I have found a property in Cape Verde that I wish to buy, it’s a fully furnished studio flat in a new establishment (although the flat is not brand new). It is very cheap at just under £27,000. I am 21 years old and definitely want to move out of Britain, away from the rip-off government. I am in full-time employment, on a fairly low wage, but getting a loan for £27,000 to pay back over a long period of time shouldn’t be too much hassle. Anything I should take into account with regards to a loan and the actual purchasing of the property beforehand? (If I do get this property, I have a plan to rent it out for a few months of the year, during which time I’ll be back in England).

Hi all,

I am having a meeting with my bank on Monday regarding getting a loan to pay off my existing debts.
I had a shop around at weekend and looked into other companies to get a loan including looking at USwitch which is good at finding loans that are cheaper to pay off.

Unfortunately I was unaccepted – think it has something to do with the fact that I have just changed jobs 4 months ago – in full time employment though and I asked for a big loan of 10.000 when I am renting my property so it not secured as such. Think Homeowners have better chance of being accepted than me at the moment.

I just want to pay off all existing debts – have a loan and a credit card I want to pay off.

My question is what questions should I ask them and what do I do if they go refusing me a loan – I can’t afford to pay things out all at different dates and amounts.

I just want one monthly payment that covers everything! I have cut up credit card.

Please help!

Lx

I need a loan, to pay off some bits. before you say I dont, I do, the only way to get a nice car, is by getting a loan.
I cant finance one, as I had a car a few years back on finance, and had to give it back after a couple of missed payments.

this time, I am loking for much cheaper car, so I wont make same mistake, but nobody will finance me…

so, loan shark, only way

I’m fresh out of college and in need of a new car. I’m shopping for rates – filled out a credit application with the dealer, and a couple online. One of the lenders I applied with online wrote at the bottom of an email to "be sure not to apply in multiple places as it would hurt my credit score and negatively affect my chances of getting a loan!"

Is this true?! If so, how am I supposed to compare rates?