Can't get credit - What are my options?

I am a british citizen but I didn't grow up in the UK. I moved back here 2 years ago, have a full time job and rent an apartment with my sister. I have never missed a payment and have no debt. I have always been anti credit cards because a close friend got into trouble so I have always believed if you can't pay cash then you can't have it. Unfortunately being so responsible with money has worked against me because I now have no credit history. Because I only moved back to the UK 2 years ago, I don't have a previous address that's valid, I don't have collateral and I don't have a credit history and as such have been refused credit cards and extended overdrafts.





The problem is that I have to move house next month which will require a large deposit and first months rent paid out in full. Because this was an unexpected cost, I don't have savings to cover it and needed credit to allow myself to pay it off over a couple of months. I have enough income to cover the cost over a few months but not in a lump sum.





I cant get credit and I cant afford my deposit - SO, Short of becoming homeless - what are my options to be able to cover the cost of my deposit?





Thank You!|||Its interesting that others have suggested staying put when you appear to state that you MUST move, and have no choice but to do so. So, in those 2 years have you made any friends? Can any of them let you use their couch for a month? Have you asked? Perhaps asking your employer for an advance?





For the future, I would suggest getting a savings secured credit card, one that has a pound for pound credit limit for each pound in savings. Then use that to charge a few things you know you can pay off each month and get a credit rating going. Then, should you run into this problem again or another like it, you could close that card down and get your savings back.





I'm guessing no parents or relatives that you can get help from?|||Stay put until you CAN afford to move. But of course you are not going to do that so when you go in debt JUST to make a move and get it finally paid off then start saving money for an emergency fund.|||Contact the local housing authority or family services.


They may be able to help you get into the home.|||If you don't have the money and can't borrow enough to pay for the move then you will either need to stay where you are until you can afford to move or perhaps move into temporary quarters until you can save enough. Another option may be to see if you can work something out with the new place to pay over a couple of months rather than all at once. I would not worry too much about getting credit. You are much better off paying cash. That is how most people get into trouble. There is always the temptation to spend or buy things you cannot afford. Unfortunately, there are too many who succumb to the temptation and get themselves into trouble.|||If you want an instant loan with no credit then the option you have is a payday loan. But you should be aware that these loans have a very high interest rate. If you are sure that you can repay the amount by your next payday then possibly this could be the best option for you. Or else i would suggest you to stay where you are currently and save aggressively to move out to a new house.





For more information about payday loans you can visit the site http://www.paydaybank.co.uk





Regards|||Stay where you are and keep paying cash. You said it was an unexpected expense, deposit and first month's rent is normal. To be honest if you cannot afford the deposit and the first month's rent you cannot afford to move.





Get an evening job, work at McDonalds or somewhere.