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Help on how to save money to pay off loan
Comments
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Might be a challenge if your credit file is such that you have a 23% loan, but worth a try.0
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Houndog6105 wrote: »This loan was a £7500 loan at £298 a month and total cost of loan £10,637 at a fixed rate of 22.83%
What did you need to buy for £7500 that made you borrow at 22.83% interest?0 -
Well, just don't buy stuff you don't need. That's very simple, as I know.0
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Deleted_User wrote: »Cutting costs or earning more are the two options.
Fill out a SOA on the debt free boards and they'll offer useful advice on cutting your costs.
You'll save money by paying the loan off as you'll stop paying interest. Once you've paid it off, there will be no more monthly payments.
Good advice here.
Only 2 options I see are mentioned here.0
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
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