We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Loans

Archives for May 2005

Loan Advise please
hello,i took out a loan with alliance and leicester in january for £10000,the payments are £223 per month with payment protection.Now however i have the opportunity to buy a small business for which i need £5000.Would it be better to get a £15000 loan from somewhere and pay the original loan off and still have the 5 grand…
PPI on Loan
Hello I took out a Northern Rock Loan a couple of years ago with PPI. Not knowing much about this sort of thing (much to my disgust now!) I assumed I could cancel my PPI with them as I had read so many articles (not from this site as i have only just discovered it) saying how it was a bad idea and to cancel it if i could.…
Loan Query.
I've applied for a loan with Liverpool Victoria, which has been provisionally accepted. I'm happy with the rate - no problems, but they have asked for my last 3 wage slips, a utility bill, and my last 3 bank statements. Now my last 3 bank statements are going to show that I have been constantly overdrawn (albeit under my…
Blackhorse loan any one?
Hi, I would like to know if anybody have experience with Blackhorse loan. will they lend to ppls with poor credit history?? I currently have about 10 searches on my credit file in short time. will they lend? or coz of searches they can't?
Interest Rate Definitions
Can anyone describe the difference between apr and pa interest rates as i would like to compare different balance transfer rates.
How To Get A Loan If Disabled & Not Able To Work
Hi people please help us. Both my partner and I are unable to work due to ill health. We have two credit cards. In total our debt is around 4K. We thought about doing the 0% Credit Cards but got turned down due to not working. So we then thought of a loan we just tried to do it online and typed in disabled ( which we are…
Ex Wifes Personal Loan
After arguing with the HSBC to stop Ex Wifes personal loan being paid out of my partners currant account, payments have resumed after 3 months of them being stopped. The loan is solely in Ex wifes name and the banks view is that someone must pay it....why does it have to be us? Surely the HSBC cannot make someone pay a…
Can you get 2 CCJ's on the same debt??
Hello, I have a question regarding a very old bank loan which is in the hands off a debt collector. They took me to court 6 years ago and I got a CCJ. I was paying back as much as i could each month but due to ill health have been unable to pay anything for a few months. They are threatening to take me to court again. Can…
V.Confused UNSECURED LOAN VIRGIN
Dear MSE's I am in a quandry, I desperately need help ! I intend buying an Industrial machine, I need 15K, unsecured. I relocated to the U.K from the U.S 3 years ago, unfortunately I did not register on the electoral roll. I have been at my present address for 9 months, I am on the electoral roll. In the last 19 months H.P…
have cahoot flexible loan how can i get rate down
have a cahoot flexible loan when i got it it was 5.9 % it went to 6.5, then 7.7 and now has gone to 8.8... and for some reason they declined me when i tried to change to the cheaper fixed rate loan from cheaper( all i wanted to do is transfer the balance)... is there any way i can save money on this loan as i am not happy…
Loan Protection, Yeah Right!
My hubby is a sole trader and took out a bank loan last year to buy a van. For some stupid reason he took out the loan protection insurance costing £880. At the time I did not realise this. When I phoned his business bank manager to query it she told me the following: They had added the loan protection insurance to the…
If only I listened!
I know- its too late but this is the thing- I have 10K worth of debt with HFC- (wish I never approached them in the first place :confused: )- interest is at 17% for this unsecured loan which I took out three years ago- the thing I wanna know is- I know that with credit cards you can switch to 0% balance transfers, can you…
Using your CAR to secure a loan
I noticed this website listed in a local paper. Log Book Loans Now, im not sure if this has been mentioned before but if not..... Could this be a viable option for those requiring a loan without running the risk of losing their home should problems arise. I don't think you will get fantastic rates from this company but…
Followed advice from website but think i have been stung...
Hi, I followed the advice of this website when choosing a loan and chose the Cahoot flexible loan. I have taken out a loan of £3000 and have been following my repayments and can't quite work out why i have paid £67 p/m for 6 months and still have only paid £145 off the loan. Now i understand that i have to pay interest but…
Northern Rock unsecured loan.
Hi All, First hi to u all ppls in here. I would like to know, i have applied for Northern unsecured personal loan on Monday the 23rd but still nothing hear from them. they used equifax for search and my score is 435 there. Did anybody know how long they take for decision? and is my credit score ok to get a loan? any reply…
Is it worth swapping?
I currently have a loan with Cahoot (6.9% APR) with £8999 outstanding (settlement figure) - I currently pay £297.53 per month and have 32 months left to pay (would cost me £9520.96 to stay with them to the bitter end). The problem I have is that I need to get a mortgage and the monthly repayments to my loan affect the…
secured loan or remortgage for £32000 debt consolidation?
The problem I have is that I have £32000 debt on cards and loans and want to start again with a clean(er) slate after consolidating my debt and chopping up the cards. I am currently paying around £400-500 a month for these debts. I would prefer to stay with my lender (Nationwide) to keep the relationship going with them,…
financial crisis
I'm in a financial crisis. I'm in need of a loan but can't seem able to get one from these loan centers online or my bank because of my credit but I am employed and am able to make monthly payments to payback the loan but still I have not been able to get one. Anything I can do or anywhere else I can go to get one?
Consolidate?
Hi there, Just looking for some advice, I currently have 5 different credit cards with balances outstanding of just under £15,000. Is it a good idea to take out a loan to pay off these cards, I am currently paying about £270.00 per month on the minimum payments respectively. I already have a loan with my bank Natwest which…
Typical APR's ???
Been Applying for a 10K loan recently - got a reasonable credit score but am not always getting the advertised rate - Northern rock offered 6.5 instead of 5.7% has any one else had this issue

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

Loans

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Loans

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free