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£14K loan

rfeenie
rfeenie Posts: 124 Forumite
Part of the Furniture 10 Posts Combo Breaker
Hello

I am considering getting a £14,000 loan.
I would be grateful for some advice as the £14K will be used to clear my girlfriends debt .

She would then pay me back monthly with a bank standing order. She is looking to pay back £300 a month.

I have never took out a loan and have worked for 9 years and now have a salary of £21,000.

Thanks

R

Comments

  • Goldfish are doing loans at 5.9% at the moment. You can apply on line. There are no early repayment penalties.

    I presume this is a very stable relationship ;)
  • rfeenie
    rfeenie Posts: 124 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Thanks for the reply MM.
    Have applied to Northern Rock for one @ 5.8% with no early pay penalty. we will sell what happens.
    and yes the relationship is stable ( 4 years now) but I will be getting a letter knocked up by the solicitor !! :P
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