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1/2 rule and car finance
Dear All, Im a bit confused. Can i hand my car back at the halfway point and owe nothing ?? I have a HP agreement with Santander formerly GE and the place i bought it from has gone bust i think. Only problem is ive fallen behind with the payments and they are saying because ive broken the agreement i cant now enforce the…
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Spurious default on credit
Having recently been declined for a loan, I signed up to access my credit reports on Experian & Equifax only to find there is a default on my record(s) from a company I have never heard of. Upon checking, this relates to a car insurance renewal in February 2003. I received a renewal quote from my broker, which stated that…
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HSBC Flexi_Loan Payment Problem
Hi, Hope someone can help, wasnt sure where to go with this... i made my monthly payment to HSBC for my flexi loan on the phone on monday (£70), the payment came out of my current bank account on Wednesday, but it has not shown up on my flexi loan. I have phoned HSBC to query why it hasnt shown up and they are clueless…
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Student Loans
Hi All, I have just received a letter concerning my student loan in essence it is giving me the option to change from paying the loan via PAYE to direct debit. If I am reading the letter correctly the reason for doing so would be to avoid any potential overpayment, can anyone advise me on the best course of action?…
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Alliance and leicester rates- confused
Hi all, Newby so apologies in advance.Yesterday logged on to Alliance&leicester website to do online banking and also looked at loan rates 8.9% advertised.Do a search through google for Alliance&leicester click on a link and go to loans same rate 8.9% advertised.Received MSE weekly email and in the big and easy ways to…
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Urgent Advice need re RBS/Nationwide loans
I have been accepted for a RBS loan, who I currently bank with. On the application it asked which account and if it is with RBS or not that i want the loan paying into/debited from. I put down that it was a Halifax account in my sons name as the money is for improvements on his home, it seemed to be accepted and the…
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Personal loan demand forthwith WHEN UPTODATE
Hi I have a personal loan with Barclays, and never missed a payment, been running 3 years, and got a letter today demanding repayment of £31k (orig £40k) forth with ? Also bank with barclays, plus business banking (all upto date) Any help would be good right now ! Thanks
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Which? personnel or buy to let mortgage
I have had to move away from my home to find work. I could not afford to rent and pay for my home so I am forced to rent it out. I want to change my mortgage lender to one that will offer me a fixed rate, but i am told I can only have a buy to let mortgage, this situation might be for only 6 months or may be years. I am…
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Advice on a loan
My friend has recently split up with his girlfriend was due to get married etc. Anyway she had about £5k in debt so to lower amount she was paying he got a loan in his name as she was unable to which she paid until recently a couple of months after they split up. She said she would continue paying it but has started been a…
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UK credit reference agencies question.
Not sure if this is the right forum, but: Do UK credit reference agencies have the ability or right to view your personal bank accounts?
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Financial Hardship Question
Hi I have a particular problem that has me baffled!!! I have a loan with Royal Bank of Scotland, my wife lost her job after having our first baby, leaving us with a big loan issue, only one income and a HUGE extra outgoing eg the baby... Anyway, 1 year later when the payments started to hurt our income (still no work, but…
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(Newbie) Loan APR question
Hi chaps, to prevent me going to the bank and looking stupid I thought I'd ask the question here first (and look stupid anonymously). I've got a Natwest graduate loan that I've been repaying at a steady monthly rate, interest deductions are taken every 3 months. The monthly repayments are always greater than the amount of…
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Nationwide loan shows twice on experien report
On creditexpert.com, my nationwide personal loan shows twice, both entries are exactly the same. It also shows 2 identical electoral roll entries for me too. The nationwide loan is the only loan it shows so it's reporting me having twice as much credit as I really do, is this a bad thing I should worry about? I want to get…
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Best Bridging Loans
Hi, I am considering buying an unmortgageable property at auction, but will need some extra funding to complete the sale and repair the property to make it insurable. Anyone know of the best, safest or cheapest companies out there? Your help would be most appreciated.:)
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GE/Santander
Hi, I'll try and keep this brief. Could you offer opinion on the following for me as I'm a bit stumped as to what's right and wrong here. 1. Purchased a car on finance about 18 months. Finance company was GE Capital 2. May/June 2009, Santander took over GE Capital (I guess the car finance section at least). I had a letter…
