dial4aloan....any good ?????

are within my budget and i can take it over 25 years

payment of 94 p.m. ) and it will enable me to do

is getting it over 25 years but this would be the

don't want to put it up in a secured loan or a

personnal loan and i need the long payback time to make it

should have mentioned,

the loan i'm intested in is a fixed rate. If i get a check for the lump sum.....can anyone suggest a high interest rate account i can open to put it in but will allow me to withdrawl , without penalty , when i want ???

repayments are within my budget and i can take it over 25

to a payment of 94 p.m. ) and it will enable me to do

concern is getting it over 25 years but this would be the

, i don't want to put it up in a secured loan or a

personnal loan and i need the long payback time to make it

sum.....can anyone suggest a high interest rate account i

when i want ???

any dealings with them myself but I would check smallprint for charges should you wish to repay early. If it is a SECURED loan, this is the same as a mortgage and in my opinion better to stay with a lender you know.

payment of £94 p.m. ) and it will enable me to do

That's a great reduction, but don't miss the wood for the trees. Why do you have this debt ? Has it been increasing ? Why can't you pay for it out of income & savings ? It would be easy to let it slip out of control from this point. It's estimated that about 80% of people who take out a consolidation loan go on to run up further debts. Work through 'How to ditch your debts' here

don't want to put it up in a secured loan or a

Sounds sensible.

Never heard of them, sorry. Search Google & Google Groups.

Which? magazines (available at local libraries) do monthly comparisons of basic banking products, so may well do so with loans. Just about any financial website will have comparisons. Here's one

hth

Daytona

Agreed. Above all, what's the repayment timescale? What are the interest rates?

£320 per month could be -say- just the interest on £16k of debt at credit card rates of 2% per month. £94pm represents interest only on £16k at about 7%pa which is not a bad rate for personal loans. But presumably the debt is rather less than £16k and the payments are so high because they're not interest-only but make provision for repaying the principal.

I'd be inclined to disagree. Seriously non-trivial debts in the £10k ballpark will cost much much more to pay off at unsecured loan rates than at secured or mortgage rates. I find it difficult to believe that this would "actually be more expensive initially".

Wow. You must not have a telly. Good for you!

If I start remembering the adverts, there's no room for the important stuff

Daytona

I don't have a TV, but I've still heard of them. I saw the ad on one of the TVs in Dixons one lunch time, along with lots of ads for other debt consolidation / credit card type things.

Why anyone would pay £121 per year to watch that, I don't know.

Ho hum. Being seen in Dixons at lunchtime invalidates all the Brownie points you earned from not having a telly.

It takes a special breed of anorak to go to Dixons to watch the debt consolidation and NWNF litigation adverts just to avoid paying the TV licence fee. You're sick.

The PCLine ink cartidges are cheaper than anywhere else I've looked.

I didn't go to look at the ads, I went to buy some ink cartridges.

are within my budget and i can take it over 25 years

payment of £94 p.m. ) and it will enable me to do

How much do you owe?

getting it over 25 years but this would be the

don't want to put it up in a secured loan or a

Me no understand. Surely the APR for the mortgage would be substantially less than an unsecured personal loan?

loan and i need the long payback time to make it

The difference in APR between the secured (mortgage) and unsecured loans might well make it more affordable?