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Student loan repayment query
Hi. I took out a student loan in 1992 and have just finally started earning enough to have to repay it (been deferring for 23years!!!). Will I have now pay the whole amount off even though this will extend the period of the loan over 25 years or will I just have to pay for the remaining two years then any remaining debt…
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Better with or w/o partner?
Hello. My fiancee and I want to apply for a loan of £6000. My credit record is very good but my fiancee suspected that hers was not so good after more than one missed payment on a credit card (a couple of hundred pounds on it so she's annoyed that she missed the small payments). She earns +£26,000, I earn £21,000. We have…
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Claimant won't give payment info
Hi, I went to small claims court last week and the judge ruled that I must pay the claimant £2725. This is all fine and I have the money ready to send over. I don't want a CCJ so want to pay within the 14 day period. However, I have contacted the claimant by text (definitely correct number) and his wife by text (also…
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Secured loan and LTV on mortgage
Hopefully some experts here can help with explaining something I can find little info on! I am looking at potentially getting a secured loan. If I do this then when I come to doing my mortgage when the fixed rate is up will it be taken into account on the LTV of the house?
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24K Loan
Hello We wanted to re mortgage our house for an extra 24K to do home improvements. We have a Right to Buy mortgage but turns out Halifax wont release the money until work is 100% completed and signed off by them (a condition of a RTB mortgage) no builder will take on the job as they want paying on the job. We had an…
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Over payments HSBC Personal loan
Firstly my partner has a Halifax personal loan and each time she makes an overpayment she get a letter confirming the amount of interest saved and how much the term has been reduced by. Her online Halifax account shows the amount drawn down, the interest is added monthly, which alters with each overpayment made, along with…
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Car Settlement paid against wrong account
Hi all, I have been helping my brother out this week with a bit of an issue he has had with Barclays Partner Finance (BPF). Back in 2010 he had car finance with them which he duly settled in 2012. Arnold Clark issued a cheque for the residual balance of the finance to which BPF credited it against someone else's account.…
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Can I hand back equipment which is on lease purchase?
HI we took out a lease purchase agreement 18 months ago for a commercial oven for our business, however the business has now closed and we are stuck paying for an oven we will never use. Resale value is no where near what we still owe. Can we simply hand the equipment back like you can with a vehicle on a voluntary…
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Zopa Loan - Accepted?
Wondering if someone can advise here. I applied for a Zopa loan on Friday after the MSE tool ranked it the most likely to be accepted. I've read Zopa can be quite strict with who they approve so I wasn't surprised when the loan wasn't approved on the spot, instead going for review and being told I'd hear from them within…
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£20000 loan
Hi, I need to borrow around £20000 for an extension. We moved in to the house around 9 months ago and had a 20% deposit. Both are credit history's are good but we have no savings. I earn around £28k a year but theres lots of overtime to go on top of that. Whats the best way to raise the money??? I was thinking a bank loan…
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Loan repayment query
I took out a loan at my bank, RBS, about a year ago. I pay £500 a month for 7 years for £25,000. I've been accepted for a much lower interest rate at another provider. I've asked RBS for a settlement figure. They say £23800 My outstanding debt is £22800 I've paid £6000 in the last year I calculate that the interest on my…
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Student Loan Repayment ?
Hi I am a nurse and I work 27 hours a week. My salary varies each month depending on how many nights and weekends I work. I've noticed that my automatic student loan repayment seems to be worked out on a month by month basis. My salary on my P60 last year was just under 19000. I should have paid about £177 off of my SL…
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Car Allowances and Bad Credit
I recently was given a $1500.00 a month car allowance. I have bad credit and right now the perfect situation is to use my current car a 2005 has a lot of miles and my boss says since I take out customers, I need a reliable car. I'm embarrassed to tell him that I used to work in the oil industry and was out of work for 8…
