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no credit history

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BigRooster | 18:29 Wed 29th Feb 2012 | Personal Finance
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Hi does anyone no where I can get a loan for just £1000 so I can put down on a rented accommodation I'm after but as I have no credit history finding it a bit hard.
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My first stop would be at your bank. If they know you're working and have a sensible bank account, they ought to consider a small loan like that.
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That would be my first place to start but still need a second or third option.
if you have a Bank account which has been run in order, ie no unauthorised overdrafts or 'bounced' cheques a £1000 personal loan should pass credit scoring. It will mainly be based on your history with them. Depending on how long the account has been open they may do a credit register search which if has nothing detrimental should not pose a problem. Obviously they have to be sure that you cn afford the repayments.
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