Loan with chequebook?

BarGin

I used to have a Marks & Spencer Personal Reserve account where they gave you a chequebook so you only borrowed what you actually needed. Do any banks still offer this?

I need it to pay some hefty bills whilst probate is sorted after the death of my father. As I am not sure how long this will take. It shouldn't take too long as the will is straightforward.

BarGin

lisaburton

I know beneficial finance offer this service but im not too sure what their rates are like.

msaquib

Co-Op has a Flexible Loan which offer cheque book. The APR is 13.9 which is much better than M&S 18.9&.

http://www.co-operativebank.co.uk/servlet/Satellite?c=Page&pagename=CoopBank/Page/tplPageStandard&cid=1076486827687

M

Rafter

The other thing is to get a flexible loan from someone like Egg that you can draw down and then repay as and when. Open a high interest savings account or ISA and the difference between the rate on the loan and the savings shouldn't be too great?

Rates are likely to be a lot lower as long as your credit rating is good.

Other thing is to arrange an overdraft, but fees are likely to be expensive when spread over a short period.

Good luck.

R