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do I have accept loan? or can I apply for new loan
*do I have to accept loan? Hi I am with nationwide and currently have a loan of£ 2300ish with 13months left. I got a quote of 8.9% to top up my loan with an extra 10000. I didn't apply as I wanted to see if I could get a better rate. I applied with cahoot santander with a representative rate of 3.6% I had to apply i did…
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Should I tell student loans I'm going to live abroad for 2 years?
Hi all I'm new to this site so hopefully this works ok I recently got the opportunity to go and work abroad for 2 years teaching. I love my job and I'm excited to be able to go out and explore the world whilst saving money to come back here and buy a house. My worry is that there is mixed messages about what I should do…
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Loan approved in principle
Hi there, just looking a bit of advice. I have been approved in principle by Tesco, all they required was 1 month bank statement. I received the paperwork with the apr (5.1% not 3.6% advertised), ive signed and returned it. This is the first time this has ever happended to me. I have never had a late payment of default on…
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To save and pay off or refinance and pay more monthly
Hi I have a loan at the moment, £22k or so, I have a very low interest rate (think it's about 6%), the term is for 7 years and the repayments are £375 a month. I have just got a new job and will be able to save around £700 a month (if I don't spend it!). I really want the loan gone and soon so that I can be free of it. I…
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3 Loans + Counting
Hi, I'm new to the site and need some help/advice basically! I was living debt free last year up until March 2014 and since then I have lost control of my spending (I bought a house). I kept spending on my Barclaycard buying stuff for the house/clothes and then I took out a loan at a cheaper interest rate to pay off the…
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Loan early repayment advice - disagreement over interest due
Hi, I have been struggling with this today, i dont know if im right or wrong, im just following what is logical to myself and as a few hundred quid is at stake i thought it best to try and work out where i stand before moving on in any direction. Here is my pre-written breakdown of the situation , of course any advice so i…
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Equity Release tricks...
Hi, My nan has just died and she handed over 40% of her property to an equity release firm. It would appear to be property reversion scheme - but I still need to work my way through all the paperwork to confirm that. Putting that to one side, I'm writing to find out about the sale: Will the equity release firm also pay for…
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Take out a loan or use my own money?
Maybe sounds like a crazy question? I am just about to buy myself a fairly high priced (18K) used Audi and here is my quandary. Based on a 10K loan as an example:- 1) I can use my own money which is currently making me 3% in a Santander 123 account but would Loose me £1140 in interest after tax over 5 years (Providing…
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Loan/hire purchase/pcp
Hi We are looking to buy a family car and have looked and found a couple my partner likes and feels comfortable in/driving as she will be driving it 95% of the time now the only thing that confuses me is if we bought the car through the dealer they have offer 2 options A hire purchase or pcp can somebody please explain the…
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Cheaper Loan Rates
So I have a personal loan with quite a high interest rate through my bank. I wondered whether I should see if I can get a loan at one of the much cheaper rates to pay off my current loan, so at least I'm paying it back quicker or more cheaply? I just wondered if there was any opinion on doing this or if anyone had done it…
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Co-Operative Bank Loan problem
Hi all, I am completely new to this site and looking for some advice on a loan account I have with Co-Op Bank. I took out a £13000 loan in 2011 and I have never missed a payment on the loan and all was fine until I received a letter on May 27th telling me that they had made errors in the statements that they had sent me.…
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Wage Day Advance - Minimum 21 Days interest!?
I applied with WDA last night after being redirected to them from one of these brokers. Never expected to get it, but went for £250. Had £100 approved with Lending Stream, and this afternoon WDA approved my £250. I'm paying the bulk of the £100 back tonight as I don't want to be charged 0.8% per day on 2 loans! Then…
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George Banco loans
Hi I applied for a loan using ratesetter.com after checking with the loan eligibility tool. Unfortunately i wasn't accepted but the good thing it didn't leave a footprint on my credit file. In the email they referred me to George Banco has anyone used this company? Thank you
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Lending Stream - Report to CRAs
Will Lending Stream report to CRAs? And will it appear as a payday loan? It's a 6 month loan contract as that's what they seemed to default to on affordability (!!!). I'll repay it on payday (31st) - I'm hoping it will at least appear on my credit file as a fully satisfied agreement? If I'm lucky without the PDL flag, but…
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Are fees reimbursed when withdrawing from car finance agreement?
I'm looking at purchasing a used car from a dealer and would prefer to pay cash but was wondering if I may get a better up front price if it was bought through their finance (HP/PCP). One salesman has told me that they are not allowed to offer a lower price for finance as opposed to cash, but wondered how true this is in…
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Loan monthly payment from someone else's account
Would the bank allow to change the direct debit account on the loan? Friend of mine has a personal loan with Barclays, 3 years left on the loan. He is moving abroad and asked me to pay his loan through direct debit. Is it possible? I owe him money and I can pay him off this way. Trust is not an issue here.
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Business/Personal loan
I am trying to get a loan to buy a new car for my driving school business. Does anybody know if I can get a personal loan for this purpose, as a business loan is so much more expensive. My bank has quoted me 19% APR for a business loan, same bank quoted me 3.9% APR for a personal loan!!
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Desperate for small short term loan
Good afternoon, Apologies in advance for the length of this. But I am really hoping somebody will be able to give me an idea of where I can go for a short term loan. I appreciate that it is a really long shot but thought it must be worth a try. To cut a long story short, I am in a lot of financial difficulty and have…
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Completely out of my depth - payday loans
Hi all, I am new to the site, and hoping for some advice to turn my life around. Situation is this... I got myself into a bit of a mess with payday loans - then last year I got to the point where I'd borrowed more than I could afford to repay. I brought the subject up with my parents, and they helped me out by getting a…
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advice about loan
Hiya, I'm needing a very small loan of £10-£20 Does anybody know any loan companies that do that? I dont have the best credit rating I have had money stolen from my home by family member and it was for baby milk and nappies thanks
