applying for credit with lenders this will have a detrimental effect on your credit score.

 

Also try to get a credit report through the likes of Equifax, this will also give you an idea as to whether you can get a loan and a decent apr.

 

Good luck, lenders, especially lenders part owned by the government are not brilliant at giving loans out should you have or had a dodgy financial history.

[barleycorn 10]

If your not sure whether you can get a loan try Nationwide. They will do a 'soft' credit search and will let you know your anticipated APR.

 

If its too high then cancel and this will not leave a mark on your credit file. If you have or keep applying for credit with lenders this will have a detrimental effect on your credit score.

 

Also try to get a credit report through the likes of Equifax, this will also give you an idea as to whether you can get a loan and a decent apr.

 

Good luck, lenders, especially lenders part owned by the government are not brilliant at giving loans out should you have or had a dodgy financial history.

 

Moneysupermarket will also do a soft search (i.e. no trace to lenders) of your file and report your likelyhood of getting a loan from various lenders in their results.

Depending upon the amount you want to borrow it may also be worthwhile looking into putting it onto a credit card and then shifting the balance to another card at 0%. This should only be attempted if you have a good rating and memory.

 

jb

Edited April 18, 2012 by barleycorn