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Self Employed Loan Help
Hi All lurked here for some time but was wondering if anyone had advice. Hubby is self employed and needs his van for work. We had hoped to wait until at least nearer the end of the year before getting a new one as a) I'm on maternity leave at the minute and b) we wanted to pay off as much of the CC before getting a loan.…
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Car loan
I want to pay my car loan off so i asked the lender for a final figure,I have 18 months left @152 per month.the figure they gave me is 18 @152=.£2736.00 would this be correct?
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Paying too much interest - Debt free wannabe
Hi I currently have 4 CCs and an overdraft. I have been paying it off slowly but (all CCs were at 0% and so was the overdraft). Over a year ago i moved house and since then I have not been able to get a credit card. Can someone suggest what i should do - as half of the money I am paying off now is eaten off by the charges.…
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Credit Card or Loan
Could someone please advise whats the best route to take. I have 2 credit cards amounting to about 7k, and are making the min payment, about £180pm. A/ Would it be cheaper to get a loan to pay these off, then just have the loan to deal with? B/ Or try and pay a little extra each month on each of the cards (No savings to…
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continue credit card or take a loan??
hi, just after a bit of advice please! i have a credit card with about £700 on which i'm paying min payment of £15 a month. (going to take me about 7 years to pay off). i also have 2 overdrafts of £150 each which bank are now charging £5 a month on each. do i continue or is it worth me getting a loan to pay aff all of it.…
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Can you take out a loan to travel ???
Hey I really want to travel the world or just go down to australia for a year. But the real big problem is I have no money to do this with. So I was wondering if you can take out a loan to travel ? If you can how would I go about getting one ? thanks Josh Bench
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New Loan Application
Hi all, I currently have a loan with an interest rate of 13.1% and about 10k to pay. I also have 2 credit cards, one with about 3k at 0% and one with about 1k on, all perfectly manageable and reducing all the time. My credit rating according to the CRAs if fairly good, come march I will have no searches, no missed…
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Another early settlement question.
Hey! So, I got some money and decided to pay off the remainder of my car loan/finance. Rang up for a settlement figure here, are loan stats. Amount of credit: £3345 Total amount payable: £4511.80 APR: 20.1 Duration 28months 27 payments of £145.10 then one final of £244.10 Advance payment of £350. So, (27 * 145.1) + (1 *…
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Credit rating impact of paying off loan - now or later?
I have a Cahoot loan which I can now settle in full. I have recently missed two payments. Would it be best to settle now or make a few more payments on time (say 6 months worth) before settling to avoid having 'recent' missed payments on my credit record for the next few years (i.e until loan drops off credit record)?…
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12 month loan to pay car insurance in full?
Hi all, Just had an idea for a quick moneysaving wheeze, and thought I'd put it up here to see if I've missed something. As a young lad who's recently learned to drive, my insurance is sky high (c£1100/yr). I don't have the savings to pay off the insurance annually, so I'm stuck with monthly payments, and the 29.1% APR…
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Help needed with student loan overdraft and hsbc
Hi, hope people on here can help me, in september i got a letter through from hsbc saying that they have changed my account from a student account to a normal account, the problem is i had a £1400 overdraft in there. i hadnt used the account since leaving uni in 2007, and kept putting payments in until may last year,…
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Student accounts/loans
Hi This is my first post so not sure if its in the right place. My daughter gets EMA at £30 per week at the moment she will be 19 in November and starts a CACHE level 3 college course in September - what accounts are available to her as she will need some income i.e. loan as EMA will have stopped by then. I have looked but…
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Paragon Secured Loan
We have a paragon secured loan in the amount of £70k. If I recall they will not allow me to make over payments. Also to consolidate credit card debt I have applied to my mortgage lender for a top-up to mak it easier to pay-off my credit card debt - BUT the mortgage lender says I must seek permission from Paragon as they…
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Post office loan
Applied for a smallish loan late afternoon today at the end of the application process, hit submit was waiting for a good minute, then tells me that I have been approved and that I should recieve docs in post within 2 days, couple of Q 1. What's the process from here on 2. Seance but just checked experian online can't see…
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Loan payment holiday calculator
My apologies if this is elsewhere on the forums but I couldn't find what I was looking for. I recently enquired about a repayment holiday on a personal loan that I have and was quite surprised to discover the amount of additional interest that would be incurred. Just wondering if someone could advise how the extra interest…
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£10000 loan or PENSION POT
I need £10000 in May I am 60 and I have a very small pension pot approx £42000. I have no intension of retiring and I would prefer to carry on investing into a pension. As I see it my best option is to take lump sum and re-invest into an unsecured pension . My question is as the pot is so small would it be cheaper for me…
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Welcome Finance- Again!!!
Hi guys, just signed up to this board to seek a bit of advice on an issue with Welcome Finance. (Oddly enough!) This is a little long winded, so apologies in advance! Basically, I got a loan with Welcome back in October 2007. I borrowed £1000.00. As stated on my loan agreement paperwork, the loan period was for 36 months,…
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I need a small loan...
Me and my partner are about move into a long term rental house, its a brand new house that was only built last year, only problem is because its new it has nothing in there, the rental house were moving from now was just a six month contract which runs out on the 1st of feb which had most appliences already there, we cant…
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First response finance car finance- my rights
I took out a motorcycle loan in march 2009 with First Response Finance. Because of my bad credit they got my wife to go guarantor. I lost my job July 2010. I had no problem paying until then. I got into financial difficulties and got into arrears with First Response. I paid £550 of the arrears which were about £650 in…
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loans to repay credit card debts
Im new here and have been reading the forums for advice on consolidating some credit card debts. Ive read numerous times on here posters saying that when considering whether to give you a loan, banks consider your overall risk to be the amount of the loan and the credit card debt, because there is no guarantee you will…
