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Help! loan to consolidate another

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  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    Now the whole story is out, you should ask your father and your brother to help you repay what is effectively their loan that they encouraged / brow beat you to take out.
    Indeed, since it was for them, why arent they making the repayments ?

    What rate of return does the investment pay back to them? Is it higher than 23%? Must be fantastic, i hope they are planning to more than adequately compensate you but what happens if it doesn't work out?

    Seems to me all that anger in your first post should have been directed at your family, and yourself for being suckered into this.
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