2nd Charge Consent Given By Mortgage Company But With Terms We Don't Agree With.

CKhalvashi

electribem wrote: »

About £5,000-£8,000 should get a decent motor to last a few years. The remainder of the loan would be used to get a brand new garden which would increase the property's value.

MERRY CHRISTMAS & A HAPPY NEW YEAR!! :beer:

£1000 will get a decent motor that should last a while, too.

My mother had her Focus for about 4 years, and has put nearly 90000 miles on it in this time. Until last week, it's never put a foot wrong, and even then it was a minor repair.

Are you thinking of selling? If not, an expensive garden will be of little use

lynz68

You seem to be ignoring the fact they are not obliged to lend you anything and with having arrears you are very lucky to have been offered any sort of loan.

You also need to remember any defaults on your credit file are there for 6 yrs so this is not going to fix your credit file.

Debt consolidation rarely works are you really going to cancel those credit cards?

While a nearly new car and a nice garden would be lovely they are not essential. I've had many cheap and cheerful cars over the years and only bought a more expensive car when I could pay for it with my own money nothing more satisfying than knowing it's all yours.

As for the garden forget about it make do with what you have or learn more about it and do it yourself.

You cannot borrow your way out of debt I hope I'm wrong but unless you get a grip of your spending habits it's only a matter of time before you're back in the same situation.