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Why does he have to pay insurance when theres nothing to cover
My husband could no longer afford to pay for his taxi insurance which was £5000 over the year when they informed us that they are adding over £900 to the total.At the same time he stopped work and put his car for sale so he could pay off most of the car loan. The insurance broker and insurance company have both written to…
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Advice on a 10k loan
Hi It's a bit of a long story but hopefully I can get some advice... I am looking to take out a 10k loan to consolidate Overdraft, CC and loan debts that my husband and I have accrued. I have been approved by my bank for a loan of 10k at 15.4% APR over three years- so not great, really. In about 1 month, we will be moving…
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MAC book/Laptop on Hire Purchase
My brother is moving to the UK from Ireland next week and starting a new job in IT. He is in need of a MAC book and a good mobile phone however he is looking for a contract or hirepurchase type of deal as he is only starting a job so has no income for a month or so and he designs websites part time and needs a MAC book to…
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Sainsburys and M & S Loan (Who gets accepted)
Hi Looking to get a loan of about £25K for home improvements. Recently got a mortgage. Just wondering what the acceptance levels are like on Sainsburys and M & S?? Don't want to put a footprint on Credit History as its at Excellent at the moment. Also for these two lenders what kind of proof do they ask for etc?? Thanks…
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NHS bursary, owing back Money
Hi all My partner has recently had a letter from the nhs saying she owes them back a large amount of money, to the sum of near 1.5k! They have obviously worked out the sums wrong and overpaid her somehow! Obviously this is not her fault and trusts what they pay her is the correct amount. She now has to pay back this money…
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Urgent advice wanted
Im in urgent need of some advice. Basically i got made redundant a while ago. Ive been unable to claim any benefits due to my redundancy pay. This money has been used to pay off some of my vet bill, for a seriously ill horse and has now all gone. I have managed to get some temporary work for the next 5 weeks up London. I…
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Mature Student - no loans available - what to do?
Hello, I'm 42, have 2 kids (aged 10 and 6). I have a place on Pharmacy (4yr full time) starting in September and if I'm successful at interview next week, I hope to also have a place to start Medicine (5yr full time) in September (2015). I went to private secondary school, my parents scraped the money together to pay for…
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Halifax In Branch Scoring
Hi all I'm a newbie here! I'm in the process of trying to improve my credit score. I've held a Halifax reward account with a 250 OD since August 14. (Prior to this I had the easycash ac for 5 years which was used as my main a/c for four years) In branch today I asked about the a credit card facility ( I already have a…
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scam badluck
I applied for a loan in december on line they told me they found me a loan.they toke 69.99 from my account and told me the funds would be in my account within 24hrs.It never was nor did the company reply to my calls.this happed on 23 12 14 and i have lost 385 pounds from my account..i did agree t and c with company on the…
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car finance gaurantor
hi I am trying to help my son in law who at 19 was talked into becoming a guarantor on his older brothers car finance. The problem is that the brother stopped making payments 18 months ago and my son in law has just found out there is a 10000 debt on his credit file with Experian. I am trying to find out if he has a case…
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Lending money to a friend
Hi I have been asked by my uncle to draw up an agreement for him as he wants to get a loan out to lend £3000 to a friend so the friend can buy a £5000 caravan. (The friend is putting up the other £2000). The friend will be paying the monthly installments to my uncle who will then pass this to the loan company to meet the…
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Chances of getting a loan with a good rate?
My husband is looking to buy a new car but needs to get a £15,000 loan. The car finance company offer a loan of 4.9% but we have 'seen' better elsewhere. Just wondering with the following facts if it's worth trying to see if we can get Sainsburys 3.9% loan? His income is £42,500 He has a 0% interest cc with £1,500 left to…
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Covering one 'loan' with another
Hi, basically I have a car on finance with Stoneacre. I have just over 2 and a half years left to pay at £310 a month. If I clear off the finance (which will be roughly £6,000) with another loan I could get for £6,000 and spread the costs over the same time scale (2 and a half years), I could get a loan and pay only £212 a…
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Fixed Term Loan, But Interest?
Hi I Need some advise please. I took out a Co-Op loan for £8000 at 12.1% APR, which work out to be with interest added £11.692, over a period of 7 years. I pay a monthly charge of £139.16, which calculate to £11.692 with interest. But here is the problem, every 6 months the Co-op add interest to the loan of about £320 in…
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If a lender has no signed agreement from a customer, is the debt enforceable?
Hi, Theoretical question.... honestly ;-) Let's say a "friend" of mine. A REALLY GOOD FRIEND OF MINE, applied for a personal loan with a big lender in mid-January and the funds were paid (c.£16k) in to that person's account a few days later. That money was promptly spent on what the loan was taken out for in the first…
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How to compare car PCP between dealers?
Hi :) One of the options I'm considering for purchasing a car (today! ) is PCP, and I can't find a way of comparing between dealers. It's an approved used car, two almost identical cars, similar prices from two main dealers and the PCP figures differ considerably between the two. They both say I can't just go by APR. Which…
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first direct loans - what are my chances?
I am thinking about taking a loan with First Direct. Does any one know if they have a very strict lending criteria? Their best rate is 3.6% - is that rate only for those with a high credit score? *My credit score is in the upper "Good" range *I have never defaulted on credit card and loan payments *My credit cards are…
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what is the best way to borrow for home improvements/extension/loft conversion?
I would like to convert my loft or extend plus make some home improvements. What is the best way to borrow money? Should I borrow from my mortgage provider or get a secured loan? Thanks
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Work Out Settlement Figure Yourself, Possible?
Is it possible to workout yourself (roughly or accurately), a settlement figure on a loan after you receive your annual statement?
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What to pay down first - balance transfer, loan or mortage?
I'm due to come into about £2k after some stock stuff matures which should make a reasonable dent in my debt, but I'm unsure as to what to try and clear first. I've got: ~£15k on 0% balance transfer cards, which get moved around approximately annually, costing about 3-4% a time. ~£9k loan @ 6.9%, fixed payments. ~£94k…
