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Loan Protection money not used for purpose
Hi All Can anyone tell me can a bank use loan protection money to eat up their excessive charges instead of paying off the loan. I took out a loan with loan protection, had accident at work and was off for ten months. the loan protection dept paid the money into my account, (payments were paid in very irregularly) Nine…
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EGG Early Repayment: Daylight Robbery??
Hi, I'm new to the site and I'm hoping someone can advise me... I am soooo frustrated. Since the arrival of new baby and starting a business (I kno, the 2 really don't mix) me and Hubby are nervously juggling funds. We need to reduce our monthly outgoings longterm so thought we'd get rid of an EGG loan he took out in July…
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initial repayment holiday
Could anyone help me with some info? I am currently trying to sort out my debts into a more manageable monthly amount. Therefore I am looking at getting a loan over 5 years (unsecured). I know the lowest rate is about 5.6% at present but does anyone know if there is one available that gives you 2 or 3 months before you pay…
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Loan Refusal- quick questions
I've just been refused a loan by Alliance & Leicester- I hold a credit card and current account with them so its a bit of pain. I've never been refused before and my credit rating is good (just checked with annualcreditreport). I only wanted to reduce the apr I'm paying on my personal loan at the HSBC so its not really…
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Lloyds TSB keep phoning
Hi, This is not really money-saving but I'm sick of Lloyds TSB and wonder if someone can help! I keep getting phone calls on my mobile for someone calles "Anatolia", who is not me. I have no Lloyds TSB accounts/loans etc of any description whatsoever, so either they have been given a wrong number or someone has entered…
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PPI Cancellation Advice Please
Could someone please advise on this? Was kindly given copy template of letter by other poster to send to my bank (TSB) after I had phoned them to ask if I could cancel my policy and was told NO. They then sent me a letter explaining they had got in touch with my bank for a report and was told we were fully informed of the…
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Help please!!
I took out a loan earlier this year for £4000 and it was apparently secured on my property. I have no other mortgage, just this loan. I'm disabled and can't work but get incapacity benefit and DLA. I've missed 3 payments and wrote to them telling them I was having difficulty keeping up the repayments but that I would be…
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Got an upgrade on my loan but.....
We currently have a loan with cahoot for £8k, decided to get an extra £5k. So need to borrow the full £13k then repay the remainder of the £8k loan off. Well did it online yesterday, all went through fine and been accepted, but obviously will only get £5.5k as remainder of other payed off. Got all the bumff through this…
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Best loan deal 48 months
Hi. my car has suddenly died and i need £3000 over 4 years. ive seen Virgin are offering 6.9%, that would be £84 per month over 4 years with protection cover. is there any better deals out there. THNX
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Where best to apply for a Loan
My flatmate is thinking of applying for a loan of about £20k. Basically, his parents lent him money to help him through his degree and subsequent masters, however the due to a change in their circumstances (retirement), my flatmate feels it is time to pay them back. He is on a salary of £28k plus bonus (about 10% p.a.),…
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999/1000..but will I get a loan..?
I've just signed up with Experian online credit report and have been given a credit scoring of 999 out of 1000,which I think is incredible considering I have had(Payplan) payment arrangemants in the past with 2 CC providers and a few late payments here and there(listed as 3's..?) Anyway how much is the credit score viewed…
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no idea what so ever!
:confused: Please can anyone help? When it comes to finance i am pants. I have a personal loan of which i took out £8000 over 5.5 years from Barclays as a postgraduate loan. now i have paid insurance off i owe about £ 7000 and i still have 3.5 years to go. I think the loan is at 6.9% with payment protection at £181 a month…
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Loan..quick question
Hiya, I'm 18, young I know but have been employed with the same employer for over 18months and am earning over £11k. I'm after a loan for a car, I tried £8k and was promptly turned down by quite a few lenders. Reason being I had no previous credit history, and they suggested I buy a contract phone to boost my credit rating…
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Want interest only fixed rate loan. Any chance?
Hi. I'm looking to raise £30k to put into a business on the back of the £80k equity I have in my house. My mortgage lender (Abbey) is happy to offer this on an interest only basis, but only on a variable rate. I was hoping that there would be a lender out there that would fix the rate, even if it was only for a couple of…
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Am I Stupid
I am about to buy a car and want to organise a lone. but I have been intrigued recently reading about "stoozing". I was reading MSE this morning but I cannot understand this bit " The alternate method requires the new Egg Money credit card. This pays 4% interest if you have a positive balance on it. Therefore get it then…
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Refused... dagnammit
Ok... facts as I know them are.. 1) never had any CCJs Default notices or bankrupcy 2) have a regular income 3) been in my current address 18 months (previous two addresses were only 6 months, previous address to that was 18 years) 4) Had the same job for a year 5) currently have roughly £4000 debt (loan and small credit…
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Loan interest rates
Hi Guys Is their much difference from a 7.7% rate to a 9.9% - as the repayments are only around £10 a month more - I dont know much about loans but im extending a £5K 7.7% loan to a £7K 9.9% loan over 3 years to consolidate. Thanks
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Loan refusal
hi i have been trying to get a loan but just got refused i have recently changed jobs so know that this may be a problem. My hubby has had ccj a few yrs ago which i only recently told me, would his debt problems effect me getting a loan?
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Another Northern Rock Grumble...
I just thought I'd bring this up for discussion. I applied to Northern Rock for a £4k loan to buy a new car. Originally I requested their cheapest PPI (£2 p.m.) and they came back with an interest rate of 9.9% (not great but this was my fall back plan so I wasn't overly worried). They called me up and I complained about…
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I have no credit rating?
Helloo I've been lurking here for ages, learning the art of moneysaving. I wanted to apply for a credit card and do a bit of stoozing so I checked my credit rating online with Experian... They told me they couldn't verify me electronically and so I am supposed to send a passport, birth certificate, bank statements etc. I…
