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Financial Bother What Shall i Do?
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[quote][i]Originally posted by X 60RSA[/i] Well its not major but i hate having a loan and a credit card! Basically i have 3k on my credit card and i have a 2k loan through my folks at 7% with northern Rock. I'm paying £400 a month off my credit card, £260 to my folks for my rent an loan as i live at home. I'm just sick of different outgoings and please anyone reading this dont get a credit card! I'm tempted to go borrow 5k tomorrow and pay off my folks, pay off my credit card and pay off £480 a month for the 5k loan which would be over 16months, leaving me with around £700 a month for insurance, phone, rent, petrol and just general living........ Do you think its possible.... Cheers folks! OR do i discuss this with my dad to extend the northern rock loan and risk him ripping my head off for getting myself into this shit owing money situation! :o [Edited on 16-01-2006 by X 60RSA] [/quote]
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