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halifax loans

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Ted
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halifax loans

Post by Ted » Fri Oct 19, 2012 6:32 pm

Found myself a nice 350z that I'm half interested and tapped into Google for some loan payment examples . If I were to borrow £6995 over 4years I would pay £209 a month. If I borrowed £7000 I would only have to pay £172 a month.
Rate changes from 8.8% to 20.9% :o
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4thgenphil
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Post by 4thgenphil » Fri Oct 19, 2012 8:33 pm

makes sense, you should do it!
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vtectom
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Post by vtectom » Fri Oct 19, 2012 8:41 pm

so base rate is 0.5% - that's a pretty good mark-up for them.

I hate Banks!! :x
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secla
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Post by secla » Fri Oct 19, 2012 9:58 pm

unsecured lending has always been expensive and smaller amount incur higher interest rates
pretty big jump between 9 and 20% though.

missus just got 15k at 6%
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Post by vtectom » Fri Oct 19, 2012 11:31 pm

I've bought my last 3 cars on 0% with my Virgin credit card - every time the 0% ends they
offer me another 12 months! :o
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Post by Greg » Sat Oct 20, 2012 1:21 am

tramroadmotors wrote:Found myself a nice 350z that I'm half interested and tapped into Google for some loan payment examples . If I were to borrow £6995 over 4years I would pay £209 a month. If I borrowed £7000 I would only have to pay £172 a month.
Rate changes from 8.8% to 20.9% :o
Forget it! Banks do not give out personal loans anymore they only advertise them so they can be in on the next round of quantitive easing, seriously I would forget it and look for alternative means of finance. :|
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secla
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Post by secla » Sat Oct 20, 2012 3:24 am

They do lend but only to very low risk. My missus just got a loan for 15k as i said above, Id be lucky if my own mum would lend me 10 quid
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Post by Ted » Sat Oct 20, 2012 8:02 am

It was just a Google search for a rough guide that shocked me . At first I tapped in 6k and was then shocked that the repayments were less per month for 7k only needed 6 but somebody would be a fool not to borrow more. Being self employed its not easy to borrow anyway.
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Post by Donald » Sat Oct 20, 2012 8:48 am

I borrowed at just the right time I think, before everything went tits up. I'm a selfie and they were disappointed that I didn't want 7k, but then I did tell a few porkies.
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Post by Greg » Sat Oct 20, 2012 10:09 am

secla wrote:They do lend but only to very low risk. My missus just got a loan for 15k as i said above, Id be lucky if my own mum would lend me 10 quid
Does she work in finance by any chance? 8-)
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