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Loans

Archives for March 2015

Sainsburys loan
Please please please can someone who has had a sainsburys personal loan help me
HELP! car finance nightmare
Hi everyone I am a driving Instructor working around Manchester. In November 2014 I ordered a vehicle from an online car broker, the finance had been approved through Barclays Bank by the broker and the vehicle order form was signed. My current PCP contact ends in March 2015 therefore I wanted to wait till end of March for…
24+ loan....yes or no???
I hope I have posted in the right place.... I am about to embark on a career change as a Teaching Assistant which means I can do a course costing £1412. I have been told I am eligible for a 24+ loan which basically means I can have the course funded and I don't need to pay anything back until I earn over £21k. The career I…
Sainsburys Bank Loan
I did a search for an £8,000 loan on Moneysupermarket, over 3 yrs, with Sainsburys bank at 3.6% Nectar card holders. I got an email from them saying agreed in principal, we might change the apr. depending on my circumstances. I get the documents and they put the apr. at 6.7%, nearly double what was quoted. I phoned them up…
Credit Unions offering payday-style loans
Some credit unions offer cheap, payday style loans. We have a few that do listed in our Payday Loans guide, though we're always on the lookout for more. If your local credit union offers small (so sub £400) payday-style loans payable over one to three months, please let us know in this forum. Thanks, Helen
Student Finance Situation Help Please
Student finance have been in contact regarding extra evidence that they require for my brothers application. They are asking for either a letter from a solicitor declaring marital status or a decree nisi. This is to show that my mother is single. My mum and dad have been separated for well over 11 years. They are not…
Loan to clear a loan?
Last year I took out a 7-year secured loan last year at an APR of 15.6% to pay off an ex-wife. Originally I was going to clear the loan when I sold my house. Unfortunately, for various reasons this sale is no longer going ahead and I have to continue paying the nearly £300 per month repayments for the foreseeable future.…
excellent credit rating but refused a loan. What's the point?
Hi, My friend is in a right pickle at the moment. she is trying to consolidate her credit card of £8000 and to buy a new car needing a further £7000, so in total needing a £15,000 loan. She tried Sainsburys which has the cheapest rate at the moment. Her credit score was in excellent. She earns £30k a year with no major…
QuickQuid
Hi everyone One of my work colleagues has a bit of an issue, was wondering if anyone could offer any advice? Her daughter (18) left home a few months ago and moved into rented accommodation. At some point the daughter has taken out a loan from QuickQuid but used her mothers address for the application. Her mother has been…
sainsburys personal loan confusion
Hey new here. I applied for a loan of 5k over 5 years on Tuesday 24th March I received the "approved in principle" message straight away. On Wednesday 25th March I received an email saying please call for a few more details before they can give me a definatley answer. I phoned and the woman went through my details and loam…
Car Finance Early Settlement Nightmare
Hoping someone can help. My husbands car was written off (not his fault) 16 months into a 60 month finance agreement. The other party admitted liability so no issue there. The finance company gave an early settlement figure of £10800 at that point, the book price of the car was £8300. Obviously meaning a shortfall of…
Creation Finance Loan
I will make this as short as possible but please ask for further clarification on any points. Partner had a loan with Barclays but took a loan out online after he was offered a lower rate by Creation. When the loan came through the rate higher than they originally offered so my partner phoned to query it and they said…
Car finance - outstanding balance query
Hi all I am in the first process of buying a new car, however the trade in value means that I will be in negative equity and there will still be 2000 outstanding which would be transferred to the new loan on the new car. This has caused the new monthly repayments to be higher than I would like. I am in the position to pay…
Joint loan agreements
If 2 people (not married) take out a joint credit agreement and 1 person declares bankruptcy is the other person liable for the whole debt or half? Contributions appreciated :)
'Persuading' Lloyds to offer better APR
Hey folks. This is my first post so go easy on me! Apologies if this sort of thing has been posted before. I did a quick search of the form but didn't find anything. Anyway, to get to the point as quickly as I can. At the tail-end of 2013 I had around £6300 of debt to my name thanks to a loan, overdrafts, and my credit…
Can Cooperative Bank do this?!
I repaid a personal loan early, in full, in January with Cooperative. The Ts and Cs doc and loan agreement I had with the loan are vague at best, but under their own FAQ on the website it says: "You have the right to repay all or part of the loan at any time. If you repay in full 28 days interest calculated on the balance…
Get loan or use savings?
My husband and me currently have an offset mortgage account (1.99%.above base rate) and we do have savings which are helping to bring down he interest payments on our mortgage. We need to buy a new car and we've set our budget at £15000 for this. My question is would it be better to get a loan for the car or use our…
Flexible Loans
Does anyone know of a flexible loan provider where you can pay back whatever you want each month and clear it as fast as you can? Many years ago I had a Cahoot loan and it was almost like a credit card where you were given a limit and paid off whatever you wanted monthly, but could then withrdraw funds and borrow it back…
Loan to pay off Credit Cards?
Hello I currently have three credit cards - total balance around £5000, and a littlewoods account which has a balance of around £1500. I was looking into potentially taking out a bank loan to pay off the above, would this be a more favourable option than having various credit cards and a littlewoods account on my credit…
Joint Loan Sainsbury's Personal
Hello everyone, I would like to kindly ask advice about applying for Sainsburys personal loan. I am looking for £5000 over 3 years. I tried their soft search tool and it stated that I have 50% chance to get £3000 loan. When I tried £5000 over 3 years it said I cannot get it. So I am thinking to apply as joint application…

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MSE News

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