Personal Tax Loan

Closed Thread
  1. #1

    Personal Tax Loan

    When income taxes are due next year (I think it's January?), my wife and I may want to take out a loan to cover some/most of the bill, however we'd only do so if the interest rate on such a loan was low.

    We've done an HSBC personal loan before, and the interest rate was ridiculous - I believe 16 or 17%.

    Are tax loans less than this?

    Is there a certain application period during which to apply for such loans?


  2. #2

    Join Date
    Apr 2003
    Posts
    12,383

    >> Are tax loans less than this?

    Yeah. The banks get pretty competitive around october / november with their tax loans.


  3. #3

    Join Date
    Jan 2006
    Posts
    169

    Agreed. Perhaps wait a little longer too. November and December will see some cheap rates going.


  4. #4

    Join Date
    Mar 2005
    Location
    Discovery Bay
    Posts
    388

    I'll be looking for one of those shortly myself Any pointers to good deals (or horror stories to avoid) welcome.