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Pay Short Term Loan
LozSimbo
Posts: 6 Forumite
Hi everyone,
My partner and I are looking to sell our flat this year and move to a larger property. I am making sure our finances are in order and I have a question about a short term loan. In December I got a 0% Barclays loan through apple for a new phone for 20 months, which will run until next year. Other than this loan, we both have credit cards which we pay off in full at the end of each month and then the usual utility and phone contracts which are in good standing. I was just wondering whether it would look better to a mortgage provider if I paid off the loan now (which we can do) or given its amount (its a few hundred quid) it will really make a difference when looking at our affordability?
Thanks a mil for your help
My partner and I are looking to sell our flat this year and move to a larger property. I am making sure our finances are in order and I have a question about a short term loan. In December I got a 0% Barclays loan through apple for a new phone for 20 months, which will run until next year. Other than this loan, we both have credit cards which we pay off in full at the end of each month and then the usual utility and phone contracts which are in good standing. I was just wondering whether it would look better to a mortgage provider if I paid off the loan now (which we can do) or given its amount (its a few hundred quid) it will really make a difference when looking at our affordability?
Thanks a mil for your help
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