We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

which loan? I'm confused!!

keyan
keyan Posts: 4 Newbie
:confused:

I need a car now but we are waiting to sell our house & until this is done we cannot afford the £6000 we would like to spend on a car, so an unsecured loan appears to be the best option. Once the house is sold, then the loan would be paid off immediately.
Does anyone know which loan company offers the best deal? ie. no early settlement fee, low repayments per month. Should I go for a 'buy now pay later' loan or just get a normal loan & pay it off early?

Please help!! :A

Comments

  • Wafoo
    Wafoo Posts: 95 Forumite
    Part of the Furniture Combo Breaker
    Buy a bangar with tax and mot till the house sells,then sell it for no loss on ebay,then buy the car you want,why saddle yourself with more debt?
    Total debt 2003 £29658

    Debt now £ 21 but haggling!,Haggled now gone up!

    Sorry,forgot the bloody card!!!!!!,was £6000 now down to £4896,now down to £3198,now £2756!
  • keyan
    keyan Posts: 4 Newbie
    thanks for that, but I already have a banger!! I need a more reliable car because I have a new job which requires more travelling
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.