I have a loan and Im moving abroad

Chris08_2

Hi all

Im moving abroad next august to teach in america. I have a loan tho which is £200 every month for the next 3 years.

Does anyone have any advice. Would the bank put my loan on hold for the year until I return to the UK?

Any advice accepted

chilli_dog

They wont freeze it. You will have to keep a uk bank account and keep enough money in it every month to keep paying it.

jonesMUFCforever

Or you pay it back before you go.

Snooze

Chris08 wrote: »

Hi all

Im moving abroad next august to teach in america. I have a loan tho which is £200 every month for the next 3 years.

Does anyone have any advice. Would the bank put my loan on hold for the year until I return to the UK?

Any advice accepted

If you're moving out there permanently and never returning to the UK I know what I'd be tempted to do!

<runs for cover>

Rob

chilli_dog

surely you mean pay it off rob?

Snooze

chilli_dog wrote: »

surely you mean pay it off rob?

Absolutely ! :rotfl:

Rob