Son of Brunhilde
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No it's not wrong. Just as long as you don't pay them back, it'll be cool. |
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gofuk
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I'm ex army and I'm sure there will be no problem with your level of debt. i assume you are not behind with any payments. if you are still not happy talk to your career adviser. |
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felineroche
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Depends on how well off they are. If £5000 constitutes their life savings then no. Bringing up children is expensive and it is difficult to save for old age at the same time. You need some savings to top up the old age pension especially as health deteriorates.
While you intend to pay it back there is a higher risk of death or injury in the army.
If they have ample funds don't hesitate. Your parents will want to support you. |
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Cherstin and Adam F
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I certainly don't think it's a big issue... if your parents can afford the loan, they are potentially helping you to better yourself by assisting in your training to actually make something decent out of your life! The only concern is this: I was also in the military (American) and I required a clearance and, you are correct, they DO pull a copy of your credit report. If you have late payments, no payments and the like, you will STILL be considered to be a "risk" even if your loans are paid down. They look at the overall "big picture," not just what is outstanding at the time. What I would do is this: tell your parents how you feel and that you don't want to pass up this opportunity. If they are able to loan you the money, call your creditors and pay off the loans and explain the situation to them so it will not reflect negatively on your credit report. If anything is still in question when you go thru DV, explain to those in charge that if there are still debts outstanding, you will be willing to sign an allotment form which will automatically deduct a set amount of wages from your pay each month to pay the overdue bills. Good luck to you in your decisions and stay safe! |
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bananabex
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it is quite a lot of money for your parents to pay out.
try discussing this with your parents and someone within the army to get an idea of how it will affect your chances.
im sure that your parents will pay if thats the only way you will succeed but i wouldnt ask until i was sure that it was the only option... |
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kims71572
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thats what parents are for, i did it to my mom, and i am repaying her everytime my kids ask me for money. if i have it i give it to them |
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SunnyDays
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I dont think it is wrong, if your parents are supportive of your career choice then I can't see why they wouldnt help you on this if they have the funds available. From the way this has been written it seems you are an eloquent person and I am sure that you would be able to approach the subject clearly and concisely, good luck, there should be more people like you out there! |
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UOPHXstudent
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IF they have the money and they support what you are wanting to do then I would go to them and state what you have provided here and see if they offer the loan, if not they I would ask.
Make sure you have a plan for paying them back, what the monthly payment would be and the time frame of getting ti paid off.
Have a back up plan if they say no. |
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JeffE
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If you can be sure that you can pay it back then call it a loan.
If not, then ask them to give it to you.
Honesty is the best policy.
Ask anyway. They can only say yes or no. |
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Rose
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No, its not wrong, you are using it for your future, and they will know that. I am sure you will be decent and make a plan to pay them back and make sure you stick to it. If it is on paper, it will show them that you are serious and respect them.
Good luck with your future,
xxx |
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sue122443
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No it is not, but expect to get a no answer. Unless you have shown your parents that you have the responsibility and honesty to enter into an agreement or contract with them to borrow a certain amount of money with a monthly payment fee to be paid to them for a set period of time until the loan is satisfied they will be hesitant to do so. |
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muncie birder
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It is not wrong to ask for a loan, but insist on paying them back with interest. The current rate is about 6 to 8%. Establish a payment schedule in advance and stick to it. And sign a promisary note. |
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xxxxxxxxxx
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no but you got to pay it all back
i lent money to a family member 12 years ago and still wait in for payback so only if you pay back |
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me-me
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bottom line you know your parents and you know if you are going to pay them back. you dont know unless you ask but if you know your not going to payback the money just ask for financial help. |
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northukstudent
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you shouldnt put your parents in such a position. Why can't you just apply to the army once you've worked your debt off? You'll feel better for it! |
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nikky_c2000
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u sponger go get a part time job |
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Simon D
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Everyone I know who started a business or bought car/house borrowed money off the parents.
My own theory is that if they can spare it, prepare a business plan. And show it to them.
Explain the reasons, show how it could affect your life, give them a repayment timetable, and in your case explain how you are going to keep from running up similar debts in the future.
This way both parties can change an emotional occasion into a practical one.
My old man paid off my overdraft once when I was 18, it was a crisis situation. But I've never asked for a large cash sum off my parents, I find it very difficult asking for money.
Good Luck. |
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vampire_kitti
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If you know that they can afford it, and that you can pay it back I don't see why not. |
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Ken S
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no its not wrong to ask for a loan from your parents, providing they have what your asking for. and then you would have to pay them back in a timely fashion |
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smilley
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Be fair, your parents did not get you into the debt so why should they get you out of it? You are an adult now so start acting like one and grow up you should not expect your parents to be at your beck and call. If you want to join the army then you had better get your act together and sort yourself out. |
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Nneave
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Ask your self honestly if they can afford it. My in-laws have a beautiful house, but since retiring that is all they have. If you think you will pay it back than ask. Remember though that borrowing money from family is one of the biggest causes of family rifts so maybe if you think about a repayment plan before you talk to them. |
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aholmes12003
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that's what they are for, what's the worse that can happen? they say no. go for it. |
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ttomnl
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Sounds like a lot of money to me mate. Why dont you postpone entering the army for a year or so and clear those debts off? They are your problem and believe me, they certainly do go away! Good luck.. |
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C M SAHU
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no at all. |
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onename
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try them, the say but no |
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