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Tips & Tricks for restructuring car PCP loan
I'm trying to reduce my monthly outgoings, and need some suggestions on how to reduce monthly payments on my car. I'm half way through a 3 year PCP car finance agreement. The market value of the car is slightly less than the amount still owing. PCP is over 3 years, at 10%pa. I'm in the process of selling one & buying…
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Loan company that will lend if you offer higher interest
Hi I'm trying to take out a unsecured loan of upto 25k, ideally over 2.5- 3 yrs. As I already have 30k of loans right now I imagine most companies would be unwilling to lend me more. However, the payment isn''t a problem so are there any companies that would be willing to lend if I were willing to pay upto 20% interest?…
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Help!
Thanks to a particularly useless ex-partner, it has transpired that my name is against a loan that I know nothing about, through Welcome Finance. Any idea how I might be able to prove my innocence on this subject and begin to sort it out?!
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volkswagon car finance- early settlement figure
can any one advise roughly how long a settlement figure is valid for. dad has been given redundancy notice (so will get that and be in early retirement as well) he has decided to pay off all the loans/cards etc out of the lump sum including the car finance. the car was financed on hp i think (fixed monthly payments for 3…
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still paying for loan that has ended! help
Hi all, what do you think of this? I took out a loan with abbey in feb for £5000. in june, i extended the loan to £7000. this money paid of the outstanding loan and left me with £2000 in the bank. 5 months down the line, i have just discovered, that as well as paying for the new £7000 loan, they are still deducting from my…
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Borrow More, Pay Back Less
A friend of mine (it's not me!) wants to borrow about £3000 to buy a car. We've looked at interest rates for "smaller" loans and they look pretty horrible. My idea is to borrow, say, £7,500 over 5 years (which seems to get you the lowest APR) but then put the excess of the loan into a cash ISA and draw down enough to pay…
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Help!!
Hi, wondering if anyone has had any experience with a company called Beneficial Claims? I was advised to contact them by a friend as they are looking into loans taken out before april 2007 and can get them written off. I have a horrendous loan with HSBC that i took out in Dec 05 for £15,800....accoring to them it finishes…
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Tesco Loan Application
Hi All I applied for a loan with Tesco via their website just over four weeks ago, got approved in principle immediately and have since sent of the documents. A couple of days later they confirmed receipt but unfortunately I forgot to return a document they wanted me to sign and they needed me to send one extra proof of…
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help what should i do
i have around 7000 debt iv got so many little bits and bobs here and there i dont know where they are now.... i bin my debt letters and i have moved house and not told my old creditors as i do not work due to a recent illness and i have 2 small children i just cant afford to pay... i rent my house i cant even open a bank…
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HP finance on car...
Hi, I am buying my future brother in law’s car off him next week and seeing as it is HP and has 10 months left, I’m paying the payments by transferring the money into his account each month and then paying the final payment when it’s due. We are unsure whether we can transfer the log book into my name now or whether we…
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Constant phone calls from loan companys
About a year ago i completed an online enquiry to find which companys i could get a load with. Since then they have been bombarding me with phone calls from company after company, i tell them not to call me and to take my number off but they still call back about a month later. I put down my work number as you had to put a…
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Reclaim PPI on defaulted loan
Does anybody know if you can reclaim the PPI on a defaulted loan?? I have searched but cannot find any reference to it. Thanks in advance.
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Collection fees on secured loan
About 5 years ago i took out a secured loan with central trust and in september payed the final installment,happy days job done ? No a month later i get a letter stating that four and a half years earlier i made two late payments, as i was 10 days late in paying i owe them 2 x £50 collection costs and interest at £21.48…
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Bad Debt and Immigration process to UK
Hello everyone, I am orginally from Thailand and lived in UK as a student during 2001-2006. In 2003, i was offered a loan of 6000quid by Lloyds TSB, which due to bad financial situation i had to go for and used it for my studies. Though unfortunately, my financial situation didnt turn out right after that either and i…
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Graduate Loan
Hey Not sure if anyone can help me but my problem is basically to do with a graduate loan I have. I am doing the Legal Practice Course on a part time basis and working full time. I arranged a graduate loan with natwest to borrow £10,500 which would be paid to me in installments as and when the fees were due to my law…
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Do I need PPI on a loan
Hi Wasn't sure where to put this as theres probably thousands of threads about PPI's. Was looking to take out a loan and was wandering if I should take out PPI on the loan or not. I see a lot of people are claiming it back, whys that? Does this mean I shouldnt take it out. Cheers Buzz
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Can I claim back the Payment Protection?
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Furness Finance
Hello All Hope someone can help me out alittle here. My partner took some car finance out in May 2008 with furness finance to buy his mother a car. The APR is shocking at 51.7% :eek: He's since met me and we have a large family and hopefully soon another addition so we need to buy a people carrier. I've just looked over…
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Important-checking out if lenders are 'legal'
Hi, I came to this site when i was ripped of by a 'broker' called WENTWORTH DIRECT. I, like many other, got told i had a loan and paid a fee only to get nothing. :confused: I have done alot of research into this issue and have found that there are heaps of companies out there through GOOGLE/WEB searches that are operating…
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Tesco Loan Please help
We applied for a loan from Tesco, it was approved in princeable. We have sent off all our details and are waiting a decision. This evening we have had calls from loan companies. I am assuming we have been refused and they have passed on our details can anyone confirm this. We really were depending on the loan.
