Basically..

tom_smith_2

I want to take out a £4000 loan...


But I cant get accepted anywhere. I dont earn enough a month

My sister earns alot more than me.. so she could get the loan.


Say my sister was to get the loan......she would say pay back the loan £100 a month..

But I would then need £105 taken out my account each month and put into hers. (abit of interest)

How do I go about this..

We both bank with Natwest and Halifax

Hope for some good answers

much apprecaited

tom_smith_2

Bump


thanks

Bob_the_Saver

Will she lend me £4000 if I pay her only £5 a month interest, is she a registered charity.

tom_smith_2

tom_smith wrote: »

Hope for some good answers

^^ - Thanks

thechippy

Bob_the_Saver wrote: »

Will she lend me £4000 if I pay her only £5 a month interest, is she a registered charity.

Another post on the forums tonight trying to irritate someone.

Bored tonight are we?
Nothing better to do?

..........;)

CLAPTON

assuming you have internet access to you account then

you can set up a standing order so that you pay your kind sister 105 per month... you need her bank sort code and account number...

best to do a trial transfer first for say £5 just to test everythoing is OK

Bob_the_Saver

I do not understand.
Someone takes a 'commercial' retail loan from a 'normal' financial inistitution for £4000 and gives said £4k to a relative.
Relative then pays them the capital repayments (at £100 per month) which they pay to the bank or whatever.
My question is where can the man or woman or sister in the street borrow £4k and pay only £5 per month interest?

Neilhmtn

Bob_the_Saver wrote: »

I do not understand.
Someone takes a 'commercial' retail loan from a 'normal' financial inistitution for £4000 and gives said £4k to a relative.
Relative then pays them the capital repayments (at £100 per month) which they pay to the bank or whatever.
My question is where can the man or woman or sister in the street borrow £4k and pay only £5 per month interest?

You seem to think the OP's sister will borrow the £4,000 at commercial rates, then accept 40 x £105 pm, making a total of £4,200, from the OP.

That may well be the case, but I don't think the OP has supplied enough information for you to assume that, so your umbrage might well be misplaced.

At any rate, I'm not sure why someone's having a generous sister should bother you so much in the first place.

Bob_the_Saver

Does the sister know anything about this yet? OP doesn't say that she does.
tom_smith earns less than £70 per week, do we really want to encourage him to borrow £4k???????

In his dreams

QUOTE FROM PREVIOUS POST

Hi all

I want to take out a £3000 loan

I earn £300 a month..

and would like to pay back £80 a month over about 5 years

I have tried all the major banks etc but they declined

Can anyone recommend anyone please

I have been looking for a while but had no luck


Hope someone can help

Much appreciated

Thanks

Neilhmtn

F!!!ing dammit. I didn't see his other thread.

Bob_the_Saver

Not important, how's things in the UK, still hot hot here in the VERY South of France,
although there were a couple of clouds today and only 28c.
Is that clown Gordon Brown still there? If so when's the revolution?
Libert!, !galit!, fraternit! Sorry that bit didn't cut and paste very well.
It means something along the lines of, I am a free man not a number,
now where have I heard that before?