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Which Loan?
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Cameron1590_2
Posts: 193 Forumite


in Loans
Hi All,
Looking to borrow £2500-£3000 over 24//26months to purchase a new motorbike.
I am 18, what type of credit is best?
Obviously Im after the cheapest type of loan, but I am pulling my hair out with looking!
Thanks
Looking to borrow £2500-£3000 over 24//26months to purchase a new motorbike.
I am 18, what type of credit is best?
Obviously Im after the cheapest type of loan, but I am pulling my hair out with looking!
Thanks
0
Comments
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Cameron1590 wrote: »Hi All,
Looking to borrow £2500-£3000 over 24//26months to purchase a new motorbike.
I am 18, what type of credit is best?
Obviously Im after the cheapest type of loan, but I am pulling my hair out with looking!
Thanks
Depends on many factors like your salary, any CCJ's, any debts plus other things ? First place to start is your bank who know your account.0 -
At 18 you won't have much if a credit file at all which will work against you.
Have you registered to vote?
Is your mobile account in your name?
Best to stick to your own bank as they have most information on you from what little there is.
Do not get tempted to start randomly filling in forms on the internet. There are lots of scams waiting for you, don't get caught out.0 -
Well hp providers like you to be 21, like most banks these daysDon't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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Save £150 a month for two years.
Then see if you still want a bike when you're 20.0 -
The loan where you don't take out a loan but save up."All truths are easy to understand once they are discovered, the point is to discover them."
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