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Clearing loan and credit card for finance
Not sure if this is the right place really, apologies if it isn't. Ok I have £4900 outstanding on a Halifax clarity loan with 16% apr. Currently I have a little over 40 monthly payments of just over £140 left. I can make additional payments at anytime with no penalties. Currently I haven't made any additional payments I…
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Faulty car on finance need to return
Hi thanks for taking your time to read this hopefully someone can give me some good advice. It's a bit of a long story but I financed an Audi A4 2.0 tdi which came with 3 months rac warranty from a second hand car garage about 250 miles from where I live (which I will never do again!!!). Since I got the car about two and a…
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Proof required for Erudio loans deferment
I have just received my application to defer my Erudio student loan. I am currently self employed, I receive working tax credits and I receive some interest every year from an ISA. I have read the "proof of income" section of the notes. Am I right in saying that I just need to provide them with my Self Assessment Tax…
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My choice home buy loan - refund of interest payments
Hi I have never posted on here and thought that this would be the best place to ask if anyone knows anything about this? I received a letter from L&Q regarding our my choice homebuy loan which we took out to help get our first home. They have said that due to an administrative error in the documentation which we have been…
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Completion fees - car finance
Hi, I bought a car from Evans Halshaw a couple of years ago and have finance with Santander. I'm nearing the end of the agreement and I'm interested in something the salesman said at the time. He indicated that if you settle the finance agreement a month early then the £150 completion fee wouldn't be chargeable as the…
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Authentication of forwarded Natwest Email required
Hi, i have been forwarded a document from a family member who borrowed money from me. This document purported to be from the Natwest bank for a approved additional borrowing application and which stated a date when funds would be released. This date has long past and i was given a excuse that the loan had been declined at…
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Citroen PCP
Help, my son took out a car from Citroen 14 months ago. He s a student and can't afford the repayments. He has tried to VT but because he is not at 50% he has to pay the difference. He is unable to get a loan or credit card to cover. Any ideas?
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Car finance advice - zopa loan?
Hi all, I just wanted to check whether or not taking a loan from zopa is the best thing to do in my situation here as their business model seems quite watertight and their website is quite user friendly. I am looking for a new car in the region of around £16k. Once I sell my current car (after getting the new one) - I am…
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Jumped the gun
I currently owe roughly £8528.76 in debt. £4300 to parents (interest free) and roughly £4228.76 to credit cards and accounts. They would've been paid off after roughly 45 months paying the £218 a month that I currently pay. I really wanted all my debt to come out as one payment (and pay back the parents asap) so I applied…
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Sainsbury 3.4% loan
After Martin's email offering the Sainsbury loan of 3.4% up to £25k I thought I'd use it to do some home improvements and possibly even pay off some of my mortgage which is at a higher rate. I've never ever been late with any bills (all direct debit), pay off my 3 credit cards each month, have paid off the largest part of…
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How to return my money
So My 'best friend' came to me and told me that he's starting a business and he wants some money and asked me if i want to be his partner i said yes and i gave him the money 2 days later i told him that i changed my mind i don't want to be a partner and that was before we did anything.. After a month i called him and asked…
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Sainsbury Loan
I appreciate this post has probably been visited before but looking for advice. My partner has applied for a Sainsbury loan and she got an approved in principle response. We will send the documents via 1st class post etc... Today she has received an email saying this has been declined from an email address ending…
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Apply online or in branch - does it make a difference?
I need a loan to consolidate some debts and my credit rating is questionable. I can't help feeling that if I apply in a branch then I stand more chance as I will be able to explain and justify my application better. Applying online seems so cold. Does it make a difference? Thanks Mark
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MSE Loan elegibilty checker
Hello, I am in the process of tidying up my credit reports and sorting out my finances in the hope of getting a mortgage next year. Out of curiosity i decided to use the loan eligibility checker to see how credit worthy i am now all my defaults have fell off my credit files. To my surprise i was given 20% and 30% as my…
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PCP, HP or Cash for New Car?
We have been looking at new cars recently and have had test drives of a couple of models, both dealers gave us similar quotes and trade in values. Both quotes were based on PCP deals. I tend to change my car quite frequently (every 2-3 years) so maybe a PCP deal is the way to go? I do like the comfort of knowing that the…
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Taking out Payday Loans while mentally impaired
Hi ... this is my first time using this site & forum so I apologise in advance for any protocol errors. Essentially, i recently took out a number of payday loans from several lenders during what I would assert was clearly a psychotic episode. I do have a mental health diagnosis which is fairly recent in terms of being…
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Professional and Career Development Loans - help!
Hi, I have a question about Professional and Career Development Loans. They are only offered by Barclays and Co-Op banks. They specifically state that the course cannot be longer than 2 years (or 3 if it includes 1 year work experience), however, the course I want to do is 3 years part-time. Will I still be eligible to…
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Need a loan for a new car
I wonder whether anybody could pos advise or give their opinion please. I need a new car for work....cannot do my job without one and mine is knackered completely. I would like a fairly new used car as i want longevity and reliability and want to spend 8,000. I am 60 next year with no private pension and this might be the…
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Overdraft question!?
Hi. I have a question about an overdraft facility and I know most will think I am completely stupid for even needing to ask the question but I'd rather strangers thought of me as stupid than the bank be hounding me for money in the future. So I opened a new Current account today with Ulster bank and was offered a £1500…
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Car Loan interest rate calc
Hi there We're in the midst of a car purchase battle between the new and used dealership for one manufacturer, and I wanted to ask peoples thoughts on how interest should be calculated over a loan term. For example, let's say that after deposit there is 10,000 left in the vehicle value. The loan would be over 4 years at 5%…
