Goddard

I graduated this year, getting a 2:1 in maths from Notts uni. Since graduating I've just been labouring on a building site to pass the time until I go travelling in February. I'm earning £300 a week before tax. With what I've earnt I've sorted a few debts out I had and also paid for the flights for when I go travelling.

I have two problems that have arisen.

Firstly, I had planned on getting a loan of £5k for travelling. Howeverm I applied at my bank (Barclays) and they're turned me down, which is worrying me now.

If I had a job lined up then I think it would be easier to get a loan, and I'm looking for jobs in the actuary market in the midlands. What sites would you recommend looking for jobs? Or even what companies?

Also, do you reckon I could get a loan from another bank, without the grad job lined up, and if so, where?

Thanks, I am actually the most unorganised person in the world.

Kris

trouble is that you have very little credit history and with the current credit crunch, even personal loans are being affected.

Don Baker

Did you apply for a graduate loan, or a normal one?

Goddard

I applied for a normal loan, since I don't actually have a graduate job lined up

JoeWesthead

Are you up this weekend? I think Bradshaw's up..

I take it the Bank of Mum and Dad doesn't extend to £5k?

Goddard

no i cant make it this weekend joe, i know wuite a lot of people are up though.

I think bank of mum and dad is a no-no.

In other news, I do get a road trip to chelsea next week thanks to us trouncing villa in the last round

JoeWesthead

Yeah well we'd only have lost to Chelsea so saved ourselves the trouble of another match.

So how does everyone else save up for these trips? You're working full time so I can't imagine people having done more work than you. What are Tom and Andy doing?

I'm probably speaking out of turn here and I've not ever done this myself, but as a last resort you could use a credit card with 0% for a year if you got desperate - I'm sure I'll get shot down for that idea though

Gimp_Basket_Smiles

I have a credit card with excellent credit history, earn more than Goddard is atm and they still only offered me half of what he wants. Plus most 0% interest cards are 15 months absolutely tops, and I imagine he is travelling for a year, which means he'd only have 3 months where the 0% would help him, after that he'd be on an interest rate double what a loan would be, unless he applied for a different card and did a balance transferrrrrrrrrrrr

Goddard

I'm travelling for just 5 months.

I think graduate loan is the way to go, I just need to find a bloody job

Matt Jones

Credit card then. 0% interest. When it's up, transfer to another one.