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consolidating loans
katiemurphy2000
Posts: 7 Forumite
in Loans
Hi,
I have jsut finished my masters, and now, thankfully, have a job with a secured income for the next few years. The problem is I have three sepearte loans to pay back, all for quite small amounts, and two overdrafts. I was wondering if it would be best to consolidate them, because the monthly repayments will be a lot :S to consolidate them I would have to borrow about £12-14 k.
Any suggestions?
thanks,
Katie
I have jsut finished my masters, and now, thankfully, have a job with a secured income for the next few years. The problem is I have three sepearte loans to pay back, all for quite small amounts, and two overdrafts. I was wondering if it would be best to consolidate them, because the monthly repayments will be a lot :S to consolidate them I would have to borrow about £12-14 k.
Any suggestions?
thanks,
Katie
0
Comments
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how much is each debt
what is the APR
what is the monthly payment
how many payments to go
how much do you earn
how much can you afford to pay back each month0 -
read read read0
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payments will be in pounds £350, and then £550 after January
i'll be earning in euros about 2200,
it's doable, but mean i'll still be living like a student, better than getting myself into more debt i guess!
Katie0
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