hi all, im thinking about consolidating some personals laons ive got( ive posteed this query b4, but i have more info now
My loans are as follows:..Bank €10200..(pm..€254)
..................................CU €14900..(.pm €300
..................................cc €1392...(pm.min pay)
Apr on the bank loan is 8.2%...Credit card is 13.9%...Now the credit union( they tell me its 12.68%)..but because the give me an interest rebate(of 23%)..the say that the "real" apr is 8.5%?????..Would this be right ?????
i have €3300 in shares which im told im getting 2% on..
my queries are these:..Would i (a) be better of getting a pl from someone like tesco ( apr 7.9% i believe fixed) to clear the whole lot???..or the fact that its fixed would i be penalised in some way???..( B) get aa PL to clear the CU loan off thus releasing my shares??..and if i did what would be the best way to use tthe shares??...i also have an ssia due for maturing in jan 2007 which will amount to €10000...would i be beeter off waiting for that to mature and using the procceds to pay off what loans ive left at the time???
Agaiin guys thanks for viewing..and by the way i find the site fantastic..keep up the good work!!!
My loans are as follows:..Bank €10200..(pm..€254)
..................................CU €14900..(.pm €300
..................................cc €1392...(pm.min pay)
Apr on the bank loan is 8.2%...Credit card is 13.9%...Now the credit union( they tell me its 12.68%)..but because the give me an interest rebate(of 23%)..the say that the "real" apr is 8.5%?????..Would this be right ?????
i have €3300 in shares which im told im getting 2% on..
my queries are these:..Would i (a) be better of getting a pl from someone like tesco ( apr 7.9% i believe fixed) to clear the whole lot???..or the fact that its fixed would i be penalised in some way???..( B) get aa PL to clear the CU loan off thus releasing my shares??..and if i did what would be the best way to use tthe shares??...i also have an ssia due for maturing in jan 2007 which will amount to €10000...would i be beeter off waiting for that to mature and using the procceds to pay off what loans ive left at the time???
Agaiin guys thanks for viewing..and by the way i find the site fantastic..keep up the good work!!!