Have You?

[dean_uk]

Hiya, im looking for a car...still after six months since i passed my test cos of no money! so today i got the idea of taking out a loan :? ?500 with sommat daft like ?40+ back a month for a yr.. get me a decent enuff car and bit of money left over with the money i already got!, but has anyone gone and got a loan before, im only 18 and work part time for JJB Sports lol

Cheers

[ade]

lol m8 - for ?500 you may aswell get a credit card!

That way you aint tied doen to a fixed amount each month and you can pay it back all at once without incuring any penalties. most loans have a fixed monthly payment - you cant really vary it. Credit card - interest is usually low (get one oif the 1% ones for a year) then any balance left transfer the card to another cheap company - loads about - you can also pay the"minimum amount" - usually 3% or as much as you like!

BE WARNED THOUGH! - credit cards V addictive - especially if you mod - so easy to slap stuff on the card and not notice it coz it comes off slowly - but they can burn one hell of a hole in yer pocket! Once youve taken out the amount you want CUT IT UP!

I have one for "emergencies" only - LOL - been to Italy on it on holiday - some feckin emergency!

:D :o :roll:

For ?500 - not a real problem - just make sure you budget to pay it back - or save up 1st. Depends how BAD you want the cash!

Ade

[?Marty?]

Save it to buy porn online. :lol:

Don't bother with loans mate, aspecially with such a small ammount as the interest will be more for a smaller loan.

Get a Christmas job, it's that time of year mate! There's loads of jobs going, even full-time one's. Go picking/packing cholcolate bars in a factory full-time for two weeks, you'll get over ?200 a week for that, or whatever.

[ade]

I used to do that in the summer at Elkes biscuits in Uttoxeter - worked 3 night shifts a week and came home with ?390 a week! :D

Blew the lot on my overdraft!

Sorted me for the next coupld of terms at uni. Cracking laugh too - although I'll never eat another malted milk as long as I live (not the way they were made just that sickly smell)

Did you know there are places in the uk where the army has deep bunkers full of millions of tons of high fibre high sugar biscuits in huge maff tins all soldered up and sealed air tight - "just incase" (nuclear winter etc).

We used to make them - eat three and yer hyper for the rest of the night!

Ade

[carltoncrazy]

DONT GET A LOAN!!!!!
also remember insurance services etc.
now tho i aint ya age i am in a smialr situation,i have never had a loan and neva will,but wot i tend to do is pay comes in,out drinkin i go,not gd
now i like spending dosh,NO IM NOT A GIRL.but wot my lil bro did wen he wanted a motor was give me 2/3 of his earning and i keep it,then he cant spend it and in a 2 months time he had himself a sweet mk3 astra.(ok ok i did help abit).
my sugestion is is to say 2 ur parents can ya hold onto sum of my earning then give it back to me in say 4 months time.
nova 4 500quid will probley b a shed,
tho loans r bad trust.i had to pay my lass credit card and her loan off,and she regret it till she died,trust keep away from it,it may b tempting now but it wont b wen u dont have ne money.
think like this
yeh sweet nova in the drive brought wiv the loan,
but no money 2 buy feul!!!!!!!!!

[dan16v]

loans are ok if you can affford it! i got a 4grand loan to buy my 16v coz i worked out the cost of building one and i came to more! i have a flexi loan which means i can pay wat i want bak a month! ive had the loan for almost two months and ive paid bak ?2000 as i had alloys etc to sell from my old car so im fine with it and i decided to pay bak ?300 a month

[Ric 16v]

my brother took out a ?2000 loan to buy a mint nova GSi and there was about ?700+ to pay back in interest, so realy it aint worth it !!!! just save save save save !!!!!!

[Jim]

I took out 3 Student Loans and a graduate Loan after I finished Uni. In total there was about ?8000 worth of Loan. I still have about 4 or 5 years left before the loans are payed off. Fortunatley the Student and Graduate loans have a really low intrest rate :)

Jim

P.S I also have an ?83,000 mortgage (which is basically a specific loan for houses) to pay off

P.P.S. Woah...I just realised how much I owe, LOL!

P.P.P.S Can anyone lend me a tenner?

[dean_uk]

I think Ade mentioned about the credit cards...which is probably the way i will go. Get a card with a decent rate going to pay it back, take ?500 out on it, cut the card up and pay back ?500 in different amounts over a yr, i want a car desperately, thats why i wanna do this...so any contributions will be accepted :lol:

[GR]

I'd rather have a small loan than a credit card, anyday of the week !
I'm gonna try go my whole life without one of the sod's, I think almost every person I know is in shit with a credit card now.

I'd go for a loan.

I borrowed a grand from my bank and the total amount payable back is something like ?1130 which is fucking good.

Go through a loan with your bank.