For me this was the only option left, so i opted, but requested to please lower the interest rates though the person is having low credit history.DCU does not offer Debt Consolidation Loans however you we do offer Personal Loans that may be used for this purpose.
This product has great features but interest rates are high, person who is already suffering debt issue cant afford this much high interest Loan but some time we dont have option and to build credit history yes we can go with this kind of Loan.Once approved for a SUN, a direct submitter must build the technical expertise in-house to collect, store and submit correct payment information to Bacs.This requires in-depth Direct Debit expertise, as well as Bacs approved Direct Debit management software.She helped me with receiving a loan to help pay some of my credit card debts off, and open a new checking and savings account.We spent about two hours to accomplish everything I needed and trust me my time was not wasted.The bank assesses your application according to your business’s ability to meet the Direct Debit scheme requirements.
It’s worth keeping in mind that applying for direct submitter status can be a long process, often taking months.
There are two main methods for accessing Direct Debit: going directly through your bank, or through one of the Direct Debit bureaus.
With the direct access method, large organisations wishing to manage their Direct Debit collections in-house can become ‘direct submitters’.
If you own your vehicle and there is no loan against it you may use it for collateral for an Auto Loan.
For eligible borrowers we will offer up to 100% of the current value of the vehicle.
The rate offered may differ from the Representative APR shown.