Joy of Joys

fatblokexl

in August 2007 i took out a loan on a 7 year term. repayments were £260pm and i have managed to keep this from my other half for this whole time.

the last payment is due next month and i cant wait.

the elation i have been feeling for the last 6 months is wonderul knowing i have seen it out, not refinanced (as i have done several times in my life) and in no hurry to get another.

just thought i'd let you all know that taking a loan to refinance may seem good at the time - and may be the only option for some- but DAMN!!!! it feels soooo good knowing you are now going to have some spare money in the bank/pocket for the finer things in life.

i may even start to over pay a little on my mortgage and reduce that a bit too :j

kwmlondon

Ooohhh, I don't envy you having that over your head for the last 7 years! Well done on getting it shifted, nice bit of self-discipline.

Apples2

But this is outrageous, you should be claiming it was all mis-sold, they should never have lent it to you and be claiming all the payments back plus compo.

dealer_wins

Well done OP, you are that 1 person in about 1000 that sees a refince loan through without racking up many other debts and needing a further refinance.

Actually its probably 1 person in 10000, be very proud, and when that evil loan finishes keep paying the monthly amount, but into a savings account, and build up a fund so you will never have to borrow again EVER!!

iolanthe07

Well done, but is it wise to keep debts like this hidden from your other half?

Clive_Woody

Apples2 wrote: »

But this is outrageous, you should be claiming it was all mis-sold, they should never have lent it to you and be claiming all the payments back plus compo.

Behave yourself

bargainbetty

iolanthe07 wrote: »

Well done, but is it wise to keep debts like this hidden from your other half?

Personal choice, and it's nearly done. Wisdom or not, the OP has almost cleared it.

Congrats, nothing more!