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Age old question, credit card or overdraft?
Hi all, any advice appreciated, as I don't really know what is best. I'm looking to buy a new car in a month's time. I have a current p/ex worth around £4500 - £5000. The total cost to buy the car will be, with lots of haggling, £15,000. So take the cost of the p/ex off and I need to find around £10,000. I've applied, and…
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Money owed to a secured loan
Last january we had our House reposessed due to the sky rocketing interest rates, we also had a secured loan on the property.After the reposseion had gone through and the house had been resold there was a short comings on the money owed to the secured loan approx £15000. when we moved into rented property we informed the…
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Banks discriminating against the disabled!
Hi all, I am permanently disabled and i receive DLA (Disability Living Allowance), ICA (Invalid Care Allowance) and Income Support, i have recently been trying to get a loan from two different banks. The first bank is HSBC which i also have a current account with, also a credit card, debit card and a cheque book, i have…
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Hire Purchase - 50% rule
Hi there, Just a query regarding hire purchase. If you are in a hire purchase agreement and you no longer require a car and therefore need to get rid, I suppose the easiest way to do this would be to pay off 50% and hand it back? This would be as opposed to paying off 100% via taking out a loan, selling the car and then…
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Why are the loan rates so high?
About 4 years ago I got a personal loan for £6000, the rate was 6.9% and the BoE base rate was about 4%. With the BoE base rate now at 0.5% why aren't we seeing loan rates at 3% or 4%. All high street banks seem to offer loans at a rate of 8.9%, they should be ashamed!! If they offer small loans (£2000-£3000) at low rates…
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Looking for a loan, credit card debts
I've run up a lots of credit card debts and have got in a bit of a mess. Can anyone recommend a good loan deal to pay them off? We're living on Baked Beans for the next few years if I don't sort it out!
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Loan Charges!!!
I have recently finished paying off a loan from cahoot and now apparently I have arrears totalling over £450 @ £30 a time! Is there anyway of me claiming any of this back? They had always assured me that they had deleted the charges as long as I paid there and then which I did but still have this horrendous amount of…
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Could really use some help...
Hello. I was really looking for a little advice from the more loan savvy people here. I was after a loan for £4300 to pay back over 4 years for medical expenses and, although my credit score is excellent, I was turned down by Nationwide, who told me they have met their loan quota and were only lending to people meeting…
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I messed up car finance
Everything was going so well :( I Took out car finance on a new car at the time everything was fine. now its 3 weeks later and my life is going to hell. I can't afford the car / insurance and I have no idea what I can do about it. I just went to phone Finance company ( Blackhorse ) but they were shut. Anyone know what I…
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Any idea's?
Hi, I'm really stuck on the best way to proceed with my banking problems. I have officially given up on HSBC after constantly asking for my overdraft to be increased in order to cover outgoing bills and avoid charges while I sort my finances out. I've recently graduated and as a mature student, I started uni with existing…
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Can They Threaten
My wife earlier got threatend by someone at welcome finance regarding a debt that is mine. He said that I need to make a payment by tuesday (which I was going to do anyway) and that she doesn't see how serious the matter is and that they will call in baliffs for my unsecured debt if nothings done by tuesday?? Are they able…
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Loan agreement not signed by creditor
Hi, I new to the forum and was looking into reclaiming my PPI from my HSBC laon. I have the original agreement from when I took the loan out and when looking through it, I noticed at the bottom I have signed the credit agreement but not dated it but there is no signature or date from the bank. Does this still make the…
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Student Travel Loan
Hello everyone I am desperate to go travelling after I finish Uni this Summer, and have been saving hard. But a few unforseen costs have arisen and it now looks like Ill need to take a loan. Do any of you have any ideas of a good one, or if there is a specific student travel loan?! I'd be grateful for your help, Harriet
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Welcome Finance...Again!
Hi Everyone Am a newbie to all this so please bear with me. I've searched through other forums regarding issues with Welcome Finance and have found that they create common problems with their clients in the sense of they are pretty damn shocking in how they operate. However I've not yet come up against my particular issue.…
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Ge Money!?!?!?!?
Hi, hoping some one can help me. I have a secured loan with GE Money. I wrote to them asking why i have never recieved a statement, why my payments have not gone down since BoE has decreased and at its lowest ever. I got back some snotty letter advising they are not a UK bank??? WHAT ARE THEY THEN???? My rate is linked to…
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What loan company uses "Credit Expert" to check your credit score?
Hi I've just checked my score on Credit Expert and I have a score of 999 (excellent). I would like to know which companies use Credit Expert to check clients scores and history. I am considering getting a loan (£15,000) from The Alliance & Leicester but want 100% confirmation that they will check Credit Expert. Cheers in…
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A&L loan settlement??
Is there a rule of thumb with settlement figures? or rather a checklist of what/when to do things? I have a loan with A&L with 16000 left on it ( 5k is arears ) original amount 24500 i have paid last 4 payments to their debt management company. Basically after 2 years of paying i moved to the states and i could only pay…
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Welcome finance loan, all pull together?
Having had problems with them, as alot of you have, how about trying everyone pulling together finding out the nitty gritty as to, is what they are doing legal etc? Alot of people are under immense stress from this company, welcome? i don't think so. Customer service is shocking sometimes! What you think?
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littlwoods loans
Would you recommend? Do you have to have a good credit score to get one?
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Loan Purpose and if it effects loan decision
Have always wondered if you were more likely to get a loan for say a car than for debt consolidation or for the purchase of Electrical goods? I mean at the end of the day it is another variable that they must consider as a possible reason to be accepted or declined. Or you do not agree?
