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Best way to borrow £7,000?
Hi I need some advice please! We are halfway through an extension and we are going to be £7,000 short so need to borrow it some how. We have a mortgage (rate 5.2%) but no other debts. Do we:* Ask to increase our mortgage - cheaper rate but more in the long run * Take out a loan * Try to do a credit card shuffle type thing…
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HP late payment charges
In 2002 i got a car on HP through Online Finance which is part of GMAC. I got into arrears and and ended up constantly playing catch up. In 2006 I managed to get a lump sum together and payoff the balance of the HP with all interest, which was a year early and stopped them repossesing the car, and subsequently thought all…
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Need car loan with defaults!
Hi I need a car loan. I have a high salary (£60,000) + no debt problems in last 4 years and have good bank statements / proof of income. Green lights on all my files from last 18 months. My experian report is clear however my equifax report has 5 defaults (2 statisfied) and two open (copies of the 2 statsfied) and I am…
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Would any one like to leand and earn?
Hi I have had a complete change of life. Or prehapes I have just gorwn up so much. I have been through lots this past few years just like every one. But this year I have got myself a fantastic job and I want to pay off every thing. With all my debts and arreas from younger days I pay out over £1000 per month. The annoying…
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Only way to cancel PPI is to sign up for a new loan???
Morning lovelies! :wave: Just back from the bank where we were trying to cancel the PPI on a loan as we have bought a better stand alone product and they said the only way to cancel the PPI was to cancel the loan - so basically pay back the money. They suggested we take out another loan with them at a significantly higher…
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Loan or credit cards?
Hi there I need to borrow £10k quickly and for 2 months maximum. What is the most efficient way to do this? I have maxed out my overdraft so can't use that. My bank tells me I can take out a loan, but the minimum term is 12 months which I don't need or want. What about taking out some credit cards to cover this? What do…
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Trouble with joint loan with ex partner
Hi, My girlfriend split with her partner over a year ago, they had a house and a joint loan together. When they split my girlfriend froze their joint account because he was continuing to take money from it. They sold the house and both agreed that money from the sale would be used to pay off the loan, they used the same…
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loans to cover credit card debt
Hope I do this right! I have 25k high interest (credit card/advance product) debt (paying minimum) Loans of 10k (2 complete in April 09, 1 in Sept 09, left with 7k) Mortgage of 168k on house just valued at 195k (25k less than 2 yrs ago) Outgoings are approx 3,000k without living costs - all on above. Earnings of approx 70k…
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loans settled then the loan redone twice?
advise please as i am trying to help a friend who has a loan with welcome finnace i know poor choice she has had her loan re done twice ie settled for the full amount the re lent the whole amount back again this was done once when she wanted a little more money and when she asked them to look at the intrest rate as she had…
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interest rates
I suffered a credit crunch of my own a few of years ago and defaulted on two loans, both fully repaid shortly after. As a result my credit rating took a nose dive but i have not missed a payment on anything since. I took out a loan last year at 19.9% with Abbey and was wondering if anyone knew if it was possible to…
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Short period borrowing
Im trying to find out the best way of borrowing a large amount of money approx 10k for a period of only 3-6 months without incurring a large penality for repaying early Any advice anyone?? Thanks :p
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Electoral Role Question
Hi all, I have a question regarding the Electoral Role and obtaining credit. About a year ago I moved out of my flat and moved in with my girlfriend and her mum and dad. I use my mums address as my registered address (where all my post goes,etc) I did not put my name down on the electoral role at my mums address because…
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statute-barred or not??
if a company sells a debt that is well over 6 yrs old, can the new company treat it as a current debt and take you to court? Or is it statute-barred? :confused:
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joint loans with ex-partners
well after a short 5 month marriage me and my ex wife split and we had a joint loan for £6000 (to pay for part of the wedding), ive evrymonth paid my half but she hasnt or wont pay hers and now the bank is chasing me for the money, i dont wanna get a bad credit rating but in the same hand dont want to pay her half either,…
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what credit card for air travel and holiday?
I am due to book a hol to SA next year and do not have a credit card (have good credit rating, but they terrify me!). Have debit card with Smile (internet bank) but I need the best card to pay for my ticket on (will pay off holiday in 6 months max) and also to use over there to either get cash out or probably use in shops?…
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Borrow for a Year- Interest At End
Does anyone know if it is possible to borrow an amount of money (in my case £15,000) for 12 months and pay the whole lot off at the end- so if interest was 10% 16,500) Do these sort of loans exist? Thanks.
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Paragon - how have they worked out the balance
I post on here a while ago regarding my loan from Paragon. I requested a statement to show what I owed if I were to pay off my loan early. I was quite confused as to the balance I received because as it was about £3000 over what I expected £20,000. Some of you guys responded as said it was to do with a certain act and…
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Student Loan Write Off
Does anyone know what the situation is with student loan write offs? I got a student loan in 2001->2005 and got left with a 20K Loan. I heard that if you do not work for ten years then this gets written off but I find that difficult to believe Does anyone know under what circumstances this loan gets written off? Thanks
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Can I switch my loan for a cheaper rate?
My loan is crucifying me - to the point of my recent mortgage application being refused - even though it was shared ownership and a low amount, I was told to 'pay off the debt, quickly" 13K @ 14.7% is taking so long to shift it's like sinking sand. I wonder if I can switch - perhaps suffer a penalty? I don't want to ask my…
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secured loans
Can you have more than one? Cheers
