I have never had a loan or credit card before as I'm only 20. recently i have had to use my savings on a flat deposit and am running into some trouble getting my new life together. I have had bank charges in the past but am making sure that doesn't happen again.

Using tips from this site i applied for an EGG personal loan this morning and have just been refused... WHY??

I don't understand why as my credit scoring is deemed to be fair. but now it's gone down because i have been refused. If i don't get some money together soon, i can't move in to my new flat and lose all the money i put down on it and will not have anywhere to live...

I need some urgent help or advice from anybody!

If you could help,i'd be more than grateful...

Lauren Ayres