I need a Loan

Candyapple

Or if you can find the laptop that meets your specs on Very's site and you passed their credit check to open an account with them (usually quite easy) then you could do a buy now, pay 12 months later and just make sure that whenever you have the money saved to clear the debt and close the account. I'm only recommending the above assuming you have the discipline to put the money aside and not just spend it and when the 12 months are up, end up paying silly interest.

http://www.very.co.uk/web/en/bnpl.page

DomRavioli

Remulos wrote: »

How much longer is that machine likely to last though? £300 a year is going to be more costly than £700 for something that will last the next 4 or 5 years. Short-term thinking is what got me into the mess with the debts in the first place.

Well considering my machine has been up and running for a year, and is likely to last me a good couple of years (you have to be discerning with what you buy, wait for something in your price range as they do come around) I'm not sure what your problem is.

I think you may be addicted to debt - there isn't a need to get a loan, you could put it on your card, or come up with a solution for spending that much money on christmas presents (there's a christmas board with lots of suggestions, and we would be glad to have you pop over); I'm guessing the reason you go into debt was not just short term thinking, it was thinking that you could go on like that - and that hasn't changed. You said you didn't need anything too flashy, but you WANT something you can game on.

You need to change your thinking, not get another loan - you will end up on the debt spiral again very quickly.

Save up, buy what you want when you HAVE the money. That's what most people do.

macman

Why not sell some 'stuff' on ebay/|Gumtree to raise £300 for a refurb?

JKSandy

http://www.getonlineathome.org/


£169 for a laptop or £119 for a PC. They may not be the best quality but they function.

Herzlos

You're going to be throwing away at least £300 in interest on any loan you get for a £700 laptop. If you can even get finance.

But seriously, any machine made in the last decade can handle what you want it to do, albeit slowly.

You'll be much better off is you spend your spare £300 on a refurb (does it need to be a laptop?) to keep you going for the 2 months it'll take you to raise your £600, then sell the £300 laptop for £250 and buy your £700 laptop with £50 left over

The argos refurb site is a good shout, but try gumtree too - there are 80 laptops for sale within 10 miles of me, posted in the last few days.

If you need more power - you can set up an amazon cloud account and do the heavy lifting over there, or just go for a coffee whilst it's churning away. I've batch-edited thousands of 16MP raw images on a 1.2GHz netbook before. It's not fast but it's totally doable.

Or you can pay an extortionate rate and pay over £1000 for the same laptop 3 months earlier. Which would be literal madness.

joeblags

intel i3 laptop from ebay and a cheap ssd drive, that will load tasts quickly and run quite a few programs at once

MEM62

Remulos wrote: »

This obviously isn't generating any income so I'd still class it as a hobby.

You're absolutely right that wanting things now was a key driver in my debts and that's why I'm very aware of that kind of behavior now. But I wouldn't put a laptop or computer in the same category as 'hobby' things like a games console or bigger TV. Like most people now, a large portion of my life is online and I can't ignore that.

History will repeat itself.

JimmyTheWig

Remulos wrote: »

But also, I wasn't actually asking about laptops, I was asking about loans. The question would be the same if I was actually buying £700 worth of methamphetamine's.

And you'd get the same consensus. Don't do it!

TrustyOven

Remulos wrote: »

So I can see that I'm not going to get my actual question answered. DomRaviolli, Candyapple - thank you for your comments and constructive ideas. Thank you everyone else for your condescension. I'll figure something out.

Stop having a tantrum because you are not seeing people reply with "yes, get yourself into more debt and have the new shiny toy that you want (not need) right now".

Why does it have to be a £700 machine?
£450 ish ones brand new are perfectly fine.
Save up for it and buy with your own cash.