Would appreciate any advice as I genuinely don't know if this is considered unreasonable or not.
Long story short my DH's van has totally conked out and worth only scrap, he needs a new one urgently as it is his livelihood, it will be at least £8k if not more. We have shares which we could raise the money with but would have to sell at a loss due to current state of the stockmarket. So we are looking at getting a loan to make payments on and then pay off in full when (if) the stockmarket improves.
The cheapest loan rate we can find is with my bank which would be quick and easy, the money straight into my current account the same day, and no real hassle or extra paperwork. Sainsbury's do nearly as good a deal but this would need more time putting into it (I assume) as we don't even have a nectar card and this is a requirement of the loan.
DH wants me to take the loan out with my bank but I'm a bit reluctant to be honest. I'm about to go off on maternity leave and so only have 4 months left of proper salary. I hate the idea of loans and being saddled with a massive debt. I know we're married and in theory we share everything but most of the shares are in his name, and the debt would be in my name for a van in his name, which doesn't seem very balanced.
DH thinks I am being pessimistic with the "but what if you leave me when the baby arrives" stance, and I know it's highly unlikely but who knows! Yes I'm a worrier.
AIBU or not. Please be gentle (I'm heavily pregnant :))
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AIBU?
to not want to take out a loan in just my name?
15 replies
HPonEverything · 31/08/2011 10:04
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