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is it easier to get loan for debt consolidation or large purchase
hermione08
Posts: 83 Forumite
in Loans
hi, i wonder if anyone can advise me, is it easier to be approved for a loan if it is for debt consolidation or if you are buying eg a car ?? also are you more likely to be accepted by your own mortgage or current account provider. Thanks
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Comments
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Home improvement loans will give you the best outcome with a longer term. The most you can usually get for a car is 3 to 4 years.
Who you go with depends on how much you need. If your credit rating is good just go for a good loan deal anywhere. If it is a large amount a re mortgage or draw down might be best to keep the payments lower.0 -
hi, thanks lizzy, it would be about 7000 over 5 years ,0
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