sunnyb
Member
Registered: 21st Oct 03
Location: Kent, near Bluewater
User status: Offline
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Is it possible to get a loan then go travelling for a year or so and not pay anything back for that year then when you get back, start paying the loan back?
I'm not a student BTW. So student loan is outta the question.
This is probably a ridiculous thought but thought i'd ask anyway!
Cheers Sunny
[Edited on 07-06-2005 by sunnyb]
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TNM
Member
Registered: 5th Apr 04
Location: Nottingham Drives: VW Tiguan
User status: Offline
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i think ollie works for a loan company might be worth trying him.
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sunnyb
Member
Registered: 21st Oct 03
Location: Kent, near Bluewater
User status: Offline
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ollie. ojc?
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TNM
Member
Registered: 5th Apr 04
Location: Nottingham Drives: VW Tiguan
User status: Offline
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yes
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Rebrabuk
Member
Registered: 28th Mar 04
Location: North East
User status: Offline
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Or you could loan more than you need so that you have enough in reserve to pay the loan during that 1 year period.. 
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Bart
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Registered: 19th Aug 02
Location: Midsomer Norton, Bristol Avon
User status: Offline
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you could always sign up in a different name and never pay it back?
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Karen
Member
Registered: 9th Jul 03
Location: Edinburgh
User status: Offline
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I dont think u can no
When I worked with the Halifax it was 3 months beore u started to pay a loan abck not sure if they still do this tho as Iv never taken one out
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sunnyb
Member
Registered: 21st Oct 03
Location: Kent, near Bluewater
User status: Offline
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just been to natwest and they said no they dont do it! doh!
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michelle
Member
Registered: 15th Oct 03
Location: Kirkintilloch, Glasgow
User status: Offline
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quote:
Originally posted by Rebrabuk
Or you could loan more than you need so that you have enough in reserve to pay the loan during that 1 year period..
This sounds like the best idea
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Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
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Nope you can't.
Only thing you could do is get a credit card with a massive limit, transfer some money from the card to a UK bank account and use the reminder of the money left on the card to survive whilst travelling and either ring up the credit card company once a month and use the money in the bank account to pay the minimum payment or just leave someone with enough paymentslips and money to pay the minimum payment every month whilst you are away.
Would mean someone having to open your statements every month though.
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Gavin
Premium Member
Registered: 3rd Apr 02
Location: West Midlands
User status: Offline
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quote:
Originally posted by Bart
you could always sign up in a different name and never pay it back?
luv it 
pew pew pew pewwwww
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sunnyb
Member
Registered: 21st Oct 03
Location: Kent, near Bluewater
User status: Offline
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cheers everyone, think i may just save till im 23 perhaps and then go for a year or two! nice one ollie. providing ive got a good credit rating how much do u think i could get on a credit card?
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Dave A
USER UNDER INVESTIGATION - DO NOT TRADE
Registered: 10th Dec 03
Location: County Durham
User status: Offline
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ask for a loan with a defered repayment period. a bank called first national does them. i used to sell them on behalf of first national. only downside is you pay interest for that year, and the interest rate on a deffered loan is always higher.
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