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Very Short Term Loan

Hi All,

I am currently in the process of buying a new build house. At the moment all of my money is tied up in my existing house and I will only be able to pay for things such as legal costs, extras for the house, and an up front part of the deposit after the sale of this has has completed. So in effect I need money now that will only be available to me in three months(ish) time.

What would be the best way to go about getting hold of some money (prob about 4,000) to cover these things bearing in mind that I will be able to pay it all back in April / May?

I have considered my Credit Card, but I will most likely need cash or cheques (and I dont fancy going to the cashpoint every day to withdraw

200). I have also been thinking about asking the bank about extending my overdraft or possibly some sort of loan that can be paid back so quickly.

If anyone has any ideas or suggestions I would be most grateful. If not it may have to be the parents! ;)

Thanks in advance,

David Gouge

Reply to
Dave Gouge
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extending my

Overdraft is perfect for this problem.

Don't a lot of credit cards send cheques which you can bank? I'm sure you can take out a new credit card and then get the money tranfered to a bank even if you have to go into a bank and do it all at the counter.

Reply to
Peter Saxton

Apply for a credit card offering a 0% introductory rate for 6 months. Do a balance transfer for the full credit limit to your bank account and the money is yours interest free for the next 6 months. If you have a good credit rating they should give you a credit limit of at least the £4,000 that you need.

Chris

Reply to
Chris Blunt

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