Well on my 14th birthday I’m getting a saturday job, and hopefully loaning a horse…I was wondering whats the difference to loaning and sharing a horse? Also whats cheapest? And what do you get to do?

Thanks!

Right, here I go.
Basically, 3 years ago I took out a loan (and haven’t missed a payment so far). I was made redunant from my job and lloyds agreed to give me a £1500 overdraft and I had 12 months to pay off. After my car breaking, having to move and other money commitments- after 11
months I still had not paid off the overdraft. Went to the bank to ask for an extention on the time OR borrow more on my loan. Their answer = no. They couldn’t help me. They told me to borrow off family or try get a small loan from somewhere like tesco. (yes because I have family that will lend me £1500!!! NOT!) and if they won’t give me a loan then neither will tesco or anywhere else.
So I left the bank feeling worse than ever. I couldn’t risk all of my wages being swallowed by the bank so I opened a Natwest account and having my wages paid directly into there.
I have changed all d/d over to natwest apart from loan. Basically I was going to ask can I ask lloyds to change my loan repayments from my Lloyds account
to natwest as it’s a completely
different bank and it’s a lloyds loan.

I would like to pay it back in 4-5 years I rather sooner but I doubt I could afford the monthly payments if I pay it back sooner than 4 years. Which would I be better off with?

I only have 5000.00$ in debt this year for college but next year I will be getting an apartment because I will be going to school 40 mins away from home. So I figured next year will cost about the same 5000.00$ plus the costs for an apartment which will prob be about 10 grand for a place, food and other expenses. So I worked it out to being about 500$ a month for payments If I want to pay it off in 4 years. So would I be better with fixed 3.0% or floating at 0.5%?

I also need to take in consideration if something happens like my parents want me to move out i wont be able to pay 500$ a month plus rent for an apartment. So which would I be better with I’m going to try to put as much on it as possible after I get my diploma and can work but I don’t know if i can always put 500$ on it every month.
My min payment will be about 250$/month.
and next year I’m going to try and work part time so i can put money on my loan. This year I can’t work unless it’s under the table and I can’t find anything not even a babysitting job. If I work and it’s not under the table i’m scared I wont qualify for a big enough loan for next year to cover my tuition, and apartment. So im kind of trapped until next year unless an under the table job comes up.

Is it true that it’s cheaper to get a student line of credit from a bank? I know you have to start paying right away but it might be better than having to wait a year before i can get a job to start paying on my loan. any stories you have to share will be great thanks. and im located in Canada just if you need to know.

I am still in college, and I was wondering if it would be smarter to buy a huse with one of those 40,000 dollar student loans, or rent and wait for the job and all that to come along? basically I’m comparing getting a student loan and buying a house to the traditonal ways, witch is better?