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Start of a hard battle!
Comments
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Aw brilliant news about the loan! It will make things sooooo much easier! One monthly payment. One interest rate. No unexpected surprises!
Light at the end of the tunnel
:D Wealth is what you're left with when all your money runs out0 -
Great news :T
The hard bit starts now though.....there are lots of horror stories about consolidation loans....not changing old habits and creating more debt on top of the loan!
Make sure you are strict with yourself from now on
DEBT FREE AND PROUD
'Better to remain silent and be thought a fool than to speak out and remove all doubt'0 -
well done on the consolidation loan, however do not wrack the other debts up. Close all credit cards and accounts etc.Don't trust a forum for advice. Get proper paid advice. Any advice given should always be checked0
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pinkl0ve27 wrote: »I rang back Natwest. They were able to consolidate my old loan, overdraft and my PDLs into one loan which I will pay back over 5 years. Its a long time but at least I will have the PDL's out of my hair. One loan is easier to deal with than all them little loans so I am happy. I can finally smile and sleep easier!
Fantastic - what interest rate did they offer?0 -
Takeaway_Addict wrote: »well done on the consolidation loan, however do not wrack the other debts up. Close all credit cards and accounts etc.
That will not necessarily help as far as the credit report goes. From that point of view it would be better to wait up to 3 years for late payments to drop off and then close accounts. This would mainly apply to credit or store cards.0 -
That will not necessarily help as far as the credit report goes. From that point of view it would be better to wait up to 3 years for late payments to drop off and then close accounts. This would mainly apply to credit or store cards.
True but paying the loan in its own right will be good and if you leave avenues of debt open it just provides temptation that could be done withoutDon't trust a forum for advice. Get proper paid advice. Any advice given should always be checked0 -
Takeaway_Addict wrote: »well done on the consolidation loan, however do not wrack the other debts up. Close all credit cards and accounts etc.
Oh I intended too. Once they've all gotten paid I am closing them down with confirmatin of doing so!PDL Free!
Natwest Loan: 4,026.73 // Payment of 117.37 a month
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I have learnt the hard way and INTEND not to be burnt again.PDL Free!
Natwest Loan: 4,026.73 // Payment of 117.37 a month
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HeadAboveWater wrote: »Aw brilliant news about the loan! It will make things sooooo much easier! One monthly payment. One interest rate. No unexpected surprises!
Light at the end of the tunnel:D
Thank You:DPDL Free!
Natwest Loan: 4,026.73 // Payment of 117.37 a month
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Brilliant news pinklove, at least you have payday loans off your back and just the one loan at the bank. Very pleased for you :T 0
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