Very Short Term Loan


D

Dave Gouge

Hi All,

I am currently in the process of buying a new build house. At the moment
all of my money is tied up in my existing house and I will only be able to
pay for things such as legal costs, extras for the house, and an up front
part of the deposit after the sale of this has has completed. So in effect
I need money now that will only be available to me in three months(ish)
time.

What would be the best way to go about getting hold of some money (prob
about £4,000) to cover these things bearing in mind that I will be able to
pay it all back in April / May?

I have considered my Credit Card, but I will most likely need cash or
cheques (and I dont fancy going to the cashpoint every day to withdraw
£200). I have also been thinking about asking the bank about extending my
overdraft or possibly some sort of loan that can be paid back so quickly.

If anyone has any ideas or suggestions I would be most grateful. If not it
may have to be the parents! ;)

Thanks in advance,

David Gouge
 
Ad

Advertisements

P

Peter Saxton

Hi All,

I am currently in the process of buying a new build house. At the moment
all of my money is tied up in my existing house and I will only be able to
pay for things such as legal costs, extras for the house, and an up front
part of the deposit after the sale of this has has completed. So in effect
I need money now that will only be available to me in three months(ish)
time.

What would be the best way to go about getting hold of some money (prob
about £4,000) to cover these things bearing in mind that I will be able to
pay it all back in April / May?

I have considered my Credit Card, but I will most likely need cash or
cheques (and I dont fancy going to the cashpoint every day to withdraw
£200). I have also been thinking about asking the bank about extending my
overdraft or possibly some sort of loan that can be paid back so quickly.
Overdraft is perfect for this problem.

Don't a lot of credit cards send cheques which you can bank? I'm sure
you can take out a new credit card and then get the money tranfered to
a bank even if you have to go into a bank and do it all at the
counter.
 
Ad

Advertisements

C

Chris Blunt

Hi All,

I am currently in the process of buying a new build house. At the moment
all of my money is tied up in my existing house and I will only be able to
pay for things such as legal costs, extras for the house, and an up front
part of the deposit after the sale of this has has completed. So in effect
I need money now that will only be available to me in three months(ish)
time.

What would be the best way to go about getting hold of some money (prob
about £4,000) to cover these things bearing in mind that I will be able to
pay it all back in April / May?

I have considered my Credit Card, but I will most likely need cash or
cheques (and I dont fancy going to the cashpoint every day to withdraw
£200). I have also been thinking about asking the bank about extending my
overdraft or possibly some sort of loan that can be paid back so quickly.

If anyone has any ideas or suggestions I would be most grateful. If not it
may have to be the parents! ;)
Apply for a credit card offering a 0% introductory rate for 6 months.
Do a balance transfer for the full credit limit to your bank account
and the money is yours interest free for the next 6 months. If you
have a good credit rating they should give you a credit limit of at
least the £4,000 that you need.

Chris
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top