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Personal loan- help much appreciated!!
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They love you to do that as it makes more money for them.The limit on the card is £500. I am just paying the minimum payment- I heard somewhere they liked for you to do that, would it be better to pay more than the minimum each month?
It does not help your credit file, in fact you will have minimum payment markers on your credit file. It's better to pay off more than the minimum each month and even better for you to pay off in full each month if you can."We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about” – Albert Einstein0 -
5,000 loan on say an APR of 20% over two years will cost 250 per month
do you have that spare?EU tariff on agricultual product 12.2%
some dairy products 42.1% cloths 11.4%
EU Clinical Trials Directive stops medical advances0 -
Yes, £250 per month would be within my budget
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Save and then go to a car auction. You'll get much more for your money, and buying one with a £5k loan means you're gonna pay closer to £10k for it.0
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If you can afford £250 a month then in two months you can get a Peugeot 306, 70k on the clock from Preloved. It'll have low tax and insurance and when it breaks down just buy another one, keep saving your £250 a month and in a year you'll have a much better car.I'm a qualified accountant but please make sure you get expert advice as any opinion is made in a private capacity.
"A goal without a plan is just a wish" Antoine de Saint-Exupery
Mortgage overpay 2012: £10,815; 2013: £27,562
Mortgage start £264k, now £232k0
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