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Lloyds Loan my personal rate 24.9%
Every time LLoyds update their systems each month my personal loan rate varies considerably. It has gone from 5.9% up to 24.9%. When I have spoken to the respective bank they said it is based on a number of factors. I have never had a cheque, dd or standing order returned unpaid. I have checked my credit file with Experien…
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Need to raise £5k - how to be sensible
Hi, I need to find £5,000 to pay off the outstanding finance on a lease car agreement. I have exhausted the insurance policy route which I had in effect and now need to face up to paying it. I am beside myself as I do not have the means to pay, like most I guess. I have thought about keeping the car and finance agreement…
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How can I tell if PPI was missold...?
I'm looking into my cousins financial affairs and he took out a Black Horse Finance agreement with PPI. He's currently in dire financial circumstances and I'm trying to help him out by looking at his loan agreement. He took out the loan two years (36 month loan period) for around £20,000 + £2,800 PPI. His arrears are…
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PPI & Temporary Workers
After reading a thread (on here I think!) about Barclays PPI not covering temporary workers, I decided to challenge Baclays as my husband has the cover and was in temporary employment. Off we trundelled to the bank and after a lot of tooing and froing between the Branch Manager and a Personal Advisor was informed that no…
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PPI - Payment in Lieu of Notice
hi all, I'm thinking of taking out PPi just incase of unemployment. Looking at the small print, it says that it will start paying out after my 'Payment in Lieu of Notice' expires. What is this 'Payment in Lieu of Notice'? Does this mean that if I ever get made redundant (as I dont think I'll ever get sacked or walk out of…
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Nationwide Loan
Hey everyone, I'm new to these forums. I have been looking for somewhere to discuss finances and loans for a while and found this to be the most helpful. Basically in December 2004 I took out a £16,000 loan over a period of 6 years meaning I repay £310 a month (which is comfortably affordable) but now that I have a serious…
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career development loans-any better options?
hello so... i have just started a post grad, 1 year course. i have no income and need about £1500 for just 6 months. i am eligible for a 'career development loan', but they don't seem very competitive and many people get refused. right now i have a £1500 interest free student overdraft which is nearly maxed. i will be…
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Ppi
I recently wrote to HFC to cancel my PPI. I told them i believed i had been mis-sold it. I received a letter this morning saying that my complaint was being investigated and that they were concerned i was unhappy. Are they likely to do anything about it after all this or just say 'tough'?
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Barclaycard personal loans
Just seen an 'on line' loan offer from Barclaycard. Loans of £4000 and over for a rate of 5.5% for a 'limited' period. Here's a link: https://www.barclaycard.co.uk/products/applications/loan.html (Hope it works) Pass it on!! Red Dragon
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Northern Rock PPI
Hi Folks, Many thanks for all threads reference stopping costly PPI insurance. I took out a loan 3.5 years bback for £17500 with Northern Rock. It was implied that loan would only be granted if I took out insurance. I agreed. Following advice on this site I asked them politely to stick the insurance where the sun does not…
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Secured v's unsecured loan
Just a q, which loan is better? I have an unsecured loan, as at the time i was renting. Have bought my 1st place now, am i better getting a secured loan, would i get offered a better interest rate, my current interest rate is high really 10.9%. Just wondering if its worth looking into once i have been paying a mortgage for…
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What should I do? (car loan help!)
Hey guys, Took a loan of £4.5k (along with a trade in of 5.5k) on my car in July, through Ford Finance. Paying about £205 a month for 2 years, without any big final payment or anything. However, would it be better to get a personal loan, with a lower rate (my current rate is 8.0% APR, so that I own the car outright right…
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secured loan settlement strategy?
Hi My first post :D I have a secured loan with FirstPlus and my first credit priority is getting rid of the loan. I now realise, along with many others, the perhaps unfavourable terms that we signed up to with regard to early settlement. I soon want to settle this loan. I took out my loan of £30,000 in May 2001 and with…
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typical apr% northern rock
Hello All, I am a little confused - I have read all the information on Banking and Loans on this website and it was rally helpful. After all my investigating it appeared as though Northern Rock would be my best bet. 2 Nights ago I applied for a Northern Rock unsecured loan of £1500 with Typical APR of 5.7%. I have an…
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GE Money - Interest Charging when paying off...
Hi, I'm about to pay off a GE Money loan I took out a while back for myself and my wife's wedding. Now, they've turned round to us and and said that the redemption figure they quoted was valid up to 22nd of November. The thing is, the first figure we had was lower than the latest figure! Turns out they're charging me…
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HSBC loan after NR refusal
Hi there guys I've been reading here for a while and been impressed with your great advice, so its time to post my tale of woe and hope for some help! I have about £15k of debt, as follows: CitiCard - £3500 (paying £50/month on agreement) CapitalOne - £2600 (pay £20/month on CCJ) Halifax Loan - £4400 Halifax CC - £1700…
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Do banks have a duty of care for their elderly customers?
My Mum (76) rang me in tears on Friday. She is not very good at understanding money matters and my Dad is nearly 80 and a bit deaf. They already had a £20K loan from Barclays (instead of going for equity release). Anyway, several £K of this had been put in an ISA and a building society account for future use and to have a…
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question
Hey all.. first of all just want to make it clear.. this info is not for me.. i learnt from my mistakes and will never touch another loan or credit card.. Right, even thou i've tried to talk my cuz out of it, he wants to take out a £8000 loan to purchase a new car. he's 19, works full time, lives with parents and earns…
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Best loan rate
Hi I am looking for some advice I have a loan which I am looking to refinance due to a change in circumstances I am wondering if anyone knows the best company I want to keep the repayments fairly low and be able to pay it off early with no penalties any advice would be greatly appreciated
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Provident - Non money saving tip of the week !
A letter from Provident personal Loans arrived today. The example quoted was for £300, 55 weekly payments of £9, The APR quoted is 177% Is this legal ? Are they serching for customers of the failed christmas club ? Strange how we are not tempted !
