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Loan Advice
I currently have a loan with natwest which stands at £18000 and im currently making monthly repayments of £345, Im looking at getting a loan elsewhere with a better rate to pay it off, im having no problems making these repayments but it does leave me short in my current circumstances, im not an expert when it comes to finance so im looking for advice and guidance from people who have been in the same situation any help or advice will be greatly appreciated, thankyou for your time.
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Comments
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Hi
What is your salary? If the amount you owe is equal or close to how much you earn then you won't get another loan
You would be better off posting an soa so we can advise where you can make cutbacks to get this debt paid off.14/12/24: Debt total; £8,00007/12/24: Debt total £9,000
07/12/24: Savings: £19,0000 -
Unless you have an income of at least 60k then there is almost no chance that you'll get another loan...0
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