We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
urgent advise needed
Comments
-
Is there a way the company could refinance this debt with a bank business loan?0
-
mdstevensuk wrote: »The loan is up to date. Only two payments have been late. Everything is paid what is owed to date.
We just don't get why they have done this. I work for my family as a purchase manager - so i do understand the basics of accounting.
Suggest you set up a DD or standing order for future payments as this is clearly a big issue for the lender. For an outstanding loan of £15,000 I am not surprised that late payments make them nervous."We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about” – Albert Einstein0 -
as it's a business loan you have no conusmer creidt act protection
Is the phrase "repayable on demand" in there anywhere?2021 GC £1365.71/ £24000
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards