two loans

lmcamoes

Hi

Loan A)
Amount Outstanding £3700
Number Of Repayments 25
Monthly payment of £180

Loan
Amount Outstanding £10700
Number Of Repayments 51
Monthly payment of £210

I can pay monthly £500, what should I do? Pay one of it more quick?
Get a new loan and pay Loan A and B?

19lottie82

I'd throw all I could at the loan with the highest APR.

Why would you want a new loan?

lmcamoes

Consolidate both in just one.

DCFC79

lmcamoes wrote: »

Consolidate both in just one.

A. consolidation rarely works, depends on the person though and B the apr of the new loan might not even be less than the 2 you have now.

Pay the minium to the 1 with the lowest apr and pay as much as you can towards the other.

CLAPTON

lmcamoes wrote: »

Hi

Loan A)
Amount Outstanding £3700
Number Of Repayments 25
Monthly payment of £180

Loan
Amount Outstanding £10700
Number Of Repayments 51
Monthly payment of £210

I can pay monthly £500, what should I do? Pay one of it more quick?
Get a new loan and pay Loan A and B?

you have left out the most important details

what are the APRs of the loan

and if you could get a new loan ; what APR would it be

chesky

Why would you think the advice would be different from when you posted on 2nd February.