We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Advice...
richardcarey
Posts: 1 Newbie
in Loans
Hi,
I'm a regular MSE viewer, just never posted before..
I have a current loan over 5 years @12.9% APR started last october (07) and my repayments are £152 pm..
I got the loan to consolidate some existing debts on CC's and to enjoy myself a little bit as was 2/3's of the way through my Gas apprenticeship, I'm now fully qualified and earning half decent money, I'm looking at clearing the loan within a year but I'm not totally sure I'd get accepted for a decent rate on a loan, or if accepted at all..
I had 2 credit cards at the start of the year and have paid both of them off now (£3000) I have worked out that I could probably spare around £500 a month as currently still live with parents.
Does anyone know of any companies who would lend over a perod of about 9 months to clear the loan at a decent rate? currently have a settlement figure of £5900.
using the smartsearch on Moneysupermarket I get "needs improvement" and these loans are at extortionate rates.
Any suggestions/advice would be much appreciated!
Richard
I'm a regular MSE viewer, just never posted before..
I have a current loan over 5 years @12.9% APR started last october (07) and my repayments are £152 pm..
I got the loan to consolidate some existing debts on CC's and to enjoy myself a little bit as was 2/3's of the way through my Gas apprenticeship, I'm now fully qualified and earning half decent money, I'm looking at clearing the loan within a year but I'm not totally sure I'd get accepted for a decent rate on a loan, or if accepted at all..
I had 2 credit cards at the start of the year and have paid both of them off now (£3000) I have worked out that I could probably spare around £500 a month as currently still live with parents.
Does anyone know of any companies who would lend over a perod of about 9 months to clear the loan at a decent rate? currently have a settlement figure of £5900.
using the smartsearch on Moneysupermarket I get "needs improvement" and these loans are at extortionate rates.
Any suggestions/advice would be much appreciated!
Richard
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards