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Brock_and_Roll wrote: »OP,
have I read this correctly? - you took out a £10k personal loan at 14% in January this year (of course they wont drop it, you have only just taken it out!).....then just a few months later you need an additional £15,000k
So that's £25k of borrowing. Lets say £4k max for a new boiler and £3.5k for the credit cards....what was the other £17.5k for?
I think the OP wants to consolidate the RBS loan and credit card plus borrow a bit extra to replace the boiler. Not that I would recommend that course of action either.0 -
thanks but i've decided to stay away from ocean finance now also decided to save up rather than getting more debt and increasing my work hours snowballing debts0
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I think that is a really wise decision. Plenty of people on here can offer advice on that - maybe post a SOA in the Debt Free Wannabe sectionI’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
& Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
All views are my own and not the official line of MoneySavingExpert.0 -
floridafoofoo wrote: »thanks but i've decided to stay away from ocean finance now also decided to save up rather than getting more debt and increasing my work hours snowballing debts
Thank F for that !0 -
floridafoofoo wrote: »thanks but i've decided to stay away from ocean finance now also decided to save up rather than getting more debt and increasing my work hours snowballing debts
That's a wise choice, you will benefit from it.0
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