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Car loan reducing payments
I changed from having a company car for years to buying a Saab Convertible over a 4 year term with a balloon payment at the end. I am currently paying £640 a month for the car which I can manage due to the car allowance I receive, I am however struggling to cover costs like road tax, servicing, tyres etc I was told by the…
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59% Interest Loan - got to better surely!
Someone at work is clearly desperate as he's seriously considering taking out a loan for £2,500 at 59%. His credit rating is obviously not the best and I have since pointed him in the direction of MoneySupermarket's 'Smart Search' that Martin recommended in his article, but does anyone have any suggestions for any…
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My Loan now gone up to 19.9%APR!!!!
:eek: Hello! I have a Flexible loan of £9k with Cahoot which has just gone up to 19.9%APR!!! I also can only afford to pay the minimum repayment on this.. Now is anyone else in this predicament with Cahoot and what have you done if anything can be done? Are they allowed to put the APR up this much? I have applied for other…
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Financial Ruin Already?
I'm in need of some serious advice, please:D I have recently finished a loan with a family member and have no credit out-goings apart from your usual D/Debits for insurances, elec, tv bill etc. However, I dont earn much, bout £1k month after tax and have £900 left to spend but I'm having difficulty getting loans for £2/3k…
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loan help
i'm looking for a consolodtion loan for £17000 for our debts, found one on money supermaket but as our home is a right to buy bought home most companies wont let us apply. Has anyone got any suggestions. We are hoping to pay it back as soon as we can, over 3 to 5 years depending on the monthly payment. Thanks.
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Second loan question
We currently have a home loan and are looking to get a second loan so we can add on to the house. We called the original mortgage company and they are wanting to do a loan based off the equity in the house, which isn't enough. Do any of you have suggestions on where or how to get a second loan totalling 50-60K?
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I need to get rid of this loan.
It's like a millstone around my neck. It's a Cahoot flexible loan (yeah, I can hear you groaning now) and while I am giving them £175 a month, I seem to be paying off about £60 a month out of that. Q1) I have just written to them requesting a settlement figure. Will this just be what I can see on my online statement, or…
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Reluctant to confirm if VAT included in quote
I am wanting to take out a 3 year lease (PCP) on a car and am pleased with the quotation. However, when I ask the lease company to confirm if the quote is inclusive of VAT, an email is sent confirming that yes it is inclusive. I am nervous as they are not making reference to VAT on the order form and do not want a nasty…
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Double Glazing Nightmare for Elderly Parents
H, i'll try to make this as clear as poss. Thanks in advance for any help/suggestions. My parents who are both now retired had some double glazing fitted in 1998. The loan was through First Direct, with a loan amount of 6848.00 plus 102.72 administration fee. The interest rate was 20%apr. The monthly payment was £160.79…
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Car purchase loan - Catch 22!!
Hi Looking to upgrade current car - the dealer I use always gives me a good rate on loans but he is struggling this year to match some on offer. In particular I was perhaps going to go the PCP route this time due to changing car every few years - dealer is offering around 7.9% and as I would be a repeat customer there is n…
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Joint loan application better than me on my own?
Hi (me again :confused: ), I've just been refused a consolidation loan from my bank (rbs) of 13500 I have a (grrr) 8000 cahoot flexi loan and want to pay that off, borrow 2k more so we can move house, and pay off a 2k overdraft and a 1500 credit card. We worked out the payments would be way cheaper than currently, even…
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Where is the best place for me to get a loan?
Hi all, I have had a GREAT business opportunity come up, a ready made business doing something I love. The business is being sold for £15,000 including everything, so I want to apply for an £18,000 loan. The business is a reptile / aquarium shop in a very busy shopping town that doesnt have any other pet shops that sell…
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advice re secured loan please
Hi. currently have a secured loan with endeavour for 36k at 9.9% over 25 years am 2 years in. it will cost 42k to settle. i have searched for a cheaper loan and i can get a 42k loan over 20 years with relax finance at 8.1% does it make sense to swap as its costing me so much to clear the endevour loan?-however it is 2…
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need a loan for £1000 / £1500 (student)
i passed my driving test, i am a full time student, and i now wnat a car. i work 2 x a week 8 / 7 hours get paid £70 a week. ive only worked for 2 weeks at the moment so i have £140 buti owed some of this out so now i only have £80. anyways i am looking for a small loan for a car to get me to work as it costs me £9 each…
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Anyone else getting stung by cahoot flexi loan?
They sent me an e-mail saying they were increasing interest (again :mad: ) to 19.9 % (from 14.9). I've been paying more than the previous minumum payment in order to actually pay some of the balance off. Now the minumum payment's going to be more than im overpaying now and I'll have to spend £191 ish a month to pay of…
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do welcome finance charges an admin fee
Just wondered as trying to get a loan but so many out there charges an admin fee of about £49.50
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Non UK (but now living in the UK) Loan?
Hi All! I wonder if anyone can help me.. my girlfriend is from sweden but she now lives with me here in the UK. She has a National Insurance number as requested by here current job and a full HSBC bank account. She would like to apply for a small loan (1k) to purchase a car for work but alot of the loan people say you need…
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Where do I go from here?
I have been turned down for 2 loans so i don't want to apply for any more. What do i do now? How long do i have to wait til i can try again - any tips or advice would be great?
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New Member needs advice
hi, just joined and wanted some advice. i have an 0% agreement with HFC bank when i purchased my sofas. i have religiously paid my monthly repayment and the term is about to be up. i have had no correspondance from them and i am aware of no problems but i have heard of some horror stories regarding the bank and wanted to…
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Advice needed please!
We applied to Advantage Loans for a loan of 11k after seeing their site on the internet a few days ago. They wrote and told us we had been accepted by their company. To proceed we had to send them a fee for £49.50 which we did. We really thought it was an arrangement fee for the loan. How stupid are we:rolleyes: A few days…
