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Car Finance Agreement
Hello, I bought a car in October last year on an agreement over 5 years. I had to change my previous vehicle as my missus fell pregnant and as a result I was left with a negative equity to transfer over of about £2000. The purchase price of the new vehicle was £5000 plus the £2000 - so £7000 to finance. I left it to the…
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Guarantor Loans - Good Idea For Our Circumstances?
The unexpected has happened, the car's cambelt has gone, but thankfully hasn't done much damage. Unfortunately this has left us in a bit of a pickle as we dont have the money to pay for the repair and the car is a necessity for my wife and I to get work. I am currently BR, so I know that I'm not an option and my wife has…
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Payment Protection
Long story cut short my dad got a loan 5 years back and was told HE HAD to take out loan protection on his loan, he was paying like £60+ a month for that , he was in the bank the other day and the bank manager told him he didnt need to take it out and UNOFFICALLY he could claim this back, ive did the bak charges thing and…
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Zopa!Higher apr than my santander accepted loan?
which is best! not sure to shop around for any other offers , ive got the forms to sign , but if i look for any more will my credit score be affected??
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Paying off A&L Loan
Hi guys, I'm hoping someone will be able to help me with this... I have an outstanding A&L Loan which has about 2 and a half years left on it. I had planned to pay this off using a Tesco credit card with 0% on purchases for 12 months and could have the credit card paid off in this time, obviously helping to pay my debt off…
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credit rating
hi i just wondered if anyone can help. On my credit report which I am slowly rebuilding to be more positive. It shows as having a defaulted agreement with close motor finance. Although this is correct, the loan was settled in approx july 2009. Can anyone tell me, should this show on my credit report and show positivly that…
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Hire Purchase Hell - Help Urgently Needed.
I took out an HP agreement on a vehicle in March 2007 the original balance was £15000.00. I paid the loan for two years and never missed a payment (total: £9360) - I then ran into a few problems and contacted the lender and was offered a reduced payment plan and kept to this religiously for 6 months (total: £900.00). At…
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Accepted by Tesco - should I try others?
Hi everyone, We want to borrow £8k for 3 years for a used car to accommodate the expanding family. Have been accepted by Tesco with 12.3% APR, which I think is rather high. I received the initial papers today and they also have a very strict early repayment policy. I.e. if we settle after 3/4 of the term have passed, we'll…
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Late payment on credit card = no loan?
Hi Guys, I have recently applied for a graduate loan to consolidate my student and current overdrafts, along with a small credit card. The person I spoke to didn't see it being a problem at all as in was in essence no new borrowing. After a few days of not hearing anything I contacted Natwest and was told that it had been…
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Notice of sums in arrears, but not
Had a hire purchase agreement with welcome finance that i ended just before xmas. I got a phone call from them after the bank holidays etc and explained everything, so a voultarily termination went on my account and i paid 1 last payment for Dec. I got a phone call on the 4th Jan to ask if collection of the vehicle was…
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guarantor
Ny mother was guarantor on my car. I was made redundant and fell behind on payments. She kicked me out. Ended up in hostel for 6 months. I dont get much in benefit left after paying the essentials. I dont know who is liable to pay now. Car repossessed with £1500 outstanding. She wont pay and is sending solicitor to recover…
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Nationwide withdrawing E-Loan
First of all - hello! I am a new member (browsed for a while but never posted).:hello: Has anyone here had the letter from Nationwide about the withdrawal of the E-Loan facility? This is fair enough, however I totally object to how they are handling it. Basically you have 60 days to repay the loan amount in full! :eek:…
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Welcome finance stopping new lending:)
http://www.thisisnottingham.co.uk/homenews/Job-fears-Welcome-Financial-quits-lending/article-1809796-detail/article.html
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Payment protection insurance
Has anybody made a claim against a personal loan using the PPI facility? I have recently been made redundant and eventually received the correct claim form only to be told that because I am entitled to income support I may not be able to claim! Which leaves me wondering what is the point of paying the extra premium??
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HSBC Interest Hike
I have a business loan with HSBC of £50,000. Unfortunately, I had to close my shop a year ago and HSBC agreed to let me pay the interest only for a year, although they increased the interest rate by 0.5%. Therefore I have been paying 3.5% above base in 2009. It is now time to review this loan and I have asked for a further…
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stuck with Hire purchase
Hi, I have 2 cars on HP - this is going to cost me an arm and a leg, I realise I can hand them back after 30 months, but I will have paid £7,500 on one of them and still have no car. I don't know where to turn with this any help would be appreciated.
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student loan
Hi there, hope someone can help. My daughter is due to leave me for Uni in Sept and she is beginning to panic about her finances. She has been with the Natwest for over 10 years now and has recently upgraded her account to a Student one. She asked for a simple £250 overdraft to start her off with and she was refused…
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VT on Car but British Credit trust give me a default
Hi I am looking for some advise. I did a Voluntary termination on my car in August of last year. I had paid up to half the term of the HP agreement and phoned British Credit trust to check what I had to do which was write in and let them know and they would arrange collection. I e-mailed the address they gave me and then…
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Pathway Finance
My partner and I were accepted by FLM for a loan. Unfortunately after waiting a week for the money we got an application form saying we needed a guarantor too! So much for the money will be in your account within the next few days! The only person we could ask was my father who unfortunately failed their credit check due…
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Loan Repayment HELP!
Hi there, I am currently repaying a loan at £250 a month, but incurring £90 interest every quarter. In effect, I'm paying £220 off it (£30 a month is interest, technically) - another way of looking at it, is for every 9 months paid off it, the interest almost equates to one month's repayment. I'm recently married, with NO…
