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What Shall I Do
I was just checking my finances and discovered this:- Loan with cahoot - £6661.19 outstanding APR 14.9% paying £135pm (flexible loan so no end date) Loan with Egg - £12705.77 outstanding APR 6.73% paying £287.20pm (50 months left) Credit Card with First Direct - £470.80 outstanding APR 17.9% paying 40pm (minimum payment)…
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Business Loans
Hi, I have a business loan with Lloyds TSB and I have just found out they have charged me £2850 for repayment insurance. They informed me that unless I take out the insurance they would not agree the loan but at no point mentioned the price. Now I have found out how much it was, I plan to cancel it, obtain the refund and…
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Convert overdraft facility to Loan / Credit Card
After purchasing a new car recently, and after finally shifting some funds around from various places, I have a balance of £6000 currently as an overdraft facility linked to my Woolwich Mortgage rate, at I think 5.9%. I reckon I can pay this off within a year, maybe 18 months if I leave this where it is. I have looked into…
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Rejected application on a Credit file..
Just out of interest how does a failed credit application appear on a credit file to potential creditors..? Also do they appear on a file immediately? T.
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Got MS and hounded for more money-please help!!
Hi there, Foolishly 6 years ago i borrowed £10k from Lombard Direct in my maiden name (was married at the time). Now divorced and part of divorce agreement i took this loan on solely an kept the house. The loan wasn't secured on my property-thankfully! But, since then i lost my job and was diagnosed with Multiple Sclorosis…
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Open and Direct
Hi all, first post here, will try to keep it short as poss. My wife took out an hp agreement on a cinema system in October 2001 with Open and direct. Her first direct debit came out in Dec 01. She payed 6 payments and then requested a settlement figure which i paid, roughly £588. Now, the terms of the contract are that if…
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APR of loan not what I wanted - OK to reapply thru another company?
Hiya I applied for a loan with Northern Rock for £15,000, which advertises an APR of 5.8%. I spoke to them today, and i've been accepted, but the APR is 7.9%. This has upped my monthly payments and, obviously, the total amount repayable. My question is this - there are other companies out there that offer similar low APR's…
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overpaying, avoiding early redemption
I have a loan with Lloydstsb. I have 2 years left to go. I want to repay as have remortgaged. If I overpay do they adjust monthly payments. And can I leave it open with a small amount to repay to avoid early redemption payments, and then make the last payment. Is this a good idea or will I end up in more of a pickle? I…
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Credit card or loan?
I want to borrow some money about 8k. Should i take out a loan or add it to a 22year mortgage or hop around on 0% credit card rates?
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Loans - are companies getting fussier??
No offence intended to anyone at all on here - but my credit history is not in the same dire straits as many. I have 3 credit cards, a mobile contract, a loan, my broadband & my monthly car repayments. I applied for a loan from A&L (I am not an A&L customer) via peopleschampion.com (according to their equifax check, my…
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Black Horse Finance
Hi Has anyone had any dealings with Black Horse Finance. We have had a loan offer, ( well 99% sure today ) for £9,000.00, but I won't know the apr until the details come through. No worries haven't signed for anything. Is their apr extremely high or depends on your circumstances. Unfortunately we are able to go for the…
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A & L Cancellation Charges
I have recently taken out a loan of £25000 at 7.9% APR with A & L (was an existing borrower) over 60 months for a car (£498 per month). My intention is to sell the car after 36 months, i.e when £15000 of the capital has been repaid. In theory then, the settlement figure at the 36 month point should be £10000 + one month's…
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"Managed Loan"
Hi guys, Following being turned down for a normal loan by HSBC they then offered me the chance to apply for what they called a 'Managed Loan' - when I asked what this meant all they told me was that the interest rate was basically higher! Does anyone know anything about this and what it actually involves? Cheers James
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is it worth trying for a loan?
hi just wondering if its worth trying for a loan or if i would be better off paying off everything i owe seperatley? i currently have 2 cc's 1 sc and 2 catalogues to pay off and was wondering if i would be better off bundling them all up together and paying just one monthly dd its about £2000 of debt not quite but near…
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better loan?
ok i have a secured loan and i owe just under 10k and im paying back 117 quid a month, i really wish i had spoke to cccs before i took this loan but its done now. can anyone link me a site where i can get a better deal? preferably without payment insurance. thanks
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Zopa credit score?
Does anyone on here know how the Zopa credit scoring thing works? I mean is there a way I can make sure that I am an ABC customer before taking out a loan? Does the credit score take place only when you apply for a loan or when you join? DT
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Reasonable Loan rate?
Borrowing: £10,000 Term: 5 Years Total repayable: £13,600 That's about 15% APR isn't it? Is that reasonable for a low earner (£12k)
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Loan APR's? Confusing! HELP!
Hiya Im trying to get my head around loan APR's, and the total amount payable - things like that. Here's an example for you...(using Northern Rock's 'Loan Calculator' - note, I did not include any PPI) If i want to borrow £15,000 at 5.8% APR, over 4 years, the total amount payable is £349.89 a month. Times this by 48, and…
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ppi - ignore at your peril
picture the scene the mrs very kindly ok'd me getting my grubby's on my first brand new motor - a zafira no less i phoned our bank alliance and leicester for the car loan and the guy in the call centre in leicester was mr nasty from nastyville he was a very angry man -why? cos i would not sign up to £3000 extra debt thanks…
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help me im in a real muddle-firstplus/ppi
ok here goes i have read as many posts as possible to see if i didnt have to bother anyone but i seem to have got myself so muddled up. in sept 06 took out secured loan for 20000 with firstplus(hadnt stumbled on this site at this time!!!) then i was sucked into ppi for 3986 (if any1 is interested i had told them already…
