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Final payment on loan - can they do this?
Hello, Just after some advice - I hope there is someone out there who can help?! My car loan was taken out in May 2007 over 59 months - I have paid £145.49 every month by direct debit and have never missed a payment. I called them this week to check when my final payment would be and was told that on 1st June I'll be…
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Secured Loan
just wondering if anyone has any advice, we took out a secured loan to consolidate. We have recently applied to FSCS about the PPI we were forced to take out, which we should hear back about in the next couple of weeks. When we took the loan out someone was supposed to come and value the house. Only to not come out and ask…
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What would you do?
Sorry for all the questions, but I am in need of advice from those in the know! I have the following debts: 9800 cc 3400 overdraft at bank 1800 loan I will have £500 available to try to pay these debts. What is the best way to do this a) apply for loan of 15k with bank b) apply for loan of 3400 to pay o/d and then switch…
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Car finance
Hello All, Im looking for a bit of advice.. I was in a protected trust deed that has been complete and I have been discharged for almost 6 months now. Since discharge I have had no debt what soever and pay my bills on time every month via direct debit.. ie. phone, gym membership and car insurance. Im looking for a bit of…
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Should I look to consolidate
Hi everyone, My credit is terrible - bold statement but true and I want yo make it better. I currently have on my credit file : 1 ccj to come of my file in January 1 statutte barred debt due off next march 1 telecoms @ 135 1 bank overdraft @ 634 1 payday loan @ 500 1 council tax arrears @ 218 So this comes to 1487 I know I…
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Early loan repayment on DMP - Interest back?
Hi there, I have a loan with HSPF which was £13K and on a silly rate of interest (I know, I know) and is now included in my DMP. Despite paying for 18 months the debt is still at £20K because they front load the interest. On my DMP they are getting just over half the agreed monthly payment. But after a few years of my DMP…
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GE Money Secured Loan Letter
Hello Everyone !!! I was wondering if any of you have received a Letter from GE Money regarding a Secured Loan?? I have been paying £247.43 per month by Direct Debit and now i receive this letter telling me that because GE Money have made a mistakeas a gesture of goodwill have reduced my Loan by £2035.47,but now i have to…
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Late Payments on Credit Report
Hi - I'm looking for some advice. I recently got my credit report from Equifax and have tried (so far without success) to query something on it. I had a very small Barclays loan from 2005 - 2010 and on the credit report it says I made 12 consecutive late payments. Each are only single late payments so its not that a missed…
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Pay day loan help - letters
Hi all, I'm looking for some letters to send. I have a few pay day loans which have gotten out of control. I've managed to get a new bank account and am planning to close my old one so that my wages are safe, but once I've done this, I need to write to the creditors to explain what payments I can make. Is there anything I…
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Just looking for advice...please help
Hi everyone. Wondering if you can help with some advice. I have debts. £9000 approx with M&S loan and £3800 on a barclaycard. I am in a failing marriage and I want to leave my husband. This is going to cost me alot of money - I can't see how I can leave when its going to cost me around £1500 to pay the first months rent…
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Paying a loan off with a credit card
Hi, am new to the site. bit of background, i am not in huge debt but have a 5 year loan that i have never missed a payment on. i have recently tried to sort out my finances and realised i dont want to pay the 3000 interest on my loan (overall) is it possible to pay off a loan using a 0% purchase credit card or does it need…
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Previous loans
Santander paid me out for ppi in Jan 2012, but I then realised that I had 3 loans almost back to back.I have no information on the previous loans, but on contacting Santander for information I am told they only keep info on my last loan and go back up to 6 years only. I tried credit experian, again they only go back for 6…
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Blu financial services
Hi all, I am needing some advice if possible. I will give you an outline of my circumstances, both past, present and future, and the companies that I am looking at dealing with. Okay, well in 2007 I declared myself bankrupt. I had a lot of debts that I had taken out for various things like store cards, credit cards, car…
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bank loan question
Morning, I have a question about a loan I took out when I set up as a self employed electrician. I went to the bank where I have a current account and have had small loans in the past. I asked for a loan of ten thousand pounds to set myself up (tools, test equipment ext.) I was asked if I was still employed? My answer was…
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Halifax loan and credit report in UK
My Halifax loan lasting for 86 months is recorded in my credit report for an amount that is including the interests (capital and interests as the total amount due in 2017). Another loan with Barclays is recorded in my report as capital only. I think this is affecting my total borrowing and Halifax is wrongly including the…
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Credit Consumer Finance
Hello All I have just got a credit report done due to the fact i applied for a loan with my bank and they said ' i met their criteria but they could not approve me due to my credit score'. Upon getting my report i see the problem :( , it comes in the form of a company called 'credit consumer finance ltd.' saying i took out…
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Welcome Finance
Hi, I am looking for some advice on a loan I have had for welcome finance for 5 years. The facts are as follows : Credit provided £17235, Annual interest rate 16.20% monthly repayment £255.54, minimum duration of the loan is 180 months. You can do the maths I would pay £45997.20. Apart from the fact of how stupid I was in…
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5.9 % APR see
Hey guys, just used the repayment calculator on Martins sitefor the amount i need to borrow the results came up great. Boroowing £9500 over 3 yrs at an interest rate of 5.9% was repaying £157 per month. I cant seem to find anyone who will do that. Any ideas????????
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Student Loan repayments whilst raising children?
Hi there, I have recently given up work to raise my 3 children and I have just received a letter from the student loans company asking what my current state of employment is and if unemployed and not on benefits (which I'm not) how do I support myself. I'm a little worried that my husband may have to start paying my loan…
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Advice please
I have just over 2 years left on my mortgage. I am on standard variable rate (cheap at the moment). I am purchasing a car for 20k. What would be the best way to borrow that amount ? Add it on the mortgage but not extend the term, add it on the mortgage and extend the term by say another year (mortgages going up ?) or just…
