B bigdee77 Registered User Messages 25 18 Jan 2012 #1 With the current uncertainty about the future of the euro would it be best to take out a sterling or a euro loan. Taking about 30 grand over approx 10 yrs?
With the current uncertainty about the future of the euro would it be best to take out a sterling or a euro loan. Taking about 30 grand over approx 10 yrs?
J Jim2007 Registered User Messages 2,344 19 Jan 2012 #2 And what currency will you be earning the income to bay it back in? Basically it should be the same to avoid FX risks.
And what currency will you be earning the income to bay it back in? Basically it should be the same to avoid FX risks.
B bigdee77 Registered User Messages 25 19 Jan 2012 #3 I'll be earning & paying back in euros which makes it all a dilemma for me.
B bigdee77 Registered User Messages 25 20 Jan 2012 #5 Well that's why I'm asking the question which option is likely to be most beneficial in the long run.
Well that's why I'm asking the question which option is likely to be most beneficial in the long run.
J Jim2007 Registered User Messages 2,344 20 Jan 2012 #6 Well no one can answer that question with any degree of certainty, but the general idea would be not to take on any unnecessary risk....
Well no one can answer that question with any degree of certainty, but the general idea would be not to take on any unnecessary risk....