Revolving credit loan FNB Q?

Saltex

Expert Member
Joined
Feb 27, 2011
Messages
1,196
So at the beginning of the month I took out R8000 out of my R30k revolving loan, now I wont be able to start paying it off by the end of this month as I don't have any cash and will only be able to pay it all back next month. So what I want to know is, will it be ok for me to just take out an additional ammount for when they want to debit the R800 for the monthly repayment. I won't get into trouble or anything? I never like to use credit, but in this case I have no choice, and it is something that I know I will pay back in 3 weeks time.
 

srothman

Expert Member
Joined
Mar 30, 2010
Messages
2,756
You won't get in trouble. It's your money (so to speak) to do with as you please. You will obviously pay the extra bit of interest, but you won't get in trouble.
 
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