Personal Loan to help me Migrate to Oz

Feb 13, 2004 1 Replies

Hi Folks,



I need to borrow £25k for a personal loan to be able to pay a govermenent insured bond in australia in order to get my perm residents visa. I get this amount back in full guaranteed 12 months later. Call it a their way of getting you to show how keen you really are to live in oz.



Basically I wondered if anyone had any advice on getting personal loans out in terms of lowest apr.



When I go to borrow the money should I borrow it over 10 years for example so that I have easy replayments for the year and then pay the lump sum back in 12 months? I presume I would get a healthy rebate of interest?



its an awkward one but I am basically naturally looking to borrow 25k for a year as cheaply as possible.



any replies please email snipped-for-privacy@btopenworld.com too please!



thanks



Al


Without a hint of irony, snipped-for-privacy@btopenworld.com (The SnagMan) astounded uk.finance on 13 Feb 2004 by announcing:

Well apart from the legal implications of lying on your loan application...

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