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secured loan question
littlemisscarole
Posts: 48 Forumite
in Loans
Is it possible to get a secured loan on an interest only payment? All of the sites I've looked at only show repayment options.
I actually need a short term (1.5years) borrowing product with the lowest repayment options and no early payment penalties and I'm finding it difficult to know where to turn.
Any advice would be much appreciated.
I actually need a short term (1.5years) borrowing product with the lowest repayment options and no early payment penalties and I'm finding it difficult to know where to turn.
Any advice would be much appreciated.
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Comments
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Firstly, why do you want or need a secured loan?
Have you thought about a series of 0% credit cards? You'll need an SBT card to start with.
If you only want to pay the interest, how are you going to repay the loan?
I think we need a bit more information about what you're trying to do, so we can find the best option.Warning ..... I'm a peri-menopausal axe-wielding maniac0
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