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MY Loan
Outstanding amount: £5672.55
Remaining Weeks: 39
Right I got this 7k loan out under my parents name in order to get cheaper interest but because I have been in and out of work ive struggled with some payments which my mom has had to make arrears: £1200, Ive just found a job starting tuesday.
Problem: Mom and dad are hitting financial difficulty so could really do with the £1200 that I cant give them, plus i need £300 for a deposit on a flat.
Solution?: We are thinking about getting an extra £1500 on the loan which will probably up the payments to an affordable whilst working £200 from £145.
Would this be the best solution or any other suggestions?
Thank You.
Remaining Weeks: 39
Right I got this 7k loan out under my parents name in order to get cheaper interest but because I have been in and out of work ive struggled with some payments which my mom has had to make arrears: £1200, Ive just found a job starting tuesday.
Problem: Mom and dad are hitting financial difficulty so could really do with the £1200 that I cant give them, plus i need £300 for a deposit on a flat.
Solution?: We are thinking about getting an extra £1500 on the loan which will probably up the payments to an affordable whilst working £200 from £145.
Would this be the best solution or any other suggestions?
Thank You.
Poverty 2012 - F**K My low wage!
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