Small Loan

shona1985

Hi

I have a small amount of debit of around £600 through credit card and an insurance policy... I would like to get rid of it and consolidate it into a small monthly payments

Most places you need to take out £1000 but I am not keen to take that amount out. Just the £600 over a 6 months period would be perfect. I have had a look online for a small one but they are not companies widely known and I am a bit wary of going down that road.

Any ideas?

Rafter

Shona,

The interest rate on a loan of that length and for that much is unlikely to be much cheaper than your existing credit card.

You just need to go on a money diet and pay £100 per month on top of the interest bill each month on your card if you want to be clear of it in 6 months.

Good luck

R.