paying for your BA, did you save the money? Finance? Or loan? ADVICE PLEASE!

Hey girls!

So basically I’ve been accepted for finance but wanted to try get a loan instead, just wanted to see what my options are, I’ve got a good credit rating, but no where will give me a loan?

Anyone had trouble with this also? Advice please thanks!!xx

Hey chic, i got a loan with tesco an have poor credit rating (even though i pay everything on time) i applied for a £4000 loan that they accepted an was in my bank within a week, im paying £142 for 3 years, all together i have to pay back £5100, but im looking to pay it off much earlier! They were so helpful and you dont have to start paying the loan until 2 months after its in your bank! Xxx

I meant to say im paying £142 a month for 3 years! Xxx

Hey babe!

Did you contact them at all? Or did you do it online? I really think I’d rather have a loan than finance!! But need to cancel a few store cards before I ring haha xx

I done it all online! An then they phoned me! But i filled alll my details out online its so straight forward, considering i have poor credit rating too!! Give it ago babe xxx

I also got a loan with tesco.
I borrowed 5000… didnt need that much but the Apr was much less at 5000+
..
I will be paying 220 per month for 2 years paying back a total of 5242…

amazing I thought x

hiya 🙂
i went with the finance option of £199 a month and a £1000 deposit, i have a credit card with a limit of £8000 but thought a direct debit finance option would be best because it would come out automatically same day every month! xx

I defo will Samantha!!

That’s sooo good Rachel!! I’m only part time at the moment 🙁

Helen are you glad you went with the finance? Ive got a £500 credit card but they won’t let me increase that either 🙁

I’ve tried a few loan companies but everywhere declined me 🙁 so I’m going to cancel my store card that I cut up because I couldn’t control myself haha! And ring banks and companies tomorrow if they’re open, I feel like with a loan it’s more ‘my money’ I’ve got finance on a car already so I don’t know if that effects me at all!

This is very helpful thank you all!?

Just a bit of advise as I work with credit scores, everytime you apply and get declined then it lowers your score more. Depending on how high your score is reflects your current a valuable credit limit. So if your current limit allows for up to £6k but you already have £7k then you will always be rejected. Only way to get it back up is to consistently make payments and clear current cards etc

I’ve got a £500 credit card now, but they won’t let me up that either 🙁 think I’ll just go with the finance cause I wax accepted for it straight away!!xx

Hi Samantha. When you say your credit score is bad….how bad is it? What is your current score? Sorry to be nosey! Thanks ☺️ Xxx

I’m only part time at work. 16hrs a week hun. it’s worth a shot for such a good deal x

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