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New Loan/ Second Loan

  • 11-02-2015 7:33pm
    #1
    KizzyMonster
    Registered Users, Registered Users 2 Posts: 435 ✭✭


    I have about €400 left on my current car loan.
    I want to upgrade my car and need a loan of €4500.
    If I pay my loan back early, how soon can I apply for the second loan?
    If I don't pay off the first loan early, can I apply for the second loan now and have two outstanding loans at one time?


Comments

  • #2
    TrishSimon
    Closed Accounts Posts: 206 ✭✭TrishSimon


    KizzyMonster wrote: »
    I have about €400 left on my current car loan.
    I want to upgrade my car and need a loan of €4500.
    If I pay my loan back early, how soon can I apply for the second loan?
    If I don't pay off the first loan early, can I apply for the second loan now and have two outstanding loans at one time?


    Is it with a bank or credit union, most places you can top up a loan with the credit union you can apply for a 2nd loan whilst the other one is still ongoing and with a bank you can get a top up


  • #3
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,718 Mod ✭✭✭✭Jim2007


    Don't dig up such old threads, also the OP has not been active for some time.



This discussion has been closed.
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