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loan query
I have some small debts that I wish to consolidate into one. I also have 2/3 purchases that I do need. Now the loan amount required is not that high. It would be about 5-6k which would include my car HP, my only credit card and clearing the balance on my pc as well as purchasing new settees.
All the loans I look at give a high apr however if I were to go for more money the apr would be less.
Now if I was to get a high loan and repay immediately the surplus would I would I be penalised in doing so.
what are your thoughts. I do not want to do anything that messes up my job. I am in a fsa regulated job
any tips advice suggestions would be appreciated
All the loans I look at give a high apr however if I were to go for more money the apr would be less.
Now if I was to get a high loan and repay immediately the surplus would I would I be penalised in doing so.
what are your thoughts. I do not want to do anything that messes up my job. I am in a fsa regulated job
any tips advice suggestions would be appreciated
would love to be a home owner. hate private renting
scared of debt. almost debt free.
0
Comments
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would have thought that the high apr would still apply???what you would need to do is ask the lender what their rules are on one off payments.
but tbh its never a brilliant idea to repay credit with more credit.0 -
very true but I just want to have my debts in one place and just pay it off. saving money on interest etc where possible.would love to be a home owner. hate private rentingscared of debt. almost debt free.
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why will it save interest?0
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as the debts will cleared sooner rather than later and I will not need any new credit for ageswould love to be a home owner. hate private rentingscared of debt. almost debt free.
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1..what are your debts... amount, APR, monthly payments
2. if you are struggling to pay these why are you considering getting new debts?0
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