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borrow against mortgage?
helo all..im looking to take out a loan for 15k over 5 yrs and thanks to this site ihave found that moneyback bank appears to be the best bet at a typical rate of 5.6%.i seem to recall however that its possible to borrow against the equity in your home at the same rate as your mortgage..any advice any one??? many thanks…
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PPI on loans
:confused: I heard an advert on the radio this morning about being misold PPI on loans and there is a company that can help claim it back. I dont really understand what it meant so need a bit of advice.. I have protection on my natwest loan that i took out a year ago, this protection has obviously bumped up my payments a…
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Taking out a seperate insurance policy to cover loan payments
in the event of accident, illness or unemployment. I take it that it's a far better option to take out a seperate policy rather than take the loan provider's ppi? I've just done a quick search on moneysupermarket and i'm getting quotes of about £6 to protect my £140 a month loan payments. Does this sound right? Kind of…
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Really appreciate advice Re; loan
Hi, I am looking to repay an existing loan which is linked to my hubbys business (the business does no longer bring in enough money to cover the business loan, so we will be scraping the money out of our current account!) This is a really daft question but my hubby is determined to take out the barclays loan as it includes…
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Could do with some help re: figures
I have a NR loan for £6000 @ 9.9% which isn't the greatest. A casing point is I have already made several payments of £96 a month but the loan is still sitting at £5901. I believe the loan was taken over 8 years (yes it was a stupid moment, but hey we all have em!) So I have £3000 (hopefully) What effect will paying it…
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Does phoning around for the best loan alter my credit rating?
MSE virgin - be gentle with me. I'm looking to move my Cahoot loan as it risen from 9% to 12.2% and was told by Northern Rock that if I phone around too many lenders that my credit rating is affected. Northern Rock were only the second people I'd called and I've not called anyone after. Can the good people of MSE enlighten…
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Northern Rock PPI
Has any body had any problems cancelling their PPI with Northern Rock. After reading Martins money tips email regarding which companies/banks allow you to do this I wrote to Northern Rock to ask to cancel my PPI but I have twice been told that I am unable to do so. Just wanted to see if any one had any trouble doing this,…
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Want to drop my loan insurance.
Hi . I have a loan with Northern Rock, which when i took out, i also took insurance with. The insuarance premium was huge and adds 25 pounds to my monthly repayment. I now want to cancel that part of the loan. I know i have the right to do it, but instead of just stopping that part of the payment, they are insisting i must…
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Refused credit despite good rating
My boyfriend went for a loan for £20K consolidation with Abbey (he already had one loan with cahoot and apparently abbey took them over). Equifax has him down for an Excellent credit rating. Recently we have obtained a mortgage and the only thing on his credit file is one late payment to Next by one day. He earns over…
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55k Loan options
Hi, I'm looking at the moment for the best options if I wanted to borrow 55k to buy a house abroad. I am going to be buying it with my brother. We currently own house with no mortgage which is valued at about 500k. I have no debts and about 10k in savings. My brother has around 15k in debts and no savings. I was thinking…
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Unsecured Loan despite Bankruptcy - Possible? Help/Info Please
Hello Guys Looking for a little help with Loan information for my Mother. A few years back she was declared Bankrupt, but she is currently wanting to buy a small property with here partner. Re-payments are not a problem, in fact a very short-term loan would OK as it could be paid back quickly, getting the loan is the…
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Beware Cahoot Loan Closures
I had a loan with cahoot of approx £6000...i paid it up early,by asking for settlement figure online,which it gave me of £5272.18..and i proceeded to fulfill the loan there and then..this was sept 1st. i got my bank statement confirming it had gone to them..all ok Then in Oct i got a letter informing me of a missed…
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credit card cheques
I seem to remember being told these were not good value but cant find out where it was. Any help please
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Loan advice
Hi all ........Having applied for a loan with my building society via internet banking . It took a week for them to make a decision but in the end the loan was accepted in principle and later that day I was recieved a phone from the building society asking me if I would like to borrow more than i had ask , which I didn't…
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I only wanted 1 loan, got 2...? Someone made some commission?
Hi, Just trying to get to grips at the moment with a situation that started when i took out a loan with the Halifax bank 4 years ago. I approached my bank asking for one loan of £17k, i was refused, but offered 2 loans, one of £7k and one of £10k, which in retrospect, very desperately took. Signing on the same day,same…
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Cancelling payment protection
Hi there! Newbie here.....I've used this site alot for saving pennies, but now i need to ask a question about my bank loan. I read the recent news about changing my bank PPI to another cheaper one and thought I may go ahead with that. But does anyone now if i can get back the payments that i have already made for the past…
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Instant decision unsecured loan
Hi, Does anyone know of any companies that give instant online decisions for loan applications? Ideally I'd like one where you don't have to submit pay slips as my filing system is not too good and I haven't kept them all. Many thanks
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loan or mortage for renovations
We recently inherited my late father in laws house, so are mortgage free:j However, we do need to do some renovating, so would it be better to get a small mortgage or a loan?? can you actually get a mortgage on a house you already own? (about £25,000 max)
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8 year old loan please help
please help I sucsesfully applied for a 1000 pound loan with the Abbey National bank in 1999. and also had a bank account with them. I recieved the money and began my repayments. approx 6 months later I fell into fianancial difficulty and my loan was reffered to a credit agency . my bank account also fell into ruins and…
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HELP it isn't me
Hi all I have started to recieve mail from a company called AIC located in Glasgow they say i owe royal bank of scotland over £3000 pounds and that the person is on the eletoral roll at my address.as the person has the same name has me the bit i dont understand is i have never had an account with RBoS I have phoned the…
