long term loan no equity

fisherboy

hi all, does anybody no of any companies that would give a long term loan of £15000 even though i havent enough equity in my home to secure it against - thanks in advance for any replies:j

_Andy_

So you're after a personal/unsecured loan of £15k then.

fisherboy

yes, was hoping to get a home owner loan on the mortgage for around 20 - 25 years but the company wont do it because of the lack of equity

MrsTinks

20+ years for a £15k loan??? That's a VERY long time... You looking at what? a £100 monthly payment ish once you look at adding apr etc... I think if you look at a shorter term loan like 5 years you might stand a chance... at which point it becomes a matter of your income vs other debts.