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 when i could apply for a loan or credir card card

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T O P I C    R E V I E W
ajithk6 Posted - 01 September 2008 : 19:27:01
hi
i have been bankcrupt last year and now i been discharge this month, so can you teel please tell me when i could apply for a loan or credir card card?
3   L A T E S T    R E P L I E S    (Newest First)
John Posted - 02 September 2008 : 00:07:26
Hi

you've pretty much said it all harbourmaster.

www.Bankruptcyhelp.org.uk
0800 078 9367
harbourmaster Posted - 01 September 2008 : 20:13:08
Should be OK for a mortgage if you have a big enough deposit aj.
As for unsecured my understanding of the loan market is that you may well struggle in the current climate. I think a credit card will be a no no for another few years but one of the experts will tell you in more detail.
Needafriend Posted - 01 September 2008 : 19:31:38
Hi and welcome,

Well providing you are not subject to a BRU or BRO then when ever but its down to the credit company as they will look at past records. While its not impossible post discharge you may end up with higher charges and also interest rates if applying for a loan. If im not correct another expert will advise but i beleive this is how it works now.
Thanks

Keep Smiling
Jo :)

"There is light at the end of the tunnel, if you cant find it get a brighter torch"
You can read my updated blog here:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/

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