First Job, First Loan... Help needed!

burbs_2

daveboy wrote:

We will make the decision on that one - thank you anyway.

didnt offer to make the decision for you mate. Why dont you go and find another thread to moan about, better still why dont you get off the board and find a moaning, unhelpful board for you to play on.

daveboy

burbs wrote:

didnt offer to make the decision for you mate. Why dont you go and find another thread to moan about, better still why dont you get off the board and find a moaning, unhelpful board for you to play on.

Didn't sound like it.

My opinion.

So tough if you don't like it. :rotfl: :rotfl: :rotfl:

burbs_2

whatever gimp

daveboy

burbs wrote:

whatever gimp

So, we have:

1 person who needs to be spoon fed
1 spoonfeeder
1 person who needs to resort to name calling

Bed time for you three soon. You all have school in the morning.

burbs_2

Look perhaps if you dont want to help people this is not the forum for you. I cant be bothered to argue with you all night but in my opinion people such as yourself should keep off peoples threads if they have no intention of helping.

As for name caller - you are the one giving people names such as spoonfeeder.

mummytofour

Its a real pain in the butt when you start driving, insurance companies just want to rip you off! Thats a fact.
You best bet would be to get a chep run around with 3 rd pary insurance, build up your no claims and then buy your dream car!
Im not sure if you will listen... thats your choice but if you want to spend 166 per month on the car insurance plus your car loan, good luck, i hope your car does not give to many garage bills, oh and it passes its MOT.
People only advise against as they have been there and done that and learn fro theri mistakes.

al86

Thanks a lot to everyone who has replied on topic regarding the questions I originally asked. Your help is much appreciated.

As for the guys who thought it best to argue against the fact of me getting a loan, off topic of the original post, I do hope you find it necessary when the next post like this comes along to give relevant answers.
Thanks for entertaining reading none the less.

To ejones999, my parents have set me a figure already of £50 a week upkeep. As you asked my salary, I will see 1430 after tax every month, and if i exceed targets, I can earn 800 more on top of that.
As you say your not sure about my name being my reletave to my IQ, do you think I would be on a salary anything like that, if my IQ was representative of my name.

I really didnt imagine this forum to be as hostile to new people asking innocently for advice about a first loan, from people who are "more experience" in the world of finance.

Thanks again to the guys who have given me constructive advice which the post originally started for!
any more help on the matter will be received with open arms!
cheers
al

margaretclare

Al, I think that those of us who attempted to put a view which you didn't want, were speaking from bitter experience. You may be an intelligent lad and with the ability to earn good money, I don't doubt that for one moment. But sometimes experience does count for a lot. Perhaps some of us saw a young man full of ambition with starry eyes, about to take his first step into the minefield out there, and endeavoured to point out a warning. I don't think I would be happy with my son or grandson starting out with a loan coincidental with his first salary payment because I've seen so many people with the same ambitions, dreams and hopes falling into the pitfalls that there are in the world of loans, debts and material possessions. However, at the end of the day it is your decision. Don't assume that anyone has been 'hostile' to you - quite the reverse. If you look at the many threads on the 'Debt-Free Wannabe' board, you'll see what I mean.

Aunty Margaret

al86

its ok, I appreciate you trying to give that kind of advice, but only if I had of asked for that kind of advice, i.e. asked about loans, and then asked if you think its right for me.
I didnt ask that, I asked for advice about loan providers.

Fair enough you have your opinions and are entitled to them, but if you must air those opinions, please include something relevant to the questions asked first.

cheers all
al

p.s. still looking for the loan provider for me!

jonesMUFCforever

To ejones999, my parents have set me a figure already of £50 a week upkeep. As you asked my salary, I will see 1430 after tax every month, and if i exceed targets, I can earn 800 more on top of that.
As you say your not sure about my name being my reletave to my IQ, do you think I would be on a salary anything like that, if my IQ was representative of my name.
quoted from Al86

Al - Are we allowed to ask where you will be working?
For a net salary of at least £1430 - gross £2000 approx £24000 pa you will have to sell a hell of whatever it is you sell just to keep your job let alone exceed target.
Do you think that if things are not going well in month 4 and 5 they will continue to employ you? First a word from your line manager about not quite achieving targets then verbal abuse from staff meetings to written warnings to about month 7 when you will either resign or will have been fired.
This is not a pretty scenario is it? I hope it does not happen to you, and it is for this reason that I (and others) have suggested that you do not take out a loan for £4k at this time.
You are eighteen so why are you not going to Uni?
Has the prospects of earning mega bucks turned your head?
You want advice as to where to get a loan - first point of call is your own bank. If they agree to lend then you've got your loan. If not: it is because they think that you are not a good risk to lend to at this time - ALTHOUGH this will change if you can show that you can save a substantial portion of your salary for the first 4 months or so.
Eric