-
paragon redemption
hi all, i hope someone can help im a bit confused, i recently asked for a redemtion staement from paragon as my oh is about to inherit enough to hopefully clear it, the breakdown on the statement is as follows: Current balance as at 12 july £53,851.37 interest due on 20th June £388.99 Add interest from last payment due to…
-
Secured loans
Hi all. Just looking for a quick piece of advice. I recently got a 100% mortage for a property ive been in for about 4 months. Is it possible for me to get a secured loan on it if i have a 100% mortgage? Also..........if you take out a secured loan........does it mean you can seel your house and buy another one during the…
-
Credit Solutions Need help
Evening Everyone I did have a loan and it has defaulted and landed in the hands of a company called Credit Solutions. The amount outstanding is £3700. They have demanded full payment immediately. If i had the money I would pay them, I called today to make arrangements to pay them a monthly sum, this was laughed off and…
-
Loans secured against 'other' property..?
A friend of mine is in semi-retirement. She owns her own house outright and does not work. She owns other properties, again non-'encumbered', and it is against these that she would like to raise c.£120,000. They are collectively worth maybe 3 - 4 times that amount but are not rented out. Is anyone aware of whether this…
-
Bank of Scotland's 6% Loan
Just a quick note to tell of my experience tonight. I'm in the process of getting a new car so the recommendation in the latest MoneySaving email of a 6% loan from Bank of Scotland was perfectly timed. I filled out the on-line application, at the end of which I was informed to call them. This I did and was told that my…
-
Secured Lending- Warning
Hi All A word of warning -If you already have a secured loan with payment protection and are contacted by the company offering more money for no increase in terms please do not get caught out. I used to work (For 5 months) for a secured loan company and the company would telephone the customer after a year to ask them if…
-
Loan protection Query
After studying the various options i have been offered a loan of £15,000 at 7.4% this was offered along with a loanprotect. I have now changed my mind about the loan protect and was wondering If i send the application back with the loan protect bit overwritten with no longer required can they refuse the loan????
-
HSBC Loan
I have an HSBC managed loan with £6353. I am currently paying it off at £200 per month which should leave me with 32 monthly repayments left. However due to the fact that they charge me on average £70 interest a month it will actually take me 48 months to pay it off. Has anyone managed to successfully get off a managed…
-
Short term loan
I need to borrow about £2,000 as part payment towards a car. I'll be able to repay the full amount inDecember when I'll receive a lump sum of money. I'm gathering money together from a variety of sources, (old car and savings) but still need this £2,000. I had thought of doing this through a credit card, ie, drawing the…
-
Fortis Lease
hi all. we had an agreement with fortis lease in connection with hire purchase on a car. in august last year we purchased a new car and and because we had paid more than was required we wrote to fortis to state we wanted to hand back the car which is our right to do. we cancelled the direct debit to them. now we have paid…
-
4.9% credit card or 6.2% personal loan
Will a no transfer fee, life of balance credit card (M&S) @4.9% be cheaper to pay off £5500 over a four year term @£130 per month than a personal loan at 6.2% over the same four year term, or is there some catch?:confused:
-
dwp loan!
hi guys, i received a letter last week with regards to a dwp loan i had whilst unemployed. fair enough you think, but not really as i have been with my present employer for 7 years now and this is the first time they have written to me, i have been told by my employer that because they have not contacted me before a…
-
my CDL and the training center appears to have gone into liquidation
Hello. sorry to start like this on my first post. I started a 2 year course with https://www.connectivitytraining.com last June. I had not been able to attend as many weeks courses as i had planned due to other annoyances at work and home coming out the woodwork and getting in the way. Anyway cut to now and it seems that…
-
~~ My Loan ~~
I don't have credit good enough to get my loan from a bank, so I'm seeking alternate methods of funding. Tell me what you think. The loan is for a membership site I'm opening. I went and got 250 people to pre-order a membership for $100 (One time offer, life long membership with VIP and benefits) That is $25,000 in sales…
-
Outstanding Car loan & needing new car
Here is my question, we have a car at the moment which needs £1000's of work on it and have been advised by garage to get rid ASAP. We are still due £2500 on this car loan and are now needing to borrow more from original lender Northern Rock or get another loan from somewhere else pay them and get another car for about…
-
rebuild credit rating
hi guys , im trying to rebuild my credit rating as my score is very low at the moment and i hear having a small can help, who is the best supplier to go to for a guy with a low credit rating? thanks
-
Combining Loans?
Two loans @ 7k taken out 03/06 HSBC = £10,000.37 (6.9% + PPI of £1,745.41) = £166.67 monthly IF = £8,257.20 (6.4%, can be overpaid) = £137.62 monthly We've already tried cancelling PPI, they won't do it. The settlement figure for HSBC at month 15 (05/07) was £6,686.72 Is it worth combining the two loans to IF so that they…
-
Consolidation Loan and Re-Mortgage Question
Myself and my partner have been struggling more and more each month to survive with the debt we have. I am currently looking in taking out a secured consolodation loan over 15 yrs to reduce our outgoings, so we can live a bit better each month. I was wondering if this will effect us when we come to re-mortgage next yr. We…
-
secured loan charges
HI was just wondering if anyone has claimed unfair charges on secured loans and mortgages as i have both G E MONEY/NATIONWIDE these charges happened 2yrs ago while i was fighting for life after by-pass op and hubby had to take time from work to look after me Some not all charges would never occured without the help from…
-
Lending Money -
Hi Is there any websites where you can download free legal forms? Save cost of going to a solicitor? I am lending a friend some money to help him buy a house, but wish him to sign a pormissory note, where by upon demand he has to pay it back. I need this assurity as no one knows what will happen in the future. He is happy…
