Short Term Loan Discussion Area

Marigold123

Ah, I see now.

Thanks for clarifying Joe_Bloggs.

MSE_Martin

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auban

I recently bought a house in France on the strength of being able to sell 11 acres of land here that is worth more than the house in France. Unfortunately, the land isn't going to sell quickly, but the closing time for payment in France is approaching. If I don't pay in time I lose the house and the deposit, and the vendor also loses out (by French rules). I want a short-term loan (or two) to the value of £45,000 until I can get the land sold. I am not employed, but a retired drop-out who owns land. How can I get money ? Do I tell Northern Rock that my occupation is 'landowner' even though it is only 11 acres ?

june2rose

My mums looking to borrow anough money so she can replace her old banger with something that will see her through till she pops off, her words not mine. 70 years young, living quietly on her own in a cosy little council bungalow. rich shes not, doesnt own any credit cards and hasnt got a loan with the banks, she's just paying off on a bit of furniture. usual income from the state and income support pays the rent. Question is does mum go to the bank or use the garages finance for a car and get ripped off or can she raise the cash another way over a short period and avoid paying loads of interest on the money. Living out in the sticks a cars a must to maintain her independance and to get around and stave off the inpending madness due to the isolation. Lost for ideas and not being a financial wizard i thought i'd give the forum a go and see what you whizz kids could come up with. looking for your input please to pass on to mum.

Rafter

On state benefits alone, she is not going to get any decent finance rate from a garage or loan company.

If she really can afford to service a loan and run a car, someone is going to have to provide her with the loan security to do it.

I would suggest a £1000-£1500 car would do the job and that you or another family member finance it for her and get her to make a contribution from her small income.

R.

tugs_2

There's some excellent advice on this thread, but it all appears to be about 3 years old, which (I assume) means that it's mostly out of date.

Can anyone tell me if there are currently any cards that give you free super balance transfers, i.e. cash transfers into bank accounts? If not, is there something nearly as good? I need a bridging loan of around £15,000 for two or three months and hope that there's a free or at least low-cost way of getting one via credit cards. Any pointers much appreciated.