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Advice needed regarding first time loan
jswrichardson
Posts: 2 Newbie
in Loans
Hiya guys,
I am new to the forum so apologies if this question could have maybe been answered somewhere else within it.
I have recently received money from family members in order to help finance the purchase of a car in order to undertake a new job with a 100-mile commute. However, I am looking to make a payment back to one of my family members for the sum of £1000.
After only graduating from University last month, I have not had to deal with finance, and the possibility of maybe taking out a loan or credit card before. I am looking to pay back the amount over a 10 month period at £100 per month, or perhaps less if money allows.
Please could someone inform me of the best way to approach this situation in order for it to be most financially viable.
Regards.
I am new to the forum so apologies if this question could have maybe been answered somewhere else within it.
I have recently received money from family members in order to help finance the purchase of a car in order to undertake a new job with a 100-mile commute. However, I am looking to make a payment back to one of my family members for the sum of £1000.
After only graduating from University last month, I have not had to deal with finance, and the possibility of maybe taking out a loan or credit card before. I am looking to pay back the amount over a 10 month period at £100 per month, or perhaps less if money allows.
Please could someone inform me of the best way to approach this situation in order for it to be most financially viable.
Regards.
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