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Does Loan affect credit
Hi, I haven't taken a loan out to date. I have good credit a full time job and have minimal repayments. Santander are offering loans at 4.9%APR representative at the moment. I am wondering is there a way to apply without tying myself to a contract to see my individual APR offered. And also how do loans affect my credit…
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Personal loan
Hi there, I have recently approved a personal loan by Barclays for a holiday purposes. The amount is £ 8000 with 5 years fixed sum loan, APR 22,9% which is £ 215.51 monthly. I just wonder if I able to use part of the money to pay my credit card debt which is £ 3500, is that allowed to do so ? Please please kindly advice.…
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Tesco loan
Hi all, currently got a tesco loan which runs out in april 2017. I've currently got 2351 left to pay and I juat rang for a settlement figure which came back at 2313.51. Obviously with the two months interest charge it doesn't knock much off so just wondering is there anyway of getting it paid back a bit quicker. I was…
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transferring car finance??
My partner brought a car at the start of this year (2016) on finance, the APR of the finance is 15.9% (which I know isn't as high as some but it's high enough) and we would like to reduce this in some way if it is possible. We own our own property which has no mortgage on it and we have never had a mortgage. We went into a…
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HSBC loan
Hello, This is my first post, so please don't get cross with me if I've got the etiquette wrong! I applied for a HSBC personal loan, and received an email today saying that it had been approved subject to a couple of final checks, and that I may have been offered a different rate to the one advertised. It also said that…
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Endowment shortfall
Hi everyone. . Looking for advice please I have an endowment policy about to end and I have a shortfall of around 13 thousand. My dilemma is how best to pay this off? Another repayment mortgage, loan, or credit card? I have an excellent credit history. .no debt to speak of (holiday flights on a 0% card of 3 thousand) and…
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Lending Stream?
I am wondering if you can help me. My brother took out 2 pay day loans with Lending Stream. The first one was for £468 and he paid that back and the second one was for £126.72. He went to the bank and told the lady to pay it through banking. She did so as a "Faster Payment". He thought great and left. On that day he rang…
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APR Loan help
Hi, I'm thinking of taking out a loan to put in a new kitchen. Looking at Tesco Bank, as there a a few benefits like overpaying etc. Their advertised rate is 3.2%. I have a car repayment and a mortgage every month. Both are reasonably small amounts. I don't owe any other money. I do have Credit cards but repay in full…
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Ratesetter - Documentation Request
I have applied for a Ratesetter loan last week, and received an email requesting a bank statement. I understand this is part of due diligence as a lender, but I was just wondering as to the main purpose behind requesting a bank statement of only 30 days? Does this request indicate that I have passed the initial credit…
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Student Loans company asking for a grant back 4 years on
I have recently just finished University where I have studied for 3 years and had a year out at work.In my first year at University my father lost his job and thus my household income was halved meaning I was entitled to a grant from the student loans company. Now almost 4 years on, I have received a call saying I wasn't…
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Loan - Please help
4 years ago my ex partner needed a loan to pay of current debts. The only way he could get the loan was for my name to be on it as my credit rating was good even though he earned more than me. From day 1 the loan had nothing to do with me, he pays it from his account. We broke up over 2 years ago, he has continued to pay…
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Everest Windows Home Improvement Loan
Putting aside whether I am wise to be considering Everest The sales guy came down to 17000 if we took finance. The APR appears to be 19.9% from what I have been advised by Everest, and the written terms and conditions appears to confirm, if we wish to pay the loan off early, we face 28 days interest (the notice period),…
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Student Loans Deferment (Before 1998)
Hi all, I've recently submitted an application to defer my student loan as my salary is just under the current threshold (pre-1998 style). I have received a letter today and it looks like my deferment has been rejected because I receive a car allowance. Surely the car allowance is classed as a benefit, because it pays for…
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Unfair ccj on personal loan
Hi everyone, just wanted a bit of help if possible... I got a loan with co-op around 10 years ago for a business venture and was what is apparent now 'mis-sold' ppi which I didn't need as was self employed. I paid the loan monthly yet around 6-8 years ago (not sure) I requested my ppi back through all the proper channels…
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Should we get a joint or single loan?
We're wanting to borrow 21k to buy a pickup for my husbands business (self employed). He has been approved for contract hire but we've decided to purchase one instead. We earn combined around 45k a year. I checked our credit reports and my husband who is self employed has 5/5 credit score and myself is 3/5 (not sure why…
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Why would my monthly interest charge increase?
I haven't had a loan before, but took one out in March with Halifax, at 5.9% APR. I have been making overpayments on top of my monthly DD. Last month my interest charge was £53.17, this month it was £53.25. I know it is only a few pence, but I thought the interest charges reduced each month as the capital balance of the…
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Debt consolidation loan
Evening all, So recently I have been exploring loans for a holiday I am about to go on for spending money. After careful consideration including other debts I owe I have decided to look at a larger loan to cover the holiday spending plus wipe my other debts. So my other debts total £2600 from a student overdraft and a…
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Best loan advice
I own my own little house worth about 105k with no mortgage or anything on it, but would like to move to a bungalow valued at 130k, so I would need a mortgage/loan of 25k, which would be the best way of borrowing this amount? I'm 64 I might add.....or would this not be possible? Thanks
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Management Company Refurbishment - Cash Call. Loan?
Hello all, I'm not sure if I'm in the right corner of MSE or not, so please redirect me if there is a more appropriate forum for this question. So myself and six other shareholders all own the management company of a building in Brighton. The building consists of six flats and a basement flat (my share in the management…
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When should I apply?
Hi, -I'm wanting a loan for £8500 for personal expenses including travel and a wedding -I'm currently a student with a clearscore credit score of 435 (alright) -I'm on the local electoral roll and have been for 1year and 9 months -I start full time employment in September -August time I'm moving in with my mother for 1…
