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£2500 loan.

Where can I get a small loan of £2500 repayable in 3 months and with low interest rates?
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Comments

  • 19lottie82
    19lottie82 Posts: 6,032 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    What's your credit history like?
    Current salary?
    Any existing debt?

    What's it for? A credit card sounds
    I've a good option.
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Where can I get a small loan of £2500 repayable in 3 months and with low interest rates?

    Look at the loan calculators on many lenders websites, under £7K and the interest jumps up a fair bit.

    If you are intending on making payments of £833 plus the interest, then I would suggest you save this amount and by 11th May you will have your £2500.
  • What you need is an overdraft. Or possibly a credit card.
  • Herzlos
    Herzlos Posts: 16,073 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Where can I get a small loan of £2500 repayable in 3 months and with low interest rates?

    Is it for a "sound" investment?
  • Mahsroh
    Mahsroh Posts: 769 Forumite
    Sixth Anniversary 500 Posts Name Dropper Combo Breaker
    Given the relative low value and repayment period an interest free credit card would be a better option in my opinion.

    Really depends on your individual circumstances though.
  • Herzlos wrote: »
    Is it for a "sound" investment?

    Yes. I am a farmer engaged ın contract farmıng. Thıs ıs a kınd of farmıng where farmers enter ınto agreements / contract wıth buyers before the harvest. Buyers commıt to purchase farm products when the harvest ıs due. The plantıng season ıs due and the contract ıs ın place. I wanted the loan to purchase more seeds. Thıs wıll ıncrease the harvest and help meet the ever ıncreasıng and unsatısfıed demand for these farm products. It ıs therefore a vıable ınvestment wıth good returns.
  • Is there an echo in here ????
  • Is there an echo in here ????....
  • Try a credit union and stretch it over a longer period of time
  • Herzlos
    Herzlos Posts: 16,073 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Yes. I am a farmer engaged ın contract farmıng. Thıs ıs a kınd of farmıng where farmers enter ınto agreements / contract wıth buyers before the harvest. Buyers commıt to purchase farm products when the harvest ıs due. The plantıng season ıs due and the contract ıs ın place. I wanted the loan to purchase more seeds. Thıs wıll ıncrease the harvest and help meet the ever ıncreasıng and unsatısfıed demand for these farm products. It ıs therefore a vıable ınvestment wıth good returns.

    I take it you can't get credit from the seed supplier?
    Have you tried asking at the Farmers union or your bank? If you've got a real proposal (which makes a change, it's usually someone wanting to buy into some scheme or scam) then they should be happy to help out somehow.
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