We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Alternative source of credit
beintheblack
Posts: 1 Newbie
in Loans
Hi can anyone please help me!
A very good friend of mine lent me some money (£2.5K) cos I was in a desperate situation at the time. I've been meaning to pay him back - 13 months now - with my work bonus but this hasn't materialised as you can imagine cos of the downturn.
My company have promised me in writing, a guaranteed bonus of £5000 when we hit two consecutive months of profit which is now looking like March at the earliest. But my friend NEEDS this money now (and I could ask him to wait but it's been far too long and don't want to abuse his kindness).
My lines of credit with banks and other associations are completly exhausted and I'm really stuck. Is it possible do you think that there's a credit facility that will allow me to have access to £2.5K under the proviso that I have a guarantee from my emploeyers - it is formally written in writing.
Please advise.
A very good friend of mine lent me some money (£2.5K) cos I was in a desperate situation at the time. I've been meaning to pay him back - 13 months now - with my work bonus but this hasn't materialised as you can imagine cos of the downturn.
My company have promised me in writing, a guaranteed bonus of £5000 when we hit two consecutive months of profit which is now looking like March at the earliest. But my friend NEEDS this money now (and I could ask him to wait but it's been far too long and don't want to abuse his kindness).
My lines of credit with banks and other associations are completly exhausted and I'm really stuck. Is it possible do you think that there's a credit facility that will allow me to have access to £2.5K under the proviso that I have a guarantee from my emploeyers - it is formally written in writing.
Please advise.
0
Comments
-
I wouldn't expect so - not least because the offer of a bonus isn't guaranteed, it's conditional based on profit which is something you have no control over.0
-
Could you start paying your friend back a set amount per month? It's better than nothing.Unless I say otherwise 'you' means the general you not you specifically.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards