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Loan with Nat West - money gone missing!
I took out a loan with Nat West in 2002. It went into arrears. We remortgaged in 2004 and with some of the proceeds deposited, at Nat West's insistence, £10,000 into my Nat West current account. This was supposed to be held as security against the unpaid loan. Thanks to several successful recent PPI claims against Nat West…
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Student Loan if you die
I am thinking of going to University to re-train to become a Primary School Teacher. At the end of the three years I will have accrued debt in the region of £36,000. I will be 42 when I compete the degree and I am concerned that given my age, if I was to pass away at.. say 62 and hadn't cleared this debt - would the…
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Car Loan - To help or not to help
My girlfriend, who is on the minimum wage as a care worker, surprised me last night by saying she is about to sign up for a brand new Nissan. 48 payments each of 200 pounds and can I help her with 1900 pounds for a deposit? Her existing car looks beat up but is very reliable. She works many many hours and can probably…
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loan fraud
apologies if this is the wrong section but i'm in need of some geenral advice on loan fraud and credit card fraud, as in folk setting up loans and credit cards in my name through hacking or some other nefarious means. Tried a search on the forums and couldn't find anything. Does anyone have a good source of info on how to…
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Wage arrestment
Hope someone can help.. I have just received a wage arrestment to my work (small company I open the mail) and it's from a credit union loan years ago, the address on the paperwork is an address I have not lived at for over 3 years therefore I have never received any paperwork, letters or even court papers, I am in Scotland…
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UK Govt Overnight Loans
(This might not be the best place to ask this question, so apologies if it isn't the best place to ask) Does the British Government accept Overnight Loans from foreign finance houses and brokers and individuals ? I know that Britsh Financiers lend to foreign governments on the overnight money market: does the UK Govt…
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Partially paying off car pcp
Hi Everyone I am 6 months in to a 40 month PCP on my car. I intend to keep the car for many years now and want to make a partial payment leaving a balance of £1750. My question is, the finance company give you a choice of reducing the monthly payments or reducing the term. I'm guessing that reducing the term would reduce…
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Unsure whether to consolidate - please advise
Hello everyone, First of all, I can't believe I still remembered my username and password. It's quite a while since I've logged into MSE! Anyway, here are the facts. I currently have three debts I am paying off 1) £5727.54 loan(started at £11k)with Zopa @ 4.8% - I pay £230pm 2) £7568.74 loan(started at £12k in 07/2014)with…
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Rejected for loan
Hi I'm new to this, so wasn't sure where to post this. I just needed some advice please. Firstly I should tell you that I'm on a DMP with Stepchange- I have 2 credit cards . One of them has frozen my interest. The second one (£9700 with Halifax) refuse to freeze the interest as i can pay the minimum through the DMP. My…
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£100K loan for an extension
Hi All Hoping you can help me out with some advice. I'm looking to extend my house with a double extension on the side and a single at the rear. In total, this will cost approximately £90K. I've approached my mortgage provider but they can only offer £33K of additional borrowing. We don't have any savings, and as the…
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£15k Loan - Best Lender
Hello, I am looking for a £15k loan once our house purchase completes, in order to buy a new car, as well as a few other bits for the new house. My bank is HSBC, and they currently have an attractive rate of 3.3% over 5 years. I have previously had two personal loans with them (at higher rates than advertised, the usual…
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When can I VT my PCP deal
I'm struggling to work out the numbers on my PCP deal that I want to VT here. I've read that its 50% of the total borrowed which includes interest and fee's etc? My financed amount is 22,254 and with interest Total amount borrowed is 25,474. This would make me believe I've got to pay back 12,737? My balloon is 13,750 and…
