any feedback would be appreciated, also does anyone know of any companys that specialise in loans for people with bad credit for consoladation purposes (10k ish over 8 years) must be unsecured
thanks, but is there any companies out there who can help i dont mind paying 15% apr cos i currently pay �800+ on loans overdrafts cards etc so if i can reduce it to �200 that will be great, im very desperate and no that i will be paying a fortune for the money but as i said im totally desperate, the government should be putting money into helping people consolidate debts at affordable aprs instead of just throwing at banks ( who will only lend to people who dont need it)
I suppose that is one point of view.
Another would be that banks lend to folks who they believe can pay it back.
It's a circular argument, because it is the people/businesses who can't pay back their loans in the first place that caused the problem that resulted in the banks needing Government money in the second place.
See my previous answer (a couple of years ago!!). DO NOT TOUCH THIS COMPANY WITH A BARGEPOLE. They totally ripped my husband and myself off. I cannot understand how they are allowed to keep 'trading'. They are corrupt and dishonest.
yeah i see your point but a change in employment circumstance, i e my hours have been cut down to 25 from about 60 means im bringing in less so cannot afford to pay �800 permonths on a car loan, 2 credit cards and council tax arrears, so my best option is to consolidate and pay about �150 a month
Hi Yecats,
I've paid my finders fee to Wentworth today, I got �10k at a flat rate of just over 8% which is VERY competitive for someone with poor credit.
I'm hoping it will go a LOT further - to actually getting the money - shall I keep you informed?
By the way - I represent finance companies for a living - it's a nightmare out there, so be careful, OK!!
Come join the facebook group fighting agenst Wentworth: Rip-off: Wentworth Direct Finance (group names)
samples: Don't touch 'em with a barge pole!
Wentworth Direct is a company that should not exist and this group is all about people who have been robbed by them and for all of us to com to gather and express our feelings because no one seems to listen. To share ideas of how to get out £59 back.
Juat got a text saying I had been aproved for a loan, not provissionally APPROVED. I was suspicious as I have paid a broker fee in the past n just been scamed.He said pay the £59 fee. So I asked him the money is coming directly from you? He said yes, no guarantor and you have been excepted. Then I find out that they are just a broker, why would I pay money fro them to send me out application forms?!lol. Guy must think am a complete idiot so thats why I asked him and hes blatantly lied to me straight by saying they are NOT a broker and comes DIRECT from them which is all lies. Im going to be contacting the FSA about them and do my best to get them shut down. I know sales people, Im one myself so we do dodge questions but he just lied alogether. STAY CLEAR OF THEM!!!