Overdrafts/Loans

[shifty_uk]

Got myself into a bit of a tricky situation. I was left redundant the other week, but I'll not get any redundancy money, only my wages(which aren't a lot as I only worked a couple of days). I've got a couple of interviews lined up, but I'm worried incase I get a job and don't have enough money to see myself through the month, never mind buying uniforms etc.

So, my question is: What qualifies you for an overdraft, or a loan even? Do they need to see a steady income over a few months and access it from their? Or, would they just give me one upon asking and telling them I was newly employed?

Thanks.

 

[ste_bla]

If you have shown a steady income you bank would normally give you a O/D unless you have a lot of bad history

Natwest have given (after asking for a small O/D) twice our joint monthly income!

 

[shifty_uk]

If you have shown a steady income you bank would normally give you a O/D unless you have a lot of bad history

Natwest have given (after asking for a small O/D) twice our joint monthly income!

Do they not check their systems to see if you've been out of work?

I'm with Halifax btw.

 

[neocon]

don't do it

 

[lookitsjonno]

your saying you haven't got enough to pay the bills at the moment, yet you want to go out and get a loan which will boost your monthly outgoings further

overdrafts are a cheap and easy way of borrowing small amounts money - ring your bank up and they should get one added within minutes if you have a decent account history

alternatively, can you not sell some old stuff on ebay?