loans

elly_belly

i need a loan as i am moving into rented property with my boyfriend and we ar going to rennovate it. we do not have joint bank account at moment so i am going to take loan out in my name and give my bank details. however we plan to get joint account when we get the house so will i be able to change the bank details with the loan company?

Wutang_2

elly_belly wrote: »

i need a loan as i am moving into rented property with my boyfriend and we ar going to rennovate it. we do not have joint bank account at moment so i am going to take loan out in my name and give my bank details. however we plan to get joint account when we get the house so will i be able to change the bank details with the loan company?

ask themmmmmmmmm

Emmzi

1. probably
2. really? I wouldnt take on debt on behalf of a bloke I was just about to move in with - what if he walks away
3. why would you renovate a rented house for the benefit of the landlord? Find somewhere less manky and pay slightly higher rent - much safer

Tixy

You would certainly be able to change which bank account the dd comes out of but if the loan is in your name only then you will be legally liable for the whole loan, putting it in a joint account will not make your boyfriend legally responsible for the debt.

I would only do this if you can afford to pay the full loan yourself should you split up or boyfriend loses his job etc.

Peelerfart

Wutang wrote: »

ask themmmmmmmmm

you radical ba5ta9d !