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Wish to get a loan
inoentheartsoul
Posts: 3 Newbie
in Loans
Hi
All suggestion welcome
I have a plan to get a £10,000 loan for some personal use from my bank lloyds tsb. Bank offer me loan for the period of 1year, 3year, and 5year. lets assume i would go for 3year so monthly payment lets assume £200. After 3 month if i will return £7000 will bank reduce my monthly payment and after that interest would be on remaining amount which i own at that moment or still it would be on the whole amount?
Any better solution please let me know
All suggestion welcome
I have a plan to get a £10,000 loan for some personal use from my bank lloyds tsb. Bank offer me loan for the period of 1year, 3year, and 5year. lets assume i would go for 3year so monthly payment lets assume £200. After 3 month if i will return £7000 will bank reduce my monthly payment and after that interest would be on remaining amount which i own at that moment or still it would be on the whole amount?
Any better solution please let me know
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