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loans allowing overpayment...

pollypig
pollypig Posts: 82 Forumite
in Loans
my OH is wanting to get a loan for £6500 to buy a car - but he only needs the loan for 6 months max and will be able to pay £1500 off next month and about the same the month after... I know that Egg allow overpayments/early repayment... are there any others that MSEs could recommend???

thanks!
:money: 2007 is the year to clear :money:

Debt as it stands :eek::
CC - £3800 @0% til July 07
Personal Loan - £14,351 (6.4% APR) _pale_

Proud to be dealing with my debts

Comments

  • tom188
    tom188 Posts: 2,330 Forumite
    can he not wait six months then have the money in the bank to pay anyway?
  • Laurenbelle
    Laurenbelle Posts: 225 Forumite
    Part of the Furniture Combo Breaker
    I know Halifax allow overpayments too!
  • andy6412
    andy6412 Posts: 3 Newbie
    why not apply for 2 0% credit cards on purchases
  • regularsaver1
    regularsaver1 Posts: 4,930 Forumite
    Laurenbelle wrote:
    I know Halifax allow overpayments too!

    But it doesn't change the monthly repayment, as a fixed payment contract - just ends the loan earlier
  • Podder
    Podder Posts: 17 Forumite
    Have you had a look at Cahoot?
  • pollypig
    pollypig Posts: 82 Forumite
    he can't wait... well doesn't want to!! his brother sells cars and has got a v.good one in at the moment - no guarantees what will be about in 6 months and this is the option he's decided on (he has no other debts - that's just me!!)... I'll suggest cahoot - thanks!
    :money: 2007 is the year to clear :money:

    Debt as it stands :eek::
    CC - £3800 @0% til July 07
    Personal Loan - £14,351 (6.4% APR) _pale_

    Proud to be dealing with my debts
  • pollypig
    pollypig Posts: 82 Forumite
    he can't wait... well doesn't want to!! his brother sells cars and has got a v.good one in at the moment - no guarantees what will be about in 6 months and this is the option he's decided on (he has no other debts - that's just me!!)... I'll suggest cahoot - thanks!
    :money: 2007 is the year to clear :money:

    Debt as it stands :eek::
    CC - £3800 @0% til July 07
    Personal Loan - £14,351 (6.4% APR) _pale_

    Proud to be dealing with my debts
  • pollypig
    pollypig Posts: 82 Forumite
    he can't wait... well doesn't want to!! his brother sells cars and has got a v.good one in at the moment - no guarantees what will be about in 6 months and this is the option he's decided on (he has no other debts - that's just me!!)... I'll suggest cahoot - thanks!
    :money: 2007 is the year to clear :money:

    Debt as it stands :eek::
    CC - £3800 @0% til July 07
    Personal Loan - £14,351 (6.4% APR) _pale_

    Proud to be dealing with my debts
  • pollypig
    pollypig Posts: 82 Forumite
    he can't wait... well doesn't want to!! his brother sells cars and has got a v.good one in at the moment - no guarantees what will be about in 6 months and this is the option he's decided on (he has no other debts - that's just me!!)... I'll suggest cahoot - thanks!
    :money: 2007 is the year to clear :money:

    Debt as it stands :eek::
    CC - £3800 @0% til July 07
    Personal Loan - £14,351 (6.4% APR) _pale_

    Proud to be dealing with my debts
  • pollypig
    pollypig Posts: 82 Forumite
    well, he doesn't really want to wait - he's found the car he likes and he's getting it from his brother who sells cars - so he's getting about £1000 off the normal price... anyway, that's his decision to make (he has no other debts other than his mortgage - I'm the rubbish one with money not him!!)... I'll suggest cahoot - thanks for that. not sure credit cards are the answer - although he has no debt he has had lots of different credit cards and so there aren't many left he can apply for!!
    :money: 2007 is the year to clear :money:

    Debt as it stands :eek::
    CC - £3800 @0% til July 07
    Personal Loan - £14,351 (6.4% APR) _pale_

    Proud to be dealing with my debts
This discussion has been closed.
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