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Receiving Money

moneysaver828
Posts: 1 Newbie
in Loans
Hi, I am getting a loan and want to know when I have to take the money? I don't want to get the money and start re-payments too early - is it possible for the company to agree the loan and then have the money and pay back at an agreed date in the future, probably 2 months later? Never had a loan before so not sure how it works. Thank you.
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Comments
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I would speak to the lender.0
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Speak to the lender but I don't think you could do this. Once you sign the credit agreement and send it over to them they will usually send the funds to you within a few working days.0
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Many loan companies offer a no payment in the first 3 month deal. HSBC definitely do. Try and sign up for one of those deals0
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Many loan companies offer a no payment in the first 3 month deal. HSBC definitely do. Try and sign up for one of those deals
Why? Being charged 3 months interest whilst not making repayments may not be the smartest thing to do. I read it as the OP doesn't actually need the money for 2 months.0
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