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Bank loan or mortgage
We want to do some building work for a new kitchen. Estimate about £23000 of work. What is best option to fund this? I have some savings to take within spitting distance of this, but feel uneasy with then having nothing (lol but what is the point of savigs?!) We have thought about adding as additional loan on the mortgage…
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Employer Loan
Hi Everyone I'm shiney and new here and have a problem with a former employer that just wont seem to go away and I'm not at all sure what I can do about it. The Background: Nov 2013, my employer offered me an employee loan to help with some spiralling divorce cost. I agreed, but was reluctant because the repayments were to…
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Rights to information when entering into a new loan
Just a quick precise of events: I entered into a finance agreement for a bed purchased at the London Ideal Home Exhibition in March. The loan application was done electronically by laptop. I was told it was approved and I paid the required deposit. There were subsequently problems with delivery of the bed but my problem…
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Front Loaded Interest
What is "Front Loaded Interest"? I bought furniture in Aug 2012 from a large high street store at a cost of £1490 over a 4 year period. When I had my statement recently it shows 'Front Loaded Interest' of £1280 added in Aug 2012. I pay £77/month. I have payed off £2448 and still have £1248 left to pay (approx 13 months).…
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Motonovo Finance
Hi Everyone, This is my 1st time posting so apologies if I'm in the wrong area (if I am then can someone please advise where I should be??) Anyway, basically I've got myself in a bit of a pickle with Motonovo Finance over a car loan (I'll try & keep it brief); I purchased a used car last September with the help of Motonovo…
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Welcome Finance - Refund of interest
Hello to all, In need of a bit of help here really.. I received a letter from welcome finance saying id overpaid on my interest (historical system error) I called them first to make sure it was legit etc, then signed off the bacs payment letter which they received on 22/05/15. I still haven't received the money and after…
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Ex-employer chasing study expenses
Hi All, I recently posted about an ex-employer chasing study fee's they say I owe them, I won't go again into the details of why I am disputing as it was explained a lot in another thread. In summary, there is NOTHING in my contract and I DID NOT sign any agreement with them, I have asked for this and it has been ignored.…
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Everyday Loans
Desperately need some advice! I took out a loan last May in order to consolidate existing debts. (You don't need my sob story) I borrowed £1500 from Everyday loans, which i paid back at £160 until February and then upped my repayments to £200 a month in order to pay it off sooner... Today i have emailed them to ask for a…
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Have Halifax duped me or have I duped myself?
Hey guys, I had a Halifax loan, let's say for £10,000. I made about 5 repayments and then decided I needed to borrow more. Rather than renegotiate my existing loan, I took out an entirely new separate loan - again with Halifax - and paid off the first loan. This was partly because I am lazy and wanted to do it all online,…
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Lending money to friend - need contract template
Hi Hope this is in the right topic. I'm buying a laptop on behalf of a friend and she will be paying me back in monthly instalments. I've been trying to draft a contract so we both know where we stand but I'm struggling with the wording and wondered if there are any decent templates for this sort of thing? I want to…
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Smallish loan required - loan or credit card?
Morning all, We've just bought our first house and we're looking at putting central heating in. Someone I know is a gas safe plumber and will do it for around the £3000 mark. However being self employed, small operation, he doesn't take credit card. I usually only buy what I can afford with the money I have, but I think…
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Loan to pay company back
This whole situation leaves me very uneasy, I will try to keep it short. Basically (as you may have seen in my previous posts in other boards) OH and I have been thinking about a second child for a number of years, last year I negotiated a relocation package so we can move to a bigger property. Everything was great, no EA…
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Student Accommodation CCJ
I'm not entirely sure if this is in the right section so please let me know if not. Here is my current situation: Since I left University after my first term in 2012 I have been paying £10 per week to the University to pay the accommodation fees for the whole of that year. According to the University I was liable to pay…
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Natwest overdraft
Hi there, new to the forum, have had a read about & cant find anything regarding overdrafts I'm useless with money basically to the extent I have around £8000 in debt & have 2 wage arrestments against me (In Scotland) My credit score is very poor, cant remember the exact scoring, however despite this Natwest decided that…
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Advice please! Student starting job in Sept, but need a loan now
Hi, I'd really appreciate any advice on this. I've just finished teacher training and have secured a job for September. I need to buy a car, so need to borrow about £2000 either with a loan or credit card. I have a bit of work over summer but nothing concrete, so technically unemployed until then. My bank say I won't be…
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Santander loan repayment help
I was hoping someone would know the answer - I have a loan with Santander and i can pay off as many lump sum amounts when i want, but the amount i pay each month remains the same, not a problem, but what happens for example if i pay this a year earlier than expected, will i get some sort of rebate? as i would if i settled…
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Black horse car finance withdrawal letter
Hi, In Feb 2015. I bought a car through black horse finance and withdrew the finance agreement by settling the full amount with in 15 days as i did not want to pay the costs which were not explained to me by the car dealer. Now my home mortgage is approved with an other lender but before they role out the formal offer…
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Default Barclays Partner Finance - Fixed sum Loan - Car finance HPI problem
Hi guys, i have a BPF fixed sum loan agreement which was taken out for purchase of an ex demo car from Hippo Car Leasing. The agreement is in my mothers name due to her having better credit than me, The problem is, i now want to sell the car and believe that under Fixed Sum Loan agreements, it shouldn't be secured against…
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Loans - retirement age but....
As in - I am retirement age and duly retired (ie woman over 60). The "but" is I've got a revised State Pension Age that is older than 60:mad::( and haven't quite reached that age yet. Hence I'm only receiving the work part of my pension currently and still awaiting the State part of my pension. It's not much longer now and…
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buy or mortgage
I can save 30000 a year and im paying 625 rent at the moment a month, theres a 1 bedroom bungalow for sale 80000, am I better off buying that cash and then save for five years { 150,000 } and then sell the bungalow or should I just stay where I am and save
