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Are there other poor credit finance options apart from loans?


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Written on: 08.11.2009 [17:09]
Kurt
Kurt
Topic creator
Posts: 3
I need some help managing my household expenses at the moment, and I'd like a small amount of flexible credit to keep the wolves from the door. I'm not keen on loans after bad experiences in the past. What other poor credit finance options are there?
Written on: 15.11.2009 [12:32]
Mahen
Mahen
Posts: 2
Depending on your exact circumstances, I reckon there are a few different sources you could try. If you are super organised with your repayments and won't be tempted to overspend, you could apply for a credit card with a manageable limit? Some credit card companies will offer you credit even with a poor credit history: you may have to jump through some paperwork hoops first though. Setting a small credit card limit allows you to 'keep the wolves from the door' if the need arises, but prevents your spending more than you can afford to repay. If not, would an overdraft be an option?

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