Quick Student Mortgages When Unemployed
Fortunately for us, we found fast student loans during our period of unemployment a great source of extra income but it did come at a price. As you can imagine, we soon found the answer to get the cheapest possible loans available whilst studying.
On our first attempt to get a student loan we were knocked back due to our limited income. We could not prove in any way that we could repay the loan. Sure, family could help repay a loan if required, but we were told if that was the case then to borrow from our family.
There were two ways we went about getting a fast loan. The first was getting a part time job stacking shelves at the local food market. We did this for three weeks and saved exactly one quarter of our pay and put it into a savings account.
When we made an application for the loan we only asked for two hundred and fifty dollars. We used one hundred and fifty dollars of that borrowed money to boost our repayments. So instead of repaying $45.00 per week we paid back $65.00 per week.
Each payment we made, we would attend at the financiers office and make the repayment. We soon got to know everyone in the office and were on a first name basis.
The next time we applied we were receiving unemployment benefits in the form of a schooling benefit. We borrowed one hundred and fifty dollars and made our repayments the same way as before, personally in the office.
When the second loan was paid off, we were told we were good customers. Apparently anyone who repays their