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🎓 Got a student loan question? Head to our Student MoneySaving board
For discussion of everything to do with student loans and student finance, please head to our Student MoneySaving board.
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New to the Loans board? Start here
Useful links within the forum * Credit File & Rating board * Debt-Free Wannabe board Useful links to MoneySavingExpert.com guides * Cheap Personal Loans * Loans Eligibility Calculator * Cut Existing Loan Costs * Cheap Car Loans * Short-term and payday loans * Should I get a loan if I have a bad credit score? * Bridging…
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Loans - Important links - please read
Hi folks :) This is the new Loans Board Sticky where links to all current important threads will be kept. Links: This thread is for quick links to threads in this board. IMPORTANT - Problems with debts, payday loans etc? Payday Loan Survival Guide from Govan Law Centre Lending money to friends & family Cheap Credit Card…
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Moneybarn Car Finance
I bought a car with moneybarn paying £388 a month. To be honest I didnt realise how much the APR was. The car was massivley overpriced. I have since sent the car back as I fell behind with payments and couldn't afford the monthly amount. This was after bout 2 years. They have since sold the car at auction at about £3-4000…
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Car finance PCP figures don’t add up Help!
Please help me understand PCP figures as they don’t seem to add up Dealer figures are On the road price £28384 dealer contribution £3000 my deposit £4000 Final value after 4 years £12352 APR 7.9%The dealer is quoting monthly payment of £298 Now, when I use an online pcp calculator and input the info above it says the…
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Why Can't I Refinance My HSBC Loan at a Lower Rate?
Hello, I'm hoping to get some advice on my personal loan situation as I'm a bit stumped, especially considering my financial stability. My main goal is to decrease the annual interest rate on my current personal loan. Here's my situation: * Citizenship & Residence: Dual EU/British citizen, living in the UK since March…
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Paid off Loan Early
Hi - looking for some advice. I recently paid off a loan and it is settled in full - the lender is hounding my for info on earnings, where the settlement money came from etc but I dont believe the answers to their questions are any of their business - never ever had them before Salary/Income - • Was the full amount from…
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Pay off Hire Purchase Early
I have been told that if I pay off hire purchase of £30000 (£29500) and leave a balance of £500 within 2 weeks of starting the hire purchase agreement that this will prevent early termination fees and that the last payment of £500 (will be technically the first) will end the agreement Is this correct?
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Loans to 0% credit card
Hi all, I have a loan (Which I purchased an item) with Klarna for about 4.5k. Is there any way of transferring the debt to a 0% card? I cannot seem to find a way of doing it as it's already a loan and won't be a balance transfer from another card. Thanks is advance
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Santander Loan
I had a loan agreed with Santander on the 9th July but still waiting for them to release the funds. They say there was an IT issue but will not give me any indication when they will release the funds. They advertise that funds are released in 2 days once all approved! Anyone else having a problem?
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Help Needed, Long-Term Finance Agreement Possibly Mis-Sold by Tool Company, Asking for advice
Hi all,I’m looking for some advice and insight into a long-running finance issue I’ve uncovered with a well-known tool company. I’ve worked in the motor trade since I was a teenager and have been using their credit options (Extended Credit, EC, and Rolling Account, RA) since around 2011. Between 2017 and 2019, my dealer at…
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Issue with PCP
Morning all, Cut a long story short, I signed a PCP deal on a new car back in March 2025 and picked the car up in May. Due to a change in circumstances and my partner not working, I am finding the monthly repayments hard to keep up with. What are my possible options at this stage and what financial implications will it…
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Moneyway Car Finance - Support During Arrears Claim
Hi All, Out of the blue I received a letter from Moneyway owned by Secure Trust Bank to say that they are currently reviewing the support that they offered to customers during times of arrears as they admit that they may not have supported customers as well as they could. A while back I had a £20k car loan eventually…
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Title Deeds
Hi everyone, My mortgage with the Nationwide has now been completed / paid off but I received a letter from Nationwide stating that there records show there is a second charge registered on my property with Endeavour Personal Finance. Nationwide are stating "If this charge has already been paid off or isn't applicable…
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Marshall Peugeot Car Finance ALL CLOSED
Hi, We bought a Peugeot through Marshall Group in Kent and found out today that all the Marshall Peugeot branches have closed. Our local branch has all our service records for our car. I have tried to contact Marshall Group at the Registered office address in Milton Keynes (01908 851000) and they said that they are not…
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Borrowing from friends family
Looking to borrow £10,000 from family or friend but want to give them security and would be prepared to put a charge on property which I have equity in to safeguard their money. Can anyone advise
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Borrowed money from sisters and not sure what is fair for all parties?
So I purchased a properly recently and in order to pay for the deposit, my two elder sisters sold their gold and gave me the funds. nothing was clearly defined initially, but the middle sister said she wants the money back at the market price of gold. At the time, gold was about £60/gram and my middle sister gave me…
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DMP and credit union
Hi all Im just starting out my self managed DMP journey. I stopped paying for all credit 3 months ago 3 loans I credit card. I didn’t realise my one loan was a credit union? My community finance? I’ve been getting letters about it defaulting and then a formal notice. Nothing on credit file yet. Am I wrong in thinking I…
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Business loan
Not completely sure if this is the right forum but open to recommendations where to post elsewhere. Can anyone suggest a reputable provider for a £50k Business loan? Our bank, Santander, apparently doesn't offer busines loans at the moment. Also have tried Funding Circle but they didn't like the fact that our bank account…
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House repair
My father is in his 80's, lives alone and is housebound with disabling arthritis and other problems. My concern is that the outer fabric of his house is in need of urgent repair. The rendering is cracking all over, with a deeper crack into the blockwork on the front elevation. the guttering and facsias are in very poor…
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20k house repair - loan advice?
Hi All, just looking for some advice please. I have a 20k essential house repair that cannot wait. I have 20k in savings but no more savings. Should I use this or get or a loan? Or combination of both? I don't want to remortgage and I don't have any other assets. I work full time and have a steady job so can start…
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Help - Court date in 2 weeks
Hi Hoping someone can assist. The court case is set for a couple of weeks time...I'm in a real state :( Last payment made was Feb 2018 Both the DNs they have sent are invalid. I have already made the point that they are and that they cannot issue a 2nd DN for the same debt (which they have done), but I have just come…
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New MSE car refinancing guide
Got car finance? Test our new guide & tool to see if you can refinance to save £100s or £1,000s? We're testing a new guide, to see if people on PCP or Hire Purchase deals can save by Car Refinancing. It's brand new territory for us, so we wanted you to go through it, see if you understand it, whether you think the guide…
