Loan taken out after illness

BillJones

fatstan40 wrote: »

Thanks to those who have posted helpful comments. Just to clarify I am not looking for a way not to pay my debt. I was just looking for advice.

Advice about what, though? You agreed the loan, agreed the terms, and took the money, and now will be obliged to pay it back.

That being said, you've not accrued much interest yet, so you can very likely pay it back without having paid very much in total for its use.

If you've spent it, then you'll need to refinance, or just overpay (if the terms allow, please check), to get rid of the debt as rapidly as you can.

You've not said what rate of interest you were paying on your previous debts, but you may well find that you are not much worse off with this new loan than you were previously.

Oh, and cut up all of your credit cards, now. You took the loan out because you'd overspent on them, so need to make sure that you don't go there again.

Gaz83

fatstan40 wrote: »

Thanks to those who have posted helpful comments. Just to clarify I am not looking for a way not to pay my debt. I was just looking for advice.

Maybe the place to "clarify" would have been the first post, likes. As the poster above says - what exactly are you looking for advice on?

[Deleted User]

I`ve had a number of TIAs over the last 15 years and they only take hours maybe a couple of days to recover from,cva`s are a different matter my first took away some left side use my second ended up with my severe epilepsy
OP how much was the loan for?maybe 20.9% apr wasnt such a bad rate if under £3000 or so

-taff

What do you mean , 'in supporting your husband'?
Do you mean you got it out to clear his debts? If this is the case, are those debts still ongoing? Did he force you to get the loan? Is he paying anything to it?