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Home Care
Hi there I have a loan with the dreaded Welcome finance and it was taken out in 2002. I have heard about PPI and my account manager told me not to go through with claiming as they will just take an amount from what I owe. Besides this I have just been informed today that I pay home care and have done so since the start of…
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I think I’ve over paid my loan!
Hi Forum Back in November 2005 I took out a loan for £28,000 over a period of 7 years – which included the interested added onto the balance. Unfortunately due to personal reasons I fell behind with repayments and a default was then issued against the account in August 2011 for a sum of £12,000. Thankfully my life and…
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Can I fight Student Loans repayment increase? (overseas)
Hello folks, Help! I am a British expat living in Washington, DC. I am one of the few Brits living abroad that actually bothered to notify the Student Loans Company that I was leaving the country, so each autumn for the past 3 years I have filled out an overseas income assessment form and the SLC have set a monthly…
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Best way out of car loan
Hi, About 7 months ago I got a loan to buy a car. My husband suffered a stroke and he is entitled to motability scheme. The problem is that I cannot afford to pay off the current car loan in full. I have been given a settlement figure but I know no dealership will give me that for the car. I have a poor credit history so…
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MPs say: Ban Payday Loan Adverts on Children’s TV
Following on from the evidence session held on the 5th November 2013 which included Martin Lewis of MoneySaving Expert amongst its witnesses - the Business, Innovation and Skills Select Committee have today published their report into Pay-day Loan Companies. The Committee questioned representatives of payday loan…
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Secured Loan Queries
Hi All Took out a secured loan some years ago, since then my wife and I have separated and are undergoing divorce proceedings. As such payments have been missed and arrears built up to the point where Court action was taken. Wife agreed to pay the payments plus an amount towards the arrears and the Court made an order to…
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Lloyds tsb risk band
Hello all, recently I've went into my bank (lloyds) about getting a loan and they've come back and said my account is very good sitting at risk band 3 (what does this mean) however they've told me that there is one thing that was flashing... 'Ability to pay' and they've told me They're unsure about how long this can take…
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Re-finance a loan
I used to have a 'poor' credit rating due to the amount of debt I had, as I was using about 90% of my available credit. I had never missed a payment but was stuck in a rut as the interest was high and I was unable to get a loan or interest free credit cards. Eventually I paid enough off that I was able to get a loan for…
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Payday Loans affect Credit rating report
Hi, I took out a payday loan and successfully continued to make the payments each month as I was told this would help rebuild my credit rating. However, it now appears this has had completely the opposite effect, as I am being penalised for the length of the loan. Is there any advice on anything I can do about this?…
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Secured Loan for me and my partner BUT HOW?
Hello All Back in 2006 me and my partner decided to get a Loan against her property. My partner applied alone but had no luck finding a loan by herself even secured against her property. We then decided to put both our name on the loan application and we were accepted. We had a £9000 secured loan against my partners…
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Arnold Clark interest rate - is it right?
I bought a used VW Golf from Arnold Clark last year (part finance) and looking back at the paperwork now I am confused about the interest rate and how they arrived at the APR. I hope someone can help me work out whether I'm being swindled or not. Here is the agreement doc that AC gave me: Cash price including VAT: £14493…
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scam or not
has anyone else had dealings with loan.co.uk? my daughter applied for personal loan from them and paid admin fee of £95 (silly girl) the loan was approved they then asked for £199.90 to release the money which would be repaid to her with loan she transfered £200.00 they said they could not release money as she had paid 10p…
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Wonga Refused Loan?
Just wondering if anyone would know a reason why Wonga would turn down a loan for a 3rd time. I mistakenly fell into the Payday Loan Trap last month and have used them for two loans. The first was paid off 8 days early, the second on time a few days ago. In fact the second loan which I had for just 5 days they offered me…
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Cooperative bank loan accepted..?
Hi All Not sure whether anyone will be able to shed any light on this, but it's worth asking... After struggling with the classic payday loan trap (and subsequent debt cycle) for years, I managed to clear all my high interest debt off and earlier this year celebrated being completely debt free for the first time in 20yrs.…
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Cash Converters Payday Loan
Has anyone taken out payday loans with Cash Converters before please? I got one for the first time a month ago for £70, and the last weekly installment is due tomorrow. I'm considering renewing the loan, as it would come in handy for Christmas. What I'd like to know is will the amount I can borrow remain set at £70, or is…
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Santander 4.5% (not for all)
I successfully applied for this loan online but when I received the contract a few days later it stated my interest rate is 11.1%. Thinking it was a misprint I called Santander only to be told that not everyone gets 4.5%, it's based on individual applications. Thanks for awarding my loyalty over the years. Obviously I…
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Question: Changing loan payment date
Hello everyone I'm Morgan, I'm new round here. I have a question… I have a Smile loan that I took out a while back, I pay it from my Smile current account via Standing Order which Smile set up for me. I want to move the date (from 19th to the 30th each month) but they tell me this not possible as the date is in the…
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Short term £50k loan
Hi. I was wandering what options there are for a short term £50k loan? We have a plan maturing in May which will release just over £60k but I have a need to use £50k in January, I cannot get the money out any sooner that ay so would need to look at some sort of loan. Where would I look? I have a mortgage free house, so…
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Student needing a short term loan!
Hi, I'm a full time HE student and have my next payment due in january for student loan. However, i've just put renting a house in motion and asked to move in january (after the payment) but they have asked us to move in this week and want deposit and months rent up front (understandable). I have half of this as i'm quite…
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confused.com by loan broker fee
My partner was charged loan broker fees by 3 separate companies, 2 of which have offered a full refund (Money Warehouse £35.99 and 1Loan/Moneygaga £39.99.) The third company, however, shows up on his bank statement as: FE FRONT END-HBL which, on googling, appears to be a bank in Pakistan who used something called a'front…
