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Bounce back loans
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<blockquote data-quote="neilo" data-source="post: 7868770" data-attributes="member: 348"><p>On the HSBC online banking site you can just click on 'manage my BBL', which gives you several options. I assumed that was the case elsewhere too.</p><p></p><p>I've delayed paying mine back for 6 months, as I couldn't see the point of using a higher interest rate OD to do so. Now there are a few more sales in, I will start nibbling at it.</p><p>At 2.5% it's still very cheap borrowing, so I'm not desperate to pay it off just yet. Would be different if I was likely to remain in the black by more than the value of the BBL, but that's not likely year round.</p></blockquote><p></p>
[QUOTE="neilo, post: 7868770, member: 348"] On the HSBC online banking site you can just click on 'manage my BBL', which gives you several options. I assumed that was the case elsewhere too. I've delayed paying mine back for 6 months, as I couldn't see the point of using a higher interest rate OD to do so. Now there are a few more sales in, I will start nibbling at it. At 2.5% it's still very cheap borrowing, so I'm not desperate to pay it off just yet. Would be different if I was likely to remain in the black by more than the value of the BBL, but that's not likely year round. [/QUOTE]
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