-
NatWest Lending Policy
I recently had a NatWest loan application for £12,000 over 5 years declined after it had initially been approved. The reason given for the decision was that in the supporting materials I provided about my income, my work contract showed I only had 11 months remaining. The Bank wrote to me saying its lending policy meant…
-
Buying a car - what is the best thing to do
Hi all I am thinking of buying a new car as mine has now done 157k miles. I now travel 47 miles each way to work and dont want the risk of any issues with my car etc. I have an option of buying a second hand car with low mileage, bit then if something goes wrong I have to pay or get a new car on PCP with 25k mileage limit…
-
Got a £25k loan from Nationwide at 7.4% - details within
There are a lot of myths on this board about what lenders will and will not accept (eg maximum credit 50% of salary, etc) so I thought I would provide some facts on my recent experience as it may help someone. - Earn £61k - Homeowner (100% LTV) - Three dependents - Secure job - Bank with HSBC - Loan with HSBC for £25k…
-
I Need £9000 For A New Taxi .....
About 4 years ago i had a Capital One card that i got in to debt with....The debt was passed on to a collection agency.....I have only £1000 of debt left to pay and have never missed a payment. 3 years ago i went to the bank for a loan of £8000 to buy a new car for which i need to use as a taxi, i been a taxi driver for 19…
-
Loan v credit rating dilemma
Hello all, thank you for having me. Apologies for the dump, but this has been keeping me up at night, so I hope you wouldn't mind offering a bit of advice. I've been debt free for a number of years, but due to some recent financial difficulties with my OHs business, I've now got £5k debt on a credit card (16.9% APR), £600…
-
New car with poor credit
Hi, I have a poor credit rating (over 500 on last inspection) due to not being able to make payments while out of work a few years back but am secure now. I want to get a new car from Vauxhall (worth about £9000), is it worth me even trying or am I likely to be turned down? Or will they secure the loan on the car itself?…
-
Swift Sterling Loan - Lost my job before It started
I took a payday loan with a company called swift sterling a week ago with full intention of paying them back when I got paid. I recently got a new job through an agency so thought I would be fine. Unfortunately that job has now fallen through and there is no job. I don't really know what to expect and am really worried…
-
Medical Loan
Hi Folks, One of my friends is looking at getting a loan for some surgery, it's cosmetic but not for vanities sake! Anyway she is looking at getting a loan for this and seems to think a medical loan company would be the best bet, I think a bank loan would be better. Any advice or input would be greatly appreciated!
-
Nationwide
Hi all, I have a balance transfer card finishing and decided to take a loan out to pay it off and give a bit extra for some other bits and bobs i wanted to sort. I rent my flat, earn 30k/year, credit card has £4,195 on it, limit of £5,800. Have an over draft of around £800 as well. loan was to pay the credit card off in…
-
Lloyds loan to settle
Hi , I have been searching threads trying to find the best way to pay off my loan without incurring settlement charges . I have a DD due out after 27th of this month for £335 . I see on other threads people say to pay total amount minus dd amount . Would the total amount showing as outstanding be on my online banking? As…
-
Secured loan on non-mortgage property
Is it possible to take out a secured loan on a house that is owned outright? Some of the lenders listed on MoneySupermarket are asking how much is left on the mortgage before giving a quote. And not allowing £0 as an answer. Considering a secured loan for house improvements. House was inheritance.
-
not sure what to do...
In a mess at the moment. The overdraft has been maxed out and I know owe the bank about £1,500 thanks to a £800 energy bill, which is £500 over the overdraft. I've had a credit card in the past but paid it off and got rid of it, and never taken out a loan before or. The bank now say they will stop all direct debit payments…
-
Ppi on loans.
Can anybody tell me how I find out who I took a loan out with in approx 2003. Iv done a credit check but it only goes back 6 years.
-
Cancelling A Loan
Hi everyone, On Friday i was offered a car which seemed a little to good to be true, and guess what it was.... Not the sellers fault though he didn't actually know the specifics about the car and thought it was a certain version it was not, I applied for the loan Friday evening with Natwest and was accepted online, went to…
-
Mis sold loan??? What can I do?
Hi I have recently purchased a Caravan in November 2012 under what I thought to be a hire purchase agreement. All previous caravan purchases have been on HP so wouldn't have thought any different. On collecting my van I was given a document which had the agreed monthly figures on etc which I duly signed. The rep took back…
-
Wish to get a loan
Hi All suggestion welcome I have a plan to get a £10,000 loan for some personal use from my bank lloyds tsb. Bank offer me loan for the period of 1year, 3year, and 5year. lets assume i would go for 3year so monthly payment lets assume £200. After 3 month if i will return £7000 will bank reduce my monthly payment and after…
-
CFO lending
hi guys this is my first post so i hope you can help Hi i am hopeing you can help. I took out a payday loan with CFO lending a while back for £500 pounds. With interest this comes to £680 pounds. I have rolled over the loan 2 times and on each occasion i have paid the 180 interest. I have now offered to clear the balance…
-
HP agreement settlement question?
Hi all, can I just run something by you to see if I have it right. It's not ethically right and it puts the dealer out of pocket but like most of us, do we actually care about the retailer. I have recently come to an agreement with a car dealer where I part exchanged my car and started a new hire purchase agreement. I went…
-
Wish to get a loan
Hi All suggestion welcome I have a plan to get a £10,000 pond loan for some personal use from my bank lloyds tsb.Bank offer me loan for the period of 1year, 3year, and 5year. lets assume i would go for 3year so monthly payment lets assume £200. After 3 month if i will return £7000 will bank reduce my monthly payment and…
-
How likely is this?
My daughter aged 20 earning £15,000 wants to buy a new car costing £9000 She has £2000 saved up and is owed £800 by her sister which she will return in July. The car she has at present will get about £800 when sold. She wants to get a loan for £7000 now and then pay the 2 x £800 off when she gets that back. (No prob with…
