Is there a magic loan?

no1gymbunny

Hi all. Is there a type of unsecured personal loan i can take out to consolidate an existing loan, overdrafts & credit card that would allow me to make lump sum payments as well as the usual monthly payments that won't penalise me for doing so? I hope that makes sense!

RAS

Hi

Not really, but there is lots of DFW magic to be had if you just join in.

have a read of the newbies page, post you you Statement of Affairs and let the DFwers find ways of making those debts manageable.

With the big bonus that you get lots of skills that you can use for ever and a mad crowd of friends to support you come what may.

Other places to look are www.entitledto.com, www.whatsthecost.com, particularly the snowball which tells you how to pay of your debts most effectively and your debt free date.

have fun.

meyore

Consolidation is not a good idea honestly I've done it and regretted it. Its not worth it!

There are loans like the one you're thinking of like egg loans and northern rock.

I got an egg one and its good as loans go, but I did what I always do and ran my cards and overdraft up again. Never again!