Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 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!
£25000 unsecured loan help
dylanclarke
Posts: 4 Newbie
in Loans
Hi,
Basically i took out a loan from Northern Rock in November for £25000 to consolidate lots of other debt. In June 2005, i started working in a new job with much better pay so i should earn around £60K this year. Even with this however the loan they offered me was with a 12.9%APR. I ended up taking it out as i was going abroad to work for 6 weeks after that.
The question is i am not at all happy with the rate though and would like to try and take out another loan for a similar amount and pay this one off as there are no redemption penalties. Will trying to take out another loan with this one so new present problems and who should i try. Also i am hoping to pay most of the loan back in the next 12 months so a loan without redemption penalties is a must.
As of today mine and my wifes credit reports are good, my score is at 919 and my wifes who was on my loan application was 972 even though she earns half my wage.
Any help is appreciated.
Basically i took out a loan from Northern Rock in November for £25000 to consolidate lots of other debt. In June 2005, i started working in a new job with much better pay so i should earn around £60K this year. Even with this however the loan they offered me was with a 12.9%APR. I ended up taking it out as i was going abroad to work for 6 weeks after that.
The question is i am not at all happy with the rate though and would like to try and take out another loan for a similar amount and pay this one off as there are no redemption penalties. Will trying to take out another loan with this one so new present problems and who should i try. Also i am hoping to pay most of the loan back in the next 12 months so a loan without redemption penalties is a must.
As of today mine and my wifes credit reports are good, my score is at 919 and my wifes who was on my loan application was 972 even though she earns half my wage.
Any help is appreciated.
0
Comments
-
Hi there
I have a £25k unsecured loan. I got it with HFC my rate was 7.2 APR
No early repayment chargeSmile and be happy, things can usually get worse!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179.1K Life & Family
- 264K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards