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Loans V Credit Card
3 years ago i took a loan out from Halifax bank of £3000 over 5 years at £75 per month intrest payment,i now find out the loan debt as reduced to £1,270 over time but i am still paying £75 pounds a month for such little debt.If i used a credit card to pay this off, would the interest be cheaper, i am a complete dummy when…
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Secureded loans...
My partner soon to be my ex has a loan to the value of £10000. She has made three payments. And now she has decided to move out of the country hence the breakup. What will happen if she fails to make payments? Will she be tracked down? Thanks.
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HP v Loan
Hi A friend of mine called today to say that they had bought a car yesterday on HP with a baloon payment at the end of it. The HP is with Black Horse and today they panicked about the interest that they are paying back. As the document stated that under the Financial Credit Act they were not entitled to cancel the…
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Need to raise 10k for new kitchen - best way of doing this?
Hi all Me and hubby looking to borrow around 10k to finance some building work and new kitchen should we be succesful in buying our first home. We've had a disagreement over best way to finance this. In short I'm in favour of doing what Martin Lewis says about using credit card and then egg card to shift balance from…
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awful credit rating
i am hoping to get a loan to get a tummy tuck, but 4 years ago when i was 18 i messed up and got in debt with a phone bill. the debt collectors have been paid in full, and i hardly ever miss payments on anything now, am in no debt. any idea if i would get a loan anywhere? or how i could improve my credit? x
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Can't make repayment of Natwest loan
Hi to all, I am in a very difficult situation at the moment. I don't think I will be able to repay this month's (30th) Natwest unsecured loan. I was wondering If natwest could defer my payment or something like that if I call and them them this.
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PPI claim success story
After watching Martin on GMTV one morning he mentioned about companies charging Payment Protection Insurance on loans, when you may not have signed up for it. I've never tried to claim anything back and to be perfectly honest have been terrible with money in the past getting myself in to a lot of debt which is now pretty…
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Homebase - shocking interest charge
Does anyone know if something can be done about the excessive interest that I am being charged by Homebase personal finance? I purchased something on an interest-free period and had managed to pay off most of the balance before the end of the interest-free period. I had been under the impression that after the…
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default served after 1 missed payment - help!
I've accidentally missed a car insurance payment and been served a default notice with a threat to take it further in 2 weeks. I'm going to phone up and explain and pay the arrears on Monday but does anyone know if this default notice will harm my credit file and stay on there for 6 yrs?!? Seems very harsh, can I ask them…
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Help With Calculating FirstPlus PPI
Hi, I have read nearly all the very helpful comments on PPI but my maths may be letting me down as i am having difficulty calculating the necessary figures for a PPI reclaim from FirstPlus. I would be grateful if someone (especially who has had a similiar FirstPlus loan) could guide me through the calculations so i ensure…
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Halifax Refusing To Pay Out A Loan
Hi guys, I applied for a loan and was approved and recieved a credit agreement which i signed and sent back on 11th September, but the money hasn't appeared in my account. After a 30 minute phone call, Halifax are saying they tried to contact me by phone to tell me the loan was no longer available. However i don't have a…
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Mortgage deposit or Loan?
Hello All, Urgently in need of some advice! I am new to this thing so sorry if i have posted this message in the wrong place! I'm in the process of buying a new car but am not sure whether i should get out a loan to finance this or use the money i have saved for a deposit to buy a house. My concern is that in order to get…
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A 15 yr 'debt' - still payable/legal?
About 15 yrs ago I changed from Nat West to Lloyds. Lloyds gave me a consolidation which paid off a credit card and £1000 due to Nat West. About this time last year (having moved several times in the intevening years) I started to receive letters from debt collection agencies - they seem to change every few months, saying…
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Advice on defaulted loan
Hi all, I’m just looking for a bit of advice about a debt. I will try and make the details as clear as possible. Around 3.5 years ago I lost my job and had to default on a loan which had about £2900 outstanding on it. Around a year after that the bank offered me a settlement figure on the loan of £2100 which meant the…
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Do you think that I could get my benefits paid early if I am in a desperate position?
Hello everyone, I couldn't find anywhere more appropriate to place this post so I thought I'd start here. My son is in receipt of Disability allowance and I am in receipt of carers allowance; do you think it's even worth the call to see if I could get my benefits paid early (i.e. next month's now!) is we are in a bit of a…
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16-Year Old Student Loan
I took out student loans in 1992 an 1993, totalling around £1700. I led a very chaotic lifestyle after that and never repaid the loans. I moved around quite a bit and I never ever even received letters requesting repayments. I've not heard from the Student Loans Company at all since 1993. What is that about? Don't they…
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Reclaiming PPI from Llodys TSB
Hi everybody!,I need some advice on trying to reclaim from LTSB.I took out two loans one in 1999 and the other in 2000,ppi was was sold to me on both loans as single premium policies.This was never explained to me by the bank employee at the time of the sale,she also said that my applications would be looked at more…
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Creation Consumer Finance - Warning
Hi all, Just a word of warning to anyone googling in research about taking out interest free credit with these people. In a word - DON'T :mad: We took out a year's interest free credit with them when we bought our sofa from Land of Leather last year, and have found them to be appalling. The fine print on the credit…
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New Car - New Problem...
I would love it if someone could advise me on this one please.... I bought a used car on finance last week from a dealer near where i live. I asked the APR and they said it was 6% base rate (first clue of sign of trouble). I signed the documents and got the car but on inspection of the finance documents i got through the…
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Getting A Loan From The Credit Union?
I'm going to get a loan out of the credit union next week, Well I hope I am;) I have £400 in savings and I think they give 3 times the amount, I want £1000, do they always give you the loan? IE is there a chance of getting turned down? Also what method do they pay you the loan IE do they give you cash or a cheque?
