20k Loan needed

cripes_2

my mate spent about 40k on his wedding.. It was ACE!

dont get drawn into some debate about how much a wedding should cost...its not worth it.

Try your own bank first if they lent to you before, providing you paid them back

imoneyop

NaturalBornHustler wrote: »

I earn 2500, partner earns 2k, the BTL which is in a E1 (Shoreditch) postcode gets 2100 PCM.

So why are you wasting 40k on a wedding when your income really doesn't support it - have to appear like the big spender to friends and family I guess?

tinkerbell28

NaturalBornHustler wrote: »

I am 33 years old, still living with parents (thankfully) I earn 2500, partner earns 2k, the BTL which is in a E1 (Shoreditch) postcode gets 2100 PCM. You can do the maths all you like!! im not a troll, neither am I bragging, these are facts and if people ask why cant i wait for the loan etc, I have no choice but to explain my circumstances and yes, i do watch the pennys when i have set a goal to save each month! and YES it was cheaper wine which I purchased from Calais, not beer - thats included on the reception)

so what you now saying is that someone who has a substantial amount of income has to pay full price retail for their booze? surely that theory suggests everyone on MSE are "poor" which i can tell you is NOT the case! financially savvy YES

Where on earth did I say that? I wouldn't say your earnings were substantial either. Like in my previous comment. I agree with you. I think it's ludicrous to presume someone with 4k disposable wouldn't use MSE. Why on earth not?

It's about personal perspective isn't it? That income for 2 around London, depending on profession I would say is pretty run of the mill.

What I did find very odd though, was the bragging of no expense spared on the wedding, yet the threads on cut price booze and the maths doesn't add up.

So people can get themselves in a tizz over it, or just accept there is probably some poetic license in there somewhere.

NaturalBornHustler

cripes wrote: »

my mate spent about 40k on his wedding.. It was ACE!

dont get drawn into some debate about how much a wedding should cost...its not worth it.

Try your own bank first if they lent to you before, providing you paid them back

glad you had a good time Cripes and glad there is someone on my wavelength!!

I will certainly ask Natwest
Provisional quote suggests the following

£20,000.00
over 5 years
Representative

7.5% APR
Interest rate

7.5% p.a. (Fixed)
will cost

£398.39 per month
Total amount payable:

£23,903.40

I will now see what the comparison is if I took 10k and the other half took 10k

:beer:

NaturalBornHustler

imoneyop wrote: »

So why are you wasting 40k on a wedding when your income really doesn't support it - have to appear like the big spender to friends and family I guess?

its only just under a years salary for us? and no, i dont appear as a big spender, financially on the ball, yes.
Dont be bitter, be better

NaturalBornHustler

tinkerbell28 wrote: »

Where on earth did I say that? I wouldn't say your earnings were substantial either. Like in my previous comment. I agree with you. I think it's ludicrous to presume someone with 4k disposable wouldn't use MSE. Why on earth not?

It's about personal perspective isn't it? That income for 2 around London, depending on profession I would say is pretty run of the mill.

What I did find very odd though, was the bragging of no expense spared on the wedding, yet the threads on cut price booze and the maths doesn't add up.

So people can get themselves in a tizz over it, or just accept there is probably some poetic license in there somewhere.

Personal Preference - you hit the nail on the head!!
And you are right, our earnings arent anything spectacular compared to some people i know but certainly comfortable
And there was extreme cost cutting and haggling on the wedding so "no expense spared" is not really a fair thing to say.
As the post in regards to the "booze cruise" suggested, i had a free crossing to calais so why not kill two birds with one stone and pick some cheap booze up!!

imoneyop

NaturalBornHustler wrote: »

and no, i dont appear as a big spender, financially on the ball, yes.

I don't think you can be classed as financially on the ball if you are spending money that you haven't got on one day.

Research shows that you'll possibly still be paying for the loan when the divorce is finalised.

NaturalBornHustler wrote: »

Dont be bitter, be better

I have no reason to be bitter about your low earnings or your desire to waste money.

NaturalBornHustler

imoneyop wrote: »

I don't think you can be classed as financially on the ball if you are spending money that you haven't got on one day.

Research shows that you'll possibly still be paying for the loan when the divorce is finalised.



I have no reason to be bitter about your low earnings or your desire to waste money.

The wedding has been paid for - as already mentioned so either you have issues with reading posts or just generally a bitter person

This isnt a market research forum - as you can imagine, the loan would be cleared well under a year -FACTS also suggest you cannot divorce before 12 months so either way, as they say..."we good!!"

but thanks for your input in regards to the OP - you are providing us with some great entertainment!

guestman

you earn £4500 between you both correct? you have 4000 left after your mortgage ? I thought you had a 400k house? but yet you have 4000 spare after paying the mortgage , so £500 a month mortgage on a 400k house? oh ye, you just said you still live with your mum.

NaturalBornHustler wrote: »

my partner and I earn around 4k a month after mortgage/outgoings

NaturalBornHustler wrote: »

I picked up a run down house for 400k and I put down the value of your house

NaturalBornHustler wrote: »

I am 33 years old, still living with parents (thankfully) I earn 2500, partner earns 2k,

NaturalBornHustler

guestman wrote: »

you earn £4500 between you both correct? you have 4000 left after your mortgage ? I thought you had a 400k house? but yet you have 4000 spare after paying the mortgage , so £500 a month mortgage on a 400k house? oh ye, you just said you still live with your mum.

due to complete in a few weeks
we actually earn close to 7k monthly (with the BTL) but after we complete, the outgoings would bring it down closer to 4k

yep - living back with mummy and daddy, sold my house years back before the "recession"
trying to pay rent and save in London :rotfl:- you clearly have no knowledge of the "real world"