loan terms

[carling]

I have a loan with my bank and want to extend the repayment length to lower the monthly repayments which are currently �480 but my bank will not help me - any advice?

[twiglet4frog]

i agree, a lot of banks offer to take on your loans and move them to there banks if it means a new customer and they will probably give u a better interest payment whcih means a little less each month as well extending it a few extra months too. As long as u are a good payer etc then i am sure one of the major banks will offer u something to help u

[Mrs_Pegasus]

If you dont want to move banks straight away, why not try and get a loan to pay off the exisiting loan via companies such as Sainsburys, EGG, Cahoot etc.  I have had a loan with Sainsburys because my bank was dearer and it was arranged over the phone with the payment the following day!