help me find cheapest way of borrowing 5 grand

isley_2

HI,
I have had some great advice recently from you helpfull people on this forum and back for more advice. I have read through the other main pages on the sit and am a bit baffled with too much info. Could someone advise me on the most cost effective way to borrow £5000. It is for a new van for my new business. I have filled in an online quirie and now am bombarded with offers for a loan that seem very expencive. I know that I have probably done the wrong thing even approaching these people but it was just a quirie to find out how much it would cost me. Is there a cheaper option through credit cards or a bank loan etc. What do you guys think is thee most sensible way to do it. Thanks

Isley.

mich_roh

I regularly use https://www.moneysupermarket.com for comparing stuff. I was looking for a £5000 loan and put it into this website and Zopa and Northen ROck and Moneyback Bank come in cheapest at around 5.9%AER for a good credit rating.

I have never got any dodgy emails from any of these providers as you dont have to put your email in. Hope this helps

mich_roh

thanks for the advice smithj6, but i can see that there are many 'ifs' and 'buts' on this site ... but thats my personal opinion