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Loans

Archives for January 2007

Advice needed please
I owe £2176 on a loan, £467 on a credit card, £200 on an interest-free catalogue and owe £800 on an authorised overdraft. A total debt of £3643. My credit card is charging around £5-6 a month interest and I am paying around £11 a month interest on my overdraft. I'm thinking about consolidating but I get really confused…
$52k for an online BA degree. Worth it?
Is it worth investing $52,000 on an online education for a BA degree in Software Engineering? I know after graduation I'll be in the hole for a while but I'm hopeping that the software engineering field will pay good enough that I'll end up paying off all the debt within several years. Whats everyone's opinion on this?
Help!In a terrible loan vicious circle!
Hello everyone, My name's Jamie and I'm new here.I really need some help and advice.I have a loan for £7600, A credit card for £ 4300 and an overdraft for £700(£12,600 in total) The loan's fine but I'm getting nowhere just paying the minimum on the on the credit card and the overdraft so I want to consolidate it all.I…
Interest free loan using the card trick - help!
I need approx £5k to pay for some home improvements and found the 0% interest 'card trick' mentioned on this website very interesting, however, I also found the explanation very confusing and am not sure as to how I might use this method. Can anybody please outline it to me in a step by step explanation for dummies??!! For…
Credit Rating
Hi, hope someone can help and apologies if it has already been answered before. I have just phoned for 3 loans for 12K at 3 different banks to get the best rate (which I now have) however I have found out that all 3 would have done a credit check and that this could now affect my credit 'rating' in the future. I have no…
SOS -- Short term liquidity problem -- New loan tomorrow
Hi there, I need to get a loan tomorrow. I need £3k - £3.5k. So I need £3k on Tuesday, and get paid £2.1 on Wednesday. As you can see a short term problem. Get 2.1k on 30th Jan, and £2.9 on 28 Feb so money can be paid off within 30 days. Also have approx. £12k offshore which I am bringing over to UK. My problem is I have a…
Loan from friend!
Hi everybody, I am in the early process of buying my own first home - a first time buyer, so all debt is seen as outgoings, and crushing my affordabiility etc. I don't spend on my credit card, and don't struggle to meet payments, but I don't pay enough off to substantially reduce it. My Dad, who does not know about the…
?ACTUARIAL? Loan Calculator
Does anyone out there have some kind of formula for working out the final settlement on a loan. I phoned the A&L yesterday, and they gave me a figure about 1500 more than I had worked out.:mad: :confused: They say they dont use rule of 78 anymore. They now use acturial calculation. As I have asked, does anyone have some…
HSBC Managed Loan help
Hi All, I have a HSBC managed loan ,taken out March 2002 ,the initial sum was £2600 ,I have been paying £40.84 for the first 2 years and for the subsequent almost 3 I have been paying £50 .I still owe £909 . The thing is I calculated that at the current rate of payment I will have paid £1071 in interest which represents…
Student Lon repayments
Hi, I graduated in 2000 and owe the Student Loans company £6000. I have deferred repayments every year as my salary is beneath the required amount for repayments (I earn £21k pa). However I am due a £1000 payrise soon which will make me eligible to start repaying this loan. Unfortunately I have other debts and outgoings…
Cahoot! Argh!
Right, I have a loan with Cahoot, which as of 11th January had a balance of £4400. I am paying the loan off (this is a condition of me getting a mortgage from Nationwide), so using Cahoots website I chose to close my account (on 11th January), and was informed they would take payment via direct debit immediately. 4 days…
Advice on getting a loan for work retraining.
Hi I am currently self-employed but have been struggling with my business over the past 6 months or so. Due to the lack of work my money issues have started to get a bit messy and so I feel that my credit score is probably down the tubes :( I recently put my business on hiatus and I'm now working full-time on a…
A home loan with no job??
Hello everyone, hopefully some of you are interested in helping a newcomer. I have started making some big decisions in my life, including getting engaged and going to graduate school. My future wife and I plan on getting married before our last semester of school, and while finishing our final semester looking for jobs…
help me!!!
when i turned 18 I decided to get a loan out to help a member of my family, so i got a £3000 loan out over 3 years but im in trouble the loan interest rate is 42%. Iv recently lost my job as well and managed to rack up a £900 overdraft plus a £156 phone bill and also another bill of £101!!! What can i do? I need a loan…
Unsecured Personal Loan
I need to borrow about 6k for debt consolidation, i have a loan with welcome finance for 2k and am paying back 163.36 p/m with 66%apr. My credit rating isnt that good, Can anybody help?
self employed loan
i took a loan out last year with lloyds tsb as they are my bank and the rate as 6.9% i think, as it is a graduate loan i can make early repayments and finish loan early with no stings! Being self employed meant i couldnt access northern rock for a loan is there anywhere else i can go to get a better rate with similar rules…
ozh
having been retired 2 years,and finding our pensions are being eaten into a little bit more every week my wife and i were wondering about equity release on our property,our house is worth about £150000. we have 3 grown sons who all have there own houses and good jobs,and there are no problems about inheritance[they can do…
help me find cheapest way of borrowing 5 grand
HI, I have had some great advice recently from you helpfull people on this forum and back for more advice. I have read through the other main pages on the sit and am a bit baffled with too much info. Could someone advise me on the most cost effective way to borrow £5000. It is for a new van for my new business. I have…
Quick question on a possible loan application..
Just thinking out loud really,but if I applied for a CC today online and got accepted,then applied for a loan with the same company on the same day can i assume that it would also be automatically accepted? Any reason why I wouldn't be for the loan.? Just thinking out loud really..? Cheers! T.
zopa
im thinking of borrowing money using the zopa loan site. i was wondering if any of the lenders were allowed to up the interest rate once i have signed up or is it fixed for the term of the loan?? thanks if anyone can help

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Loans

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