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An interesting situation I need help with!
My partner had a loan of over £10000 from Natwest and was referred to Wescott topay off - long before we had met. Several years later, we now live together and as such I was keen to get rid of this debt that was now also hanging over me. As such thanks to this site and its posters I took on board all the advice and I…
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Thoughts for Student Loan
I received my Annual Statement today from SLC (Student Loan Company). However, I'm unsure of to either do something about it or ignore it and forget about it. I've only just realised from the statement that interest applies, and although now after being informed that the Interest is 1.5%, rate of inflation? - the thought…
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Business Loan vs Mortgage
Hi I'm self employed and trying to work out the best solution. I am in the process of joining a Partnership £8000 buy in (which will secure my work in theory) and buying a house. Is it going to work out better to take out a business loan for 8k or take £8000 out of my deposist? this will not affect my interest rate which…
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I don't know who my loan was with and it's over 6 years ago
I've just started trying to reclaim my PPI, I got my credit report but this only showed loans and cards that were active within the last 6 years. Is there a way for my to get details of older? I know in the early 2000's I took out a loan for around £2,000 and at the time I asked if it would cost me less if I paid it back…
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funding corporation and acf car finance
Hello there long winded here but in15th april 2010 i signed a credit agreement regulated by the consumer credit act 1974 to purchase a car from acf car credit. The purchase price was £4999 but with interest the total price paid was £9949. I have been paying this now for 2 years and i have recieved my yearly statement from…
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PCP with Mercedes registered correctly with Experian?
Hi all two and a half years ago I took out a 3 year PCP on a Mercedes ML. I can't remember exactly how the deal stacked up in terms of deposit etc, but my monthly payments were fixed at £352 a month for 3 years. I've never had cause to look for credit in the intervening time, but I recently got a credit expert account and…
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Borrowing options for £15K?
Hello there, This is my first post and I’m looking for advice on what the best way to borrow £15k for some house improvements (which will cost in total about £30k)? I’ve already been offered the money as a re-mortgage via my current mortgage provider (Woolwich) at a rate of 4.99 but wonder if there might be other better…
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Car Finance
I'm currently considering wether to apply for a loan (M&S) or take out the finance from the car dealership. Are the car dealership credit applications more likely to go through than with a bank? Good credit rating, however we already have some credit, so would rather pick the car finance if that is goign to go though…
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Lower repayments or quicker repayment? what's best
Hi, Just wondering what prospective lenders/banks look for when assessing you for a mortgage when you have an outstanding bank loan? Are they looking at affordibility? ie. the monthly amount you pay or the quickest amount of time you will repay the debt. Just asking as I'm looking at refinancing my loan but would be…
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GE Money charges - not part of contract....
Hi, Just after a bit of advice re GE Money and charges I signed up to a secured loan with GE Money as a 2nd charge to my property in 2006 I am just going through the process of extending the lease on my property as we have put the property up for sale, and our solicitors informed us we should contact our mortgage lenders…
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Credit Agreement question
I defaulted on a loan way back, a decree was granted against me. I have been paying the loan back, have now cleared the original loan balance and now paying back interest and charges. The loan was originally from Black Horse but Nolans Solicitors dealing with it on their behalf. Anyway, twice now I have requested a copy of…
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PCP help
Hi All, I bought a car last September on PCP and its not turning out to be economical- I was wondering if anyone has had any dealings with returning a car on PCP that's under 1 yr and hasn't reached it's yearly mileage? I'm aware I'll have to pay something- I just don't know how much? It was roughly £10.5k over 42 months…
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CCJ Advice - CCJ on file that isn't mine.
Hello - first time poster here... I hope you don't mind, I feel a bit cheeky just jumping in with questions but I've had a look around and can't find a concrete answer so hopefully one of you helpful and knowledgeable bunch can point me in the right direction! I recently got my credit report for the first time (I'm 26).…
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Current Options???
For the last 2 years I was working but only on min wage. I have now secured a much better job but need to clear existing debts. My bank, who I have been with for 6 years does not want to know. I have used payday loans and these have been repayed on time. My bank can see my wages coming in every month and my loans being…
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Student Loan 96/97/98
I took out student loans in 96/97/98 and have deferred since due to bringing up a family and earning very little. I plan to return to full time work soon if possible. I turn 50 in 9 months time. Will the the loan now written off now, as the next deferment application happens after I turn 50 next February? Or, if I now…
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Loans - switching not extra credit - Please Help!
Hi folks, Does anyone know if or how lenders distinguish between people applying to switch loans and people just applying for extra credit? I'm being crippled with a loan balance of £8,200 at 16.79% and a £6,000 credit card debt at 29.9%. My salary is roughly £16,000 and it would help me so much with repayments if I could…
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I need by £250 by 10th of May
I'm well behind on a deposit and I need that amount by Thursday. I don't really have anything of value to sell so is there anything I can do by Thursday to make the money? Paypal is going to be hard to use now because of the time constraints but I'll have to see. I'm not going any where near payday loans but will banks…
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loan for new loft conversion -confused
We have recently finished our mortgage ! House is valued at £180,000 and now we have decieded to convert the attic to a habitable area. The cost would be a max of £25,000 (we have savings of £15,000) So how to we go about finaincing £10,000 loan ? a remorgage is out the question - no mortgage! As other loans we need…
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Switching to direct debit - student loan company
Hi Just tried calling the SLC but they're closed on bank holidays apparently :mad: Has anyone done the switching to DD facility with them, when they have been approaching the end of paying off their loan? I want to do this as based on my normal monthly payments through PAYE I only have about 14/15 months left to pay.…
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Moving loan around
Hi folks after some advice regarding a loan my partner has, got a loan with Lloyds, fairly high interest rate. She would like to switch it, to a lower rate. she has just settled a car finance agreement, do you think she should wait a while before applying to tesco or the like. Let the car finance show as settled, her…
