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loans for overseas property

I need a small loan to pay off a time share investment. I called my own bank (barclays) and they told me they can not offer me a loan for that pourpose.

Having never needed a loan before, I am not sure whether to
give them or any other money lending instituton, another reason, ie. a holiday, (will they require proof of the use of the loan?) or pay using credit cards etc.

Comments

  • If the loan you require isn't too big why not get a 0% credit card and use that to pay it off? If you go to the menu on the left of this page you will see "Credit Cards" is 2nd and this area will tell you the best/cheapest one to get.
    The best way to escape a problem is to solve it :j
  • thesaint
    thesaint Posts: 4,324 Forumite
    Part of the Furniture Combo Breaker
    Don't tell loan companies that you want it for a time-share, say it's for a car or something.
    Well life is harsh, hug me don't reject me.
  • thank you for your advice.
    I am only concerned for being liable for providing false information if the lenders do look into the reason for my loan.
    I want to be assured that they don't.
This discussion has been closed.
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