How many of you have taken out a loan and for what purpose?
I really want to buy a car and do this BUNCAC paid work in New Zealand scheme but it costs several grand for both and it would take me months to save up so I was thinking of taking out a loan for about £7,500 .
However, as soon as I mention the purpose of the loan they refuse the lending.
Does anyone have any ideas on what companies are more understanding. I'm certain I'll be able to pay off the £150 a month .
If I say I'm getting the loan for a car and actually spend it on this trip it would count as felony surely!?
It's not like it's just a jolly abroad. I'm actually going to get paid work out there and it's only for a couple of months and when I get back home I will buy this car.
I have a good credit rating, ( only have one credit card nearly paid off, no store cards) and I'm really rather sensible with money.
So any advice please from you financial types out there...? Should I just give up on my plans? I know I could just save up money but I want to do these things as soon as possible!
Also what are your experiences with loan companies?