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Topic: Getting UK loan to pay off US debt  (Read 2374 times)

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Re: Getting UK loan to pay off US debt
« Reply #15 on: June 20, 2006, 08:34:43 AM »
The pound is so strong to the dollar right now and I dont see it changing in the near future.  You are better off doing what I and many others are....transfer as much as you can each month and pay it off.  Even if it takes years, what choice do we have really?  I wouldnt take a loan out here to pay my debt there.  And obviously, this is just one redhead's opinion!! :P



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Re: Getting UK loan to pay off US debt
« Reply #16 on: June 20, 2006, 07:18:57 PM »
The dollar is actually getting stronger now (at least it was yesterday.)


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Re: Getting UK loan to pay off US debt
« Reply #17 on: June 20, 2006, 11:12:43 PM »
The dollar is actually getting stronger now (at least it was yesterday.)

this is why i've been throwing the idea of a loan around a bit more than i have in the past. 

like i had initially said, i wasn't sure if a bank would even give me a loan to pay off my US debt, but i can't think of another "reason" to tell them why i need it.  as you said, i don't have the car or new home thing going for me, so they might be reluctant. 

maybe since the pound seems to be getting stronger, i'll just lock in a rate on XEtrade....i just hope that it doesn't end up getting even stronger and i end up screwing myself.


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