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Loans

Archives for July 2012

quick question about a search on my credit report
i was thinking about taking out a loan and read on here that nationwide do a soft search (as long as you do not accept the quotaton - which i did not). i have now logged into my credit report tonight and have an alert for a nationwide search. under 'type' it says 'personal loan quotation'. is this going to affect my…
Payday loan robbers
I have a payday loan with Payday express and was unable to make my payment (£550)as planned last week so I arranged with them to pay the interst and some of the remaining balance (total £150)on 7th August. My mother transferred some money into my account this morning so that I could pay for something for her when I went…
Curious if this is sensible.
Hi, first post here so salutations to all, I'll try and keep this short to not bore people to much, just need to know if the general consensus is on this being a sensible idea. I'm now at the end of my university course with a job lined up with a start date soon after I finish (September, if not October should problems…
Personal loan
Hi guys, After my last car sadly passed away a few weeks ago I've been on the hunt. I've only ever bought cars for around £1000 before. However since both have died within 2 years I thought I would push the boat out being 22 I need a better car:j:j I've found a nice little mini which I've managed to get for £4000 instead…
Stupid debt I have caused when I was younger
Hi people Please don't flame me. I have caused a stupid debt when I was young and am now struggling to pay this. I totally understand its my fault I'm in this situation but at the same time I feel as though it is unfair I'm paying this. I took out a loan to buy a car back in 2007 for around 19k Few months later I lost my…
what checks do payday lenders do
if you apply for a payday loan what checks are carried out? do they phone up your place of employment to make sure you work there? do they do credit reference agency checks ? a girl who is friends with my grandaughter just told me she had a few payday loans and she does not work, never has and she has lots of bad debts..…
Mature student bursaries
Can anyone help me please? I am a mature student (25) about to enter my final year of my undergrad degree. I do not have any income at all and rely upon my student loans. I will receive a grant but wondered if there is any other bursary or grant that the government provide for people who are studying away from home over…
Secure loan regardless of ltv
My husband and I both have well paid jobs and would like to borrow £10k secured to develop our loft. The plan is then to remortgage. We cannot borrow any more unsecured debt. Does anyone know of any firms who will lend regardless of Ltv as we are currently at 85%. Thank you
Consolidation Loan
I'm hoping for some help! I have 6 seperate credit agreements (loans, credit card etc) that I want to pay off and reduce my monthly outgoings by about £500! I have applied for 2 loans and been refused - on visiting credit expert it advised that the number of credit accounts and the outstanding balances were having a…
to consolidate or not to consolidate
Hi there, I am looking for some advice, I have around 10k of debt on credit cards at the moment and will be looking to change my mortgage arrangements soon (there is no equity in my property) my question is am I better off consolidating my c/cards before I look at my mortgage options or or would it be better to do it…
Can I get an advance or a loan in the UK using an irrevocable trust as collateral?
I am a named beneficiary on a irrevocable trust in the UK, my parents set up a trust some years ago to avoid paying loads of inheritance tax, (They are still alive but now elderly.) I need to raise some funds to help with a move to the Middle East soon, so would be very grateful if anyone could help. I have looked at lots…
Moving and will need a smallish loan.. help as cant rely on Santander!!
Hiya, Im an Admin Assistant in Kent area currently earning £17,250 a year and have done my first stage of AAT. Me and my boyfriend are moving to Swindon in a few months time but need some money behind us in order to do so. We will both need new jobs and a new flat etc so we will need some savings to get by at first. I have…
Loan Company won't provide Settlement figure
Hi, I called up my loan company in June and asked them for a settlement figure. I told them that that I might have been able to access some money however this was for a limited period of time. On each occasion I phoned I was told that they would try and get the settlement figure then get back to me. In the time that it has…
0.791% apr for 22 months
in a nut shell: transfer money at balance transfer rates to another credit card that has no balance, putting it in credit. Get the credit refunded to your bank account. Successful done from Barclaycard to bank account via MBNA card. long version: I been trying to figure out how to use my credit cards to get the cheapest 0%…
Pay Day Loans ans Loan Brokers, MSE Guide needed i think
Amazed at number of posts on here about people taking out these ghastly things, think it's time that Martin and his gang put up a guide on the website advising people of the pitfalls after all prevention is better than cure.
fixed sum loan
Hi, can anyone explain the difference between finance and a fixed sum loan for a car with santander
Car finance and APR/base rate query.
Hi My mother has taken out a finance agreement with Close Motor Finance. She is unstable and tends to live for the moment rather than thinking about tomorrow so I am a little bit concerned at what she has signed up to. The vehicle is priced at £4750. Duration is 36 months @ £165.50 which =£5950.80 Set up fees are shown as…
Car loan money trouble!
Hi Wasn't sure where to post this so apologies if it's in the wrong place! I bought quite an expensive car at start of the year on finance through the manufacturer and although it's a great car, I have a problem in that I can no longer afford the finance payments. I'm not looking for the violins to come out for me but…
Student Loan Question
Sorry if this is the wrong forum, please feel free to move if it is. I am 23 and returning to technical college in September to do a HND, have applied for Student Finance etc and my dad has received the form for him to fill out about his financial details. My dad has been on incapacity benefit for a number of years now and…
Credit check 'negatives'
Hello all, first-time poster here, although I've been browsing this site and the newsletters for some time. Sorry in advance if I've posted this in the wrong place. I'm a potential first-time buyer, but had my first attempt at applying for a mortgage declined this morning, which has set me off on a trawl of my credit check…

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MSE News

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Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
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Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
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Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
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Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

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Loans

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