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what loan would you suggest?
gazza975526570
Posts: 3,275 Forumite
in Loans
hi
i need a loan of about 5k. i have an excellent credit card and i need a potential short term loan. is there any available that can be repaid early with no additional charges (or low additional charges?)
thanks.
i need a loan of about 5k. i have an excellent credit card and i need a potential short term loan. is there any available that can be repaid early with no additional charges (or low additional charges?)
thanks.
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Bank of mum and dad?
I came into this world with nothing and I'm gonna leave with nothing.0 -
not an option im afraid otherwise i would have already knocked on that door......0
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Thanks grumbler.
teh lowest apr on these is 8% and was looking for something lower than this. are these the best i can hope for in these market conditions with these requirements?0 -
Flexible loans are always more expensive. However, for a short-term loan interest rate is not very important. Also be aware of the fact that that the interest rate is 'typical' and is not fixed. Regarding Cahoot see this thread a few lines below: Cahoot Flexible Loan0
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Have you tried a 0% interest rate credit card?0
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I'd agree with grumbler, because of the short term nature of the loan a 1 or 2 % difference in APR shouldn't make a huge difference. I have a loan with Cahoot which allows me to pay off more or less each month, or settle early without any charges. However the APR is now 8.7%, when I opened it with a 6.5% (like credit cards they can change the APR at any time). APR's for fixed term loans aren't changed and usually you will only incur a charge of two months interest.0
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Definately try EggDanielle -x-:p0
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