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Advice on a £10k Loan
ok, here's the problem £8.5k in debt over 2 credit cards, both 15.9% APR Need approx £1.5k for items Im unable to save for and need quickly hence, £10k loan I can get it on 7.2% and pay it back over 52 months My monthly payment is much the same as what I pay back on my cards. I need to get away from the relaible backup of…
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Ge Money Has Been Sold!!
To the Japanese Whose's next? When the the going gets tough, the tough gets going:D !! http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4315005.ece
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Welcome Finance - Charges
Hi All, After some advice please with regards to charges applied to my account by Welcome Finance. I took out a loan in Nov 04, now due to employment issues and the like my payments were not always on time, i missed a few (about 10) payments, the loan was for a Car, I borrowed £7000 and total to re-pay was £12916.80. My…
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Black Horse Finance - They got me as well!!!
Hi I am new to this website but it seems lots of people are willing to give ideas and help others so it seems like a good place to start! I took an agreement when I was younger with BH Finance and didn’t really understand how crippling the interest was, I didnt have the best credit rating and had just written my car of and…
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Multiple applications to loans / credit rating?
Hi all! I am new here and hope you guys can give me some advice :) I am currently looking to get a loan and so far I have applied to my current bank (A&L) who have approved but with a huge rate : about 16% :( I was wondering if I should still apply online to other banks to see what rate they can offer me? I am a bit…
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what will happen if I miss personal loan repayments?
Hi, last year I took out a couple of personal loans from Barclays and nationwide totalling £40K. A poor decision I now know, bu at the time I felt I was in a good IT job, never been made redundant or out of work. But now things in my industry look shaky, there appears to be a downturn that may leave me unemployed, and I'm…
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Collateral
Not sure if this is the right place for this. My sister has an upstaires flat. She has received 3 or 4 letters for her flat and the one downstaires addressed to 86 & 88 ******* Road to go to court and for different loans etc. It seems like the woman that owns the downstaires flat has been putting my sisters flat along with…
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Student loans and inflation...
Ok inflation is going to go up, that is pretty much accepted in most circles. Perhaps a lot over the next few years. I have never earned enough to have to start paying of my student loans. If inflation starts to go up a lot, should I think about at least paying off the interest on my total student loans each year? Student…
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loan wrote off?
hi guys sorry for repeating my self I asked this question about 6 months ago:( I have 2 loans with clydesdale bank whic due to ill health and having to give up work i could not pay, through the local council It was arranged tht I would pay back £5 permonth to a debt firm this I did the debt firm then for some reason…
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Unsecured loan being made secured
Hi, posted thread previously about a unsecured loan with RBS 2 payments missed but sent token payments that Payplan calculated they are being very unreasonable and have advised that they will apply to the court for a charging order then received a very letter saying that there friendly and sympathetic staff will be happy…
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Student loan query
I think I know the answer to this but want advice... I have an old mortgage style student loan. I have upped to payments over the past year as I want to clear it quicker (I know, it is contrary to Martin's advice but I know it will be a realllllly nice feeling when it is gone). Would I be better paying the balance off with…
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Friend with gambling & welcome finance problem - what do I do?
Hi, My girlfriends sister has a problem i'd really appreciate some advice on. Firstly she's had gambling problems for years before they moved the UK 4 years ago (they're from Portugal). She also has some mental issues and is very naive and susceptible to coercion. Most of the gambling wasn't too much of a problem until a…
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Advice on £6K loan!
Hi I am getting married in 2 months and will be racking up some expenditure on 0% C Cards (Abbey and N/Wide). My question, should I apply for FirstPlus’ 6.6% loan for £6K and stick it in a high interest account until the discount periods wear off the c cards then pay them off with the loan – thus avoiding the 2-3% t/Fer…
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Travelling loan
I'm going travelling in October and need money! I'm going with a friend who has to go then so I can't work before hand. I think that I will need about 3-4 grand. I'm going to finish my masters post grad course in September but the career development loan didn't look like it could be applied for now or pay for anything…
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Cahoot at it again
Unbelievably Cahoot have got even worse. Last year they more than doubled my APR from 6.9% to 14.9%. A few months later they raised it to 15.9 and then 16.9. Yesterday they snuck it up to 17.9%, and have increased the minimum payment to 2.5% this time with the cheek that they are doing it in the name of "responsible…
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I am in arrears with personal bank loan
I informed the bank that i was unable to make any loan payments. They replied 3 months later! During this time I borrowed money from a friend and so only missed 1 payment. It is now 2 and I am lending from a friend to pay future payements. I have asked if they can transfer the arrears of £240 onto the balance outstanding…
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Loan and Credit report
Ok I'm new here and am after a bit of solid advice. Situation is that in late 2005 I recieved a loan from my previous bank for about 6k and kept up payments for 6 months. Circumstances changed, as they often do, and I was unable to make the repayments for some 12 months. Thankfully circumstances then changed again for the…
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Insurance On Loan
TOOK OUT LOAN IN 2004 - RE-MORTGAGED IN 2007 SO LOAN PAID UP EARLY SINGLE PREMIUM OF £2,400 PAID BUT WHEN CLAIMING BACK FOR EARLY PAYMENT WAS TOLD THIS PREMIUM ONLY COVERED A PERIOD OF 3 YEARS AND NOT WHOLE LOAN PERIOD WE WERE NEVER TOLD THIS ON TAKING OUT LOAN - SHOULD WE CONTINUE TO FIGHT AND IF SO ANY IDEAS ON OUR NEXT…
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me v welcome
i have just received my final response letter from welcome.They are repaying the premiums i have paid on the present loan.On the others they say it was my fault and that they follow strict guidelines and that all their staff have passed a specific insurance sales training course.They also say that i was made aware that the…
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Is this loan agreement legal?
Hi, in January last year I purchased a car for £3995. I took out finance and was advised to take the PPI insurance. Within 28 days I wrote to cancel and was advised to go into the pffice to sign a new loan agreement. I did this and a month the wrong payment amount was taken from my bank. I phoned and was advised the loan…
