Bad credit need loan wish to clear debts fast.

A question about : Bad credit need loan wish to clear debts fast.

Hi

I need a loan of between Ј6,000 (minimum to consolidate debts) and Ј10,000 (maximum to give us breathing space).

We have poor credit history and are soon to be starting afresh we are trying to find a sympathetic : lender who will consolodate all our debts into one low repayment so we can clear them as fast as possible. We can only afford to repay a maximum of Ј200 per month but just want to get shot of the debts so we can move on into being debt free and actually saving money.

Will this work best on a loan or a 0% credit card over longest period? ???

Anyone know of a good lender who understands and not just grabs money?

Heddwen

Best answers:

• Hewdden
  If you sell your house for more money, your question becomes irrelevant :
  Ring some other Estate Agents NOW!!!!!!
• Hi Amillion
  As I have said before I would love to but its too risky. It would be ok if we werent in the situation were in already (I know you know what I mean from my other threads) but we're not.
  Thanks anyway for the encoragement I only wish we could be totaly debt free to start with a sparkly clean slate!
• Hi Heddwen
  There are no "sympathetic" lenders out there - that's not the nature of the game.
  I would suggest that you borrow the absolute minimum that you need, over a short period (say 3 years). Do not borrow excess.
  You should be able to live within your means once you have moved to your caravan - if you cannot then you are going to find yourself back in the same situation as before. If you are disciplined you may be able to save a small amount each month.
  Good Luck