Borrowing Money

[Connemmara]

What would be the best way of borrowing £12,000. TIA

[factor-fiction]

Yes, I understand. My life policies will mature next year at a little under the value of the original mortgage, but as I've been overpaying the mortgage and repaying chunks of capital I'm in the fortunate position of being left with a surplus after I repay the remaining capital

[EcclesCake]

Surely you have had statements telling you about your mortgage shortfall?

Why spend so much money on a ring and unappreciated Christmas presents when you must have known you had a shortfall.

If you have the money in the bank it is definitely the best way of settling the debt.

[Connemmara]

well last posting here Factor - at the time of getting policies 25 years ago I never understood policies but what I was told at the time that the policies would pay off the mortgage and have plenty more over to have a "great" time. However, as you know yourself with the recession and economy policies have not played their part and I know there are a lot of people out there in the same boat as myself. But it is not the end of the world - I will get there - thanks

[EcclesCake]

But surely you have received annual statements advising you of the state of your mortgage?

[Connemmara]

regarding the 12000 mortgage - you said that i may never need such an amount for such a rainy day - sorry wiltsman even though I am 60 maybe somebody may marry me and I would like to bring my dowry. Would you help hhahahahahhahhhah