Question:

I need a £400 loan but am out of work at the moment...details follow?

by Guest10848  |  earlier

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Ok a few weeks ago I lost my job, and have just passed my exam to get into college in September (Im 18 so its kinda my last chance) so am currently busy with moving into my flat which is in another city etc etc, but now Im in not alot but abit of debt Id like to clear, is there anyway I can, apart from a loan shark as they seem like the last option? x

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7 ANSWERS


  1. Find another job, how does taking out a loan get you out of dept. That's just stupid.


  2. Search "unsecured loans for unemployed" in google.co.uk  and go with the first company.

    He is best for the people who is unemployed.

  3. need a loan for £400 .don't worry its better for you to try for an online loan.i think that the below website will help you to find right solution.

  4. being 18 is not your last chance for collage im 20 and im repeating my school exams next june .your never two old to return to learn .if i was you ide defer my place in collage for a year and stay at home and work as much as you can to save then when you can afford it move out and then start collage.whatever you do dont go to a loan shark the interest they     put on the loan is amazing .ask your family im sure they would help you out

  5. If you are thinking about getting a loan, then you should know about the basics before you get started. If you understand the basic dos and don’ts of loans, then you will be better equipped to find the best loan for your needs. Whatever type of loan you are applying for, you should follow these basic rules to help you find the best deal<!--when searching for a loan, it pays to do your research. Look for as many suitable lenders as you can, so that you can find the very best deal. There are many online pages that allow you to compare loan rates from a variety of lenders. As well as looking online, check out your high street banks and mortgage lenders for deals too. You may find the loan that you need here,

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    If possible, try and avoid taking out secured loans. If the amount you need to borrow is small or you have good enough credit to borrow without collateral, then do so. Although unsecured loans have higher rates, they are less risky because your home will not be at risk if you cannot make the payments.Try and take a loan out over the shortest period-->you can afford. Taking loans out over 10 years or more can be risky, and you cannot be sure what your financial situation will be at that time.

  6. If you are out of work how do you propose repaying the loan?

    Dont think you will get a loan unless you can answer this question!

  7. Its better from you that you have loan sharks as last option. They normally charge high interest rates and threaten you when you fail to pay the debts. Since you just need a 400 pound loan you can choose to take a loan from private lender.

    Todays market is filled with bad credit loan lenders, who give loan for bad credit. The interest rate is also not so high.

    So the option for you is internet based loan lenders. Just search online to get a reliable lender. Apply online and they will contact you if you qualify.

    I hope http://loan-guides.net will help you in getting 400 ponuds bad credit online loan.

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