HSBC Managed Loan + Career Development Loan

[Deleted User]

Removed thread

CLAPTON

a managed laon is simply one with low monthly repayments because its over a very long term.
solutions are
a. pay a lot more per month
b. get a lower interest rate loan and 'pay it off'
c. get a 0% or low life of balance CC and clear the managed loan

but without knowing your credit record and your income and spending and how much you have available for debt repayment its not really imposible to say.

[Deleted User]

c. get a 0% or low life of balance CC and clear the managed loan

What is this?

Have managed to pay off sucessfully for two years with two late payments - one last month. My income is is nothing special and gonna get worse due to upcoming circumstances - can prob pay £50 - 70 per month.

It's a bit lazy not doing more research but I'm a bit stumped..

CLAPTON

what is your income?

Bismarck

gnu43 wrote: »

c. get a 0% or low life of balance CC and clear the managed loan

What is this?

Have managed to pay off sucessfully for two years with two late payments - one last month. My income is is nothing special and gonna get worse due to upcoming circumstances - can prob pay £50 - 70 per month.

It's a bit lazy not doing more research but I'm a bit stumped..

Sorry if this sounds harsh but being lazy is costing you money. Are you genuinely stumped? If so there's a hell of a lot of info on this site and online that you can digest at leisure. If you don't take notice you're going to get taken for a fortune by the merciless banks...

You can save yourself a fortune by putting some effort in now.