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!
A problem
Hello,
Its my first visit to this board and I couldnt find an answer so forgive me if this has already been asked.
A friend(L) of mine is trying to fund her masters degree and part of the stipulation is that 25% had to be paid in April.
As L was low £1,000 a friend (P) offered to lend her the money. When L asked if P would like to put something in writing P declined.
P has now decided she needs the money back alot earlier than anticipated and L is getting very upset as she still needs to get together £11,000 in fees alone.
We are looking into fundraising and she has applied for various grants and I have suggested a career development loan to think of covering the £11,000 but this doesn't eliminate paying £1,000 to P.
Should she take a loan out to cover the £1,000 and pay P off?
Thanks in adavance and sorry to drone on!
Its my first visit to this board and I couldnt find an answer so forgive me if this has already been asked.
A friend(L) of mine is trying to fund her masters degree and part of the stipulation is that 25% had to be paid in April.
As L was low £1,000 a friend (P) offered to lend her the money. When L asked if P would like to put something in writing P declined.
P has now decided she needs the money back alot earlier than anticipated and L is getting very upset as she still needs to get together £11,000 in fees alone.
We are looking into fundraising and she has applied for various grants and I have suggested a career development loan to think of covering the £11,000 but this doesn't eliminate paying £1,000 to P.
Should she take a loan out to cover the £1,000 and pay P off?
Thanks in adavance and sorry to drone on!
"It would be so nice if something made sense for a change" ~ Alice in Wonderland
0
Comments
-
More of a moral dilemna, I would have thought.Space available for rent0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards