FINANCE HELP!!??

I had my 1st consultation yesterday and everything is perfect, I’d already done all the research. Planning to go with the finance option but thought I’d try some other cheaper ones first. I’ve basically been told I won’t get a credit card or a loan because I’ve only been self employed 4 weeks. Before I worked as employed for nearly 3 years. They said everywhere will ask for a year’s books and obviously I don’t have that. I don’t have anyone I can ask to put it in their name because my mum won’t be accepted, my dad doesn’t even want me to get it done and majority of my friends are at uni. If you have any advice I’d really appreciate it, I’m devasted because I stupidly assumed I would get it and had everything laying on it, even booked the surgery date. I can get my deposit back and I’m aware I could just save. But please if you have any advice xxx

I am in the exact same position!xx

Do you think the loan company will call up your work? Lol no way would they… Just put your old work place down 😉

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Hey hun. Most of these finance schemes work off your credit history and income. If you have a regular income and history of income and also paying off credit cards or mobile phone contracts etc then you should be fine.
Have you been outright rejected already by all finance schemes?x

They can’t ring up your work your work wouldn’t give them any info under the data protection act like Rosie just said all they can look at is your credit history.. To see if you are using up all your credit if you have late payments etc as this would show your struggling with debt… If you make payments on time always you shouldn’t have a problem there they can’t see your income again the banks are not allowed to disclose that info x

And they can see previous addresses of which you have been on the electrol registar x

Thanks girls but I don’t make any payments (bills etc) so they can’t see if I make them on time and I’ve always lived at the same address. Also would it not look dodgy if I apply to one now using my previous job as I didn’t use that on the others? People have told me to lie on it but tbh I’m not keen on taking the chance of getting caught out for fraud xx

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It might be an issue if you dont have any payments etc as thats how you help build your credit score along with being on an electoral role etc. You can go online and check you credit score for free. Might be worth doing to see what its like before you apply. X

Hi Lucy know how you feel …. This is what in worried about I haven’t applied for the Mia finance yet as i too was looking at cheaper options ….. My bank won’t give me a loan as my partner is self employed and I’m part time self employed/part time employed …. It’s crazy

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Hoping my part time employment will make me eligible for the finance from mya … As they said 16hrs min and Im contracted for 25hrs

I’m worried about the finance, I’ve been paying my own bills and just paid my car off after 4 yes. Scared ill not the the fiance with mya as Igot declined a credit card. Font understand that

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