Hi
I need to raise £5,000 and am in a dilemma...
Option 1 - I have an opportunity to take a pension from my ex employer of £2,000 cash but if I do this I lose the employer contributions which totals £6,000. I would then still need to borrow a further £3,000.
Option 2 is to borrow the full £5,000 from a bank or mortgage.
What should I do?
Cheers
Steve
2006-11-05 18:07:31 · 2 answers · asked by Stevie 1 in Business & Finance ➔ Personal Finance
Avoid dipping into your pension like that - you'll lose a heck of a lot.
I'd opt for a loan.
2006-11-05 18:11:05 · answer #1 · answered by Phlodgeybodge 5 · 0⤊ 0⤋
Apply online at www.surefirefinance.co.uk for a secured loan and they will get back to you with what it will cost you. You can then decide if you can afford the payments and make an informed decision.
2006-11-06 00:07:54 · answer #2 · answered by Anonymous · 0⤊ 0⤋
this site wil help you to get loan details.it's help you hope
http://www.freewebs.com/getyourloan
2006-11-05 18:23:37 · answer #3 · answered by Anonymous · 1⤊ 0⤋