dannytwo

iTrader: (5)

as im in a spot of bother,i know your going to say,arnt we all

so if anyone could help it would be most appreciated

cheers dannytwo

LG John

Buy high, sell low

Dan J

Yup I'm an IFA - what's the problem???

By the way my fee's only £50 per post...

ScoobyK

Would help if u gave a clue on what the problem is ???

Been in FServices since 88

dannytwo

iTrader: (5)

well the problem is this,
just had a boat built,which we hope to move on to,the boat is ready for us to move on to,but we are still owing money on it,we have paid more than half off on it already.

so we need the rest of the money for the boat,we have no savings,and we are paying of outstanding loans,we have been refused credit.

so would like to know what are our options,if any

cheers folks.

dannytwo

iTrader: (5)

so wat do you think,you financial buffs?

ProperCharlie

there don't seem to be that many options. the options that may be available:

raise some money somehow or other - e.g. sell anything that you may have and not need, that is of value.

consolidate existing debts in order to reduce repayments and attract a more favourable interest rate.

err.... that's about it.

Scooby96

Secured loan on your house (assuming you have one) or on the boat (I think you can do that can't you?)

Secured credit will be easier to get than unsecured if you have equity in your bricks and mortar

Dan J

Yup as said not many options. Do you own a home and have a mortgage on it at all?

dannytwo

iTrader: (5)

no,we are currently living with my parents,so have nothing to secure it on

sti555

you have pm mate