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Loans

Archives for August 2006

Advice on existing loans please?
Hi all, My car insurance has just came around and I noticed that Martin says never to take it as monthly payments (18.9% with Bell!!!!). Anyway, I currently have two loans with nationwide: £4500 @ 6.7% over 3 years, just finished the 1st year £500 @ 12.9% over 3 years, just finished the 1st year (this was meant to be an…
Ahhhh!!
Hi everyone, Just a quick question, me and my partner decided to tie some loans together so went for a application my partner had to visit the office to discuss this £6000 to borrow had to secure it on the house I couldnt attend so she went on her own. Got the paper work through £3500 to insure it £47 a month for 6…
Where can I get a loan?
Hello, I need an unsecured personal loan to pay off my debt to Inland Revenue. I owe them close to £3000 and was paying £120 a month for a few month. But the amount I owe them keeps growing. I think they are charging me a lot of interest. I have not paid them anything for the last few months due to a lack of money. But I…
Loan advise – Get Now or Later?
Hello, I’m looking to borrow 13k over 5 years and I see the best available rate is currently 5.6%, which I should get as I have excellent credit rating. Anyway, is now the best time to take the loan even though I’ll not need the money until Spring next year? I’m basing this on the fact the base rate has just risen and that…
Loan repayments upon borrowers death?
Hi folks - this is my first post, so please be gentle! :) I've searched the forum but not found what I'm looking for. It's regarding unsecured loans and the banks right to chase next of kin for payment in the event of the borrowers death. I have an existing loan with Cahoot and I approached them tonight about getting an…
Confused about car PCP agreement...
I'm confused, hopefully someone can help. I have a car on a 3 year PCP scheme, with 6 months/payments left. In feburary, I get the option of handing it back or paying the final guaranteed value amount (in this case £4276). I have a bit of spare cash and, as this agreement is at 10% interest I rang up to get a settlement…
Cutting the cost of existing loans
Hi all, I've been quietly reading and learning from this site for the last 5 months. Thus far I have got control of my debt problems in the short term and I'm now ready to actively look for the best deal. I'm hoping you can help me with a problem I have to solve... I currently have £1486.98 left on a personal loan with…
Egg Personal Loan Help?
Hi Everyone, I am trying to buy a car at the moment and am looking at the most effective way to finance the purchase. The car I am looking to purchase is £7,000 - and I have £4,000 which I have scrimped and saved to put towards it, but which is dotted around in different savings accounts etc. What I intended to do was to…
New Consumer Credit Act Early Repayment Rule?
Hi, I wonder if someone can help. I am looking to repay my personal loan early, when I originally took it out I asked what the penalties were for paying early and was told max of 3 months interest... of course when it comes to me requesting a repayment figure it appears that it is in fact the Rule of 78 that will determine…
Whats my best option???
Hi all, Due to umpteen things cropping up at once we are really short on holiday money and we go away on 5th oct for 12 nights to Menorca. I am looking for a smallish loan to help with spending money, if need be then any thats left if theres a minimum can be used to pay off somthing else. Anyone know of any good deals…
Bad Credit and Loans! Need Some Advice
Hi, i last year i cut my hours down from 45p/w to 16p/w to go back to college. This got me into a bit of debt. I also crashed my car last week, and need about a grand for a new car. Ive now finished my course, and will soon be getting full time work again. Thing is... i need a loan to consolidate my overdraft my credit…
Credit Score: Cancel loan or pay off loan after one month
Hi all, A couple of weeks ago I took a loan out with my bank for £5000 to purchase a second hand car. I then decided to buy a new car and have agreed a finance deal with the manufacturer. Now that I no longer need the bank loan (and I still have all the money), would it be better for my credit rating to pay back the loan…
help with loan i've got!!!
i took a loan out on the 11 july this year with beneificial finance for £1000.00, apr was 45.9% (bad credit rating), paid £900 off today and asked for settlement figure and they said it was £491.00 including intrest, does this sound right
Virgin money
Hi Can anyone help me, i want to either apply for a loan or 0% cc through Virgin. Checked my credit file and according to equifax my score is only 690, i know lenders have own ways of coming to a score but wondered if anyone has had any dealings with Virgin and know my likely hood of being accepted. Thanks for any advise…
£49 charge for a loan?
hi, just a question-i have been offered a loan for £5000 as lomg as i pay £49 charge (administration i think) when i return the completed signed forms, i was told i have been accepted so i think i shod definately get the money after i pay £49, is it worth it though? i am currently paying out over £500 in bills monthly…
Car Loan - How long is too long
Hello All, Firstly, my circumstsances. I have no debt (no loans, CCs, overdraft etc.) (apart from student loan) My outgoings are about £40 pm for my phone Due to recent circumstances (my gf going back to study) I have moved home with the folks (for the time being!!). I have my heart set on a car which would require a loan…
Car HPI
Hello Hope someone can help. About 18 months ago I got a car loan for my brother to help him get a car. 10 grand over 5 years, the usual. Thing is I don't want the debt hanging over my head anymore as I want to start a property investment business. He is in no position to get a loan to pay the loan off but can make the…
Unsigned credit agreement
I have a friend's credit agreement (been looking over it for her). It's a loan from GUS Finance Ltd for £10,000 at 18.8% APR, total repayable £17809.00. It has 'customer copy' printed over the bit where you sign. It hasn't been signed by her or her husband, just by the person who arranged the loan. In the T&C's, it says…
Loan & credit rating
Hi everyone, I'm looking for some advice please. I've just been offered a loan to pay for a course & qualification that should allow me to chnge career and get a much better paying job. However my concern is this: the loan is through CLydesdale Bank it is on small deposit(goodwill) and no payments for 12 months then APR of…
Loan to clear credit cards debts.
Can anyone give me some advice please? I've got 4 credits cards with a combined debt of £4000. I can usually only pay the minimum payments each month that totals about £80. I've been thinking about getting a loan for the £4000 to pay them off but after reading certain things its a bit scarey and I dont know what to go for.…

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