How can I avoid being in this situation again?
We all get into sticky situations and sometimes an unemployed loan is the way out. If you’ve made the decision that it’s the right loan for you then make sure you pay the instalments on time and in full.
To avoid any future hiccups, you can look at improving your credit rating. Doing simple things shown in the list below should help you:
- Check your details are correct with the credit reference agencies such as Experian, Call Credit and Equifax
- Put your name on the electoral register – lenders like to check you live where you say you do
- Don’t apply for lots of different loans or credit cards at the same time – if you keep getting rejected it’ll show up on your credit report
- Always, always pay your credit cards and loan payments on time and in full
Whatever you do, don’t panic. We can help find you a loan even if you’re unemployed. All you need to do is compare the market with us to find one that’s right for you – no fuss, nothing complicated, just simple.