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Klarna fraud still "investigating" and refusing to sign for letters
Earlier this year someone at Royal Mail was intercepting my post, which included my personal details. Royal Mail has admitted to this breach. There were several attempts to apply for credit cards in my name which were thankfully denied. I only found out because one of the letters for the fraudulent credit card application…
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pensioner loan
Hi, need advice..I need to take out a loan for £20,000.00. I am 69 years old, a home owner (No mortgage) Property value £400,000.00 . Am on a gov pension & work part time 2 days per week. What is the best option?
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Car finance and mortgage help
Hello, My partner and I are looking to buy our first home and have found the house that we want to buy. We will have around a £250,000 mortgage and were told we could borrow £350,000 in our mortgage in principle. The issue has arisen that the new build will be finished and ready to move in, in March, the same month my…
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Home improvement loan, SMI etc
Bit complicated - sorry. Please bear with! I have a mortgage from a house I bought last year using a substantial loaned deposit from my mum. All done via solicitors. We have a declaration of trust/second charge charge in place and I have agreed to pay her 5% interest (matched to the savings account where her money was…
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How do you overpay a loan to avoid paying the early repayment charge?
For example, Zopa loans let you overpay and it consistently recalculates the monthly payments over a 4 year term every time I suggest I am overpaying online to see the monthly figure change, but as soon as I request an early repayment figure, it auto includes 2 months interest on top....
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Interest free credit - product hasn't arrived - how to proceed?
TL;DR bought a watch as a present on 12 months interest free back in June. It hasn't arrived. Not sure how to proceed? A detailed timeline: * 19th June: Bought a watch, apparently in stock, Paid £145 to the credit company (V12) * 26th June: Became clear it wouldn't be happening (not in stock, no longer in production) - was…
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Loan overpayment help
Hi there, inexperienced borrow here, looking for some help or advice (and please not criticism). In a bit of a bind, I took out a loan with Loans2go at an eye wateringly high level of interest. The loan sum was £1500 over 24 months, with a repayment amount of £4848. It was (and still is) my intention to pay this loan off…
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Northern Rock car loan compensation
I took out a loan with Northern Rock to purchase a car. Loan period 2005 - 2010. Paid in full. Who do I contact regarding potential compensation re hidden commission on this loan? Any help would be appreciated. Thank you
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Repaying Loan off Early - Extra payments Vs Money Transfer
Good morning all, I'm looking for a bit of advice with regards to paying my loan off early, and would also like a double check of my maths to ensure I'm getting this right. Current outstanding loan balance: £8,358Monthly Repayments left: 33 at £283 (so total left to pay = £9339)Settlement figure today: £8363 (just made my…
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Financing a car purchase
This has probably been asked a million times before but I would like to hear some opinions on this. I had to have my 12 year old Astra written off and the insurance gave me around £2k for it's value. I'm looking to buy a family car (nice size) that is around 4-5 years old. Firstly, any recommendations? Secondly, what is…
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Loan or savings to buy car
Hello all, Looking to purchase a new car but don’t know whether to use savings or get a loan. The money is currently in a Santander 123 account which I believe is paying 2% interest. The car/loan amount is £25k. I can get a loan with Nationwide or Santander at 5.9%. I am of the thinking that paying cash would be better…
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Requested A CCA this was my reply, help
We do apologise for the previous communication that may have caused confusion, kindly treat this as a follow up email. The original creditor has sold this debt to us on 2022/06/30, and it is within their legal right to pass this debt to a recovery agency as per your contractual agreement. As per the terms and conditions of…
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Paying off a longer term loan early
Hi, This seems too easy and probably wont work but would love to hear some advice. I'm looking to take out a personal loan with the bank and ideally would like it over 5yrs but my budget is £380p/m £21k over 5yrs is £417, rate is 7.4% fixed. £21k over 8yrs is £288, same rate 7.4% Is there a way of working out how much I'd…
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I need a very short term loan
Hi I need a £1500 very short term loan
to cover some DDs going through on Saturday. £900 is going in
tomorrow and £400 on Monday, which is too late. I have several items
for sale on eBay, amounting to £2000-£3000. A £1500 item has
almost sold. I hope to pay down the loan next week. I have no credit
cards and nearly at…
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Advice for credit agreement complaint
Hello All, I'm looking for a bit of advice, perhaps from someone who may have had a similar experience to me, or someone in the know. I have an account with a financial provider, well known, limited company, all above board etc. and Allows me to purchase products and pay monthly over a set period of months, I have used…
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Car Finance - New or Old?
Hi Everyone, I need a new/new to me car. Looking around at the offers and getting a bit confused. Here are my options: Option 1 Buy New 60k Vehicle purchase price / 10k miles per annum 0% interest on PCP £13k downpayment £500 per month Option 2 Buy Second Hand 55k Vehicle purchase price / 10k miles per annum ~10% interest…
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Barclays First Plus Loans interest rates
After 10+ years of campaigning against Barclays FP loan clause fairness the FOS has done a complete U turn and there is now a willingness to find in favour of complainants and for the above to negotiate settlement terms for customers who complained over the interest clause. I have contacted the FOS asking them to review…
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Klarna not taking payment after 13 months!
Having an issue with a finance agreement with Klarna. In short I purchased a Canyon bike on a a finance agreement with klarna. The first payment post was taken successfully one month after purchase (1st of August 2024, following purchase on 1 July 2024). However since this date no further payment has been taken. It still…
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Negative equity converted to a loan
Hi, I'm new to MSE but was hoping for some advice/guidance. A number of years ago, I split from my wife and subsequently divorced. We owned a home together with first and second charge mortgages secured against the property. The timing was poor and the combined debt was around £30k above the sales value of the house, so…
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Quid market loans affordability complaint
Hi, I had taken 7 loans out with quid market over a 3 year time frame. The first one was 2020 so within a 6 year time frame. i believe these loans were unaffordable for me and i was on a low wage and already taking out other payday loans ( I was unfortunately by myself with a young child) and got caught in a cycle. i have…
