I have recently made an application for a loan to consolidate two existing debts that I have - a £10,000 personal loan and a £6,000 overdraft.
I initially applied to both Northern Rock, and then Intelligent Finance
- neither of whom would help me. I suspect the main reasons for this are that I am only 2 months into a new job, and also that I have had 4 addresses in the last three years.
I went and checked my credit file with Equifax, and my credit score is
471 - with 475 being the benchamark for 'excellent'.
I have since tried to get the loan through M&S Money, with no success. Does anyone have any idea which company should be willing to give me the loan?
I earn £32,000 per year, with my only debts being my £517 per month mortgage and my £151 per month loan, so affordability isnt the issue.
Any ideas?
All help is much appreciated!
Thanks,
Geordie