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Loan options help please
This is my situation.... I earn £49k pa. I have £4.5k on a GE money credit card at 0% until May. I have £162k at 4.29% fixed until October with 23 years left on a Halifax mortgage. We're getting married in May this year and as my better half arranged most things, costs have increased as well as some of her earnings not…
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Advice on early repayment of a loan needed
Hi, Itook out a new personal loan combining an old loan and some newmoney totalling £12500 with halifax.It is with a five month paymenthoidayto start of with (which im in month 1 of). Myquestion is that I will have around £5000 cash at the end of this month and thought it'd be a good idea to pay some of the loan of with it…
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Bad Credit Loan?
Anyone know where I could get one? According to Garlik my credit score is 1* 415 so not great by anymeans, but I need to do something as I took out a loan with Welcome finance 4 years ago for £2000 and it was supposed to finish on 05 but as yet I still owe £1200 and I have been making my payments, its due to there high…
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Is this possible?
Is it possible to transfer my outstanding debt from my egg loan via a balanace transfer to a credit card? I have to admit i was naive when i got this £10,000 egg loan nearly 2 years ago and i checked the recent documentation from egg saying that ive got 74 repayments left of £158. I quickly totalled that up and it amounts…
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i need a 30k loan, i only earn around 15k per annum.
my main bank account is with barclays where all my work payments goes too...should i just take a loan through barclays as it will be less hassle....my credit rating is not the best... i was also wondering if i used my credit card which has 5k limit, take all 5k out and then transfer this over to another new card which has…
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Need help with getting a new loan
I've had a loan with HSBC and been paying it off without missing any payments. But the amount is starting to cripple me each month and the amount has payment protection as well. So I went in to speak to someone in a branch to see if I could get a better rate. They came up with some numbers and I asked if it was with…
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Paying Off A Loan Early
I had a loan with Natwest and when I remortgaged with them I borrowed little extra and paid off a loan I had with them. I was under the impression that the penalty for paying off the loan early would be one months interest. When I went in to pay it off the actual amount was over £400 . I challenged this and rang the loan…
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Credit Unions offering loans at just 1%
Hi I am a volunteer at my local Credit Union and they are brilliant. They offer low cost loans at just 1% on a decreasing balance. What's the catch i hear you say. There isn't one. Credit Union's are based all over the country and have been going for years. They are voluntary run by members for the members. All you need to…
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Need Help With Loan And Ppi
Hi, wondering if anyone has any advice, i took a £3500 loan out with RBS when i was younger. Got PPI. Went overdrawn and they added more on to my loan but also more on payment protection. Did this about three times. (by the way i went overdrawn with the help of the bank charges! trying to claim them back) I have paid way…
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helped kids get on housing ladder need advice please
HI hubby and I ‘lent’ deposits for homes to 3 of our 4 kids about 2 years ago to help them get on the housing ladder.( last kid is ‘borrowing’ uni accommodation fees at age 19) aprox £15,000 each child. I am 54 and hubby 58 . the idea was that the 3 older ones would start to repay this past sept to help fund their sister…
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Is this mis-selling
My son took out two loans with Halifax approx two years ago, whilst helping sort out his finances recently we discovered he had PPI on both loans. He is self employed running his own business and we asked why he had this. He says he was told by the bank that if he didn't take the insurance he probably would not get the…
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Lost loan agreement
Hi there, I am currently in dispute with my bank and a number of issues: 1. Bank charges. 2. Early settlement charges. 3. PPI I have recently been informed that the bank cannot find my loan agreements, I cannot remember actually signing one, I think it was all done over the phone. Question: Where do I stand if either they…
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Incompetant bank staff & credit file
I'm new here so hope this is in the right place. Anyway, I was recently made redundant and spoke with my bank who provided me with a personal loan to see if I could have a payment holiday. They said that I could put off payment for 1 month then another 1 month until I got another job. Before I agreed to this I asked if…
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should I pay this amount off?
Hi, I have an outstanding car loan of just over £6k (that's the total I'll pay when the loan completed in 2010. At this moment in time I have savings totalling £3000. I telephoned the loan provider to see how this would affect my loan. She said that although it would reduce my term, the actual amount I'd end up paying…
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Stick or twist?
Hello everyone, A few years ago I took a loan out with the Halifax bank over 7 years. This was all going well for the first 3 years until the bank stopped taking out the direct debit for the monthly amount. I didn't notice for the first 7 months ( not very good with money you see! ). It is now over 2 years down the line…
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confused with balance transfers and loans
hello all, OOh my very first thread. Just wondering if anyone can help. I have just cancelled the new &MORE credit card from M&S the reason being that I was going to transfer the money I owe on an exisiting bank loan on to the &MORE card and take advantage of the 3.9% for the life of the balance deal. But apparently you…
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Yes Loans. No Loans!!!
Hi There, I think I have messed up my credit rating and I'm afraid to apply for anything else right now in case I'm right. The reason for this is because last summer I suddenly realised that I still had a student overdraft of £1000 owed to the Halifax, a £900 overdraft with Nationwide and 2 loans equalling £1500 a store…
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Loan Rejection - Confused and in need of ideas
Hello all, I am looking at getting the loft converted to create another bedroom in my property as we are expecting a baby to come along around August time. I have seen an architect and he tells me the work is not going to cost less than £25,000. We applied for a loan through my employer (I work for a bank) as it would be a…
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advice on 11 year old debt
About 10-11 years ago I purchased some items at an event on interest free credit. I filled in all the forms and though no more of it. I have just recieved a demand for around £450 relating to this. I think this is the full price of the goods. I have had no communication from anyone regarding this before. I need to check…
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Newbie on Loans Formum - PPI Question
Hi all, I'm normally hanging out in the DFW forum but thought I would ask the loan experts on this one. I have a loan with HSBC and Capital One which both have PPI on which I hate paying knowing I can get it cheaper elsewhere :mad: Can anyone tell me if the have managed to cancel their PPI with any of these companies and…
