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Car loan
I really hope that someone can help... Basically a couple of years ago (2014) I brought a brand new car on a PCP plan, then stupidly a few months later I hated the car, I then got suckered in by a dealership who offered to take my car and sell me one I liked. I thought it was great, little did I know they set up a Partner…
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Getting a loan from my local credit union
I am 19 years old, I have applied for a loan from my local credit Union, I have been turned down several times from big banks due to X reasons, so I was told to go to the credit union here in Scotland, so far its going fine, application is in, ID photocopied and handed in to the office, I will hear my answer tomorrow. I am…
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Lowell - Provident Loan enquiry
Hello All, Lowell are alleging I owe £279 and some odd pence to them for a debt to Provident. This debt goes back to April 2009 and Lowell claims there was a payment made in August 2011. Now, I had never heard of Provident until Lowell contacted me last year about this. Initially I asked for proof of debt. On my last call…
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PCP - car finance
Hello, I apologise if this in on the wrong board but wondered if anyone has any experience of handing a car back when you have PCP finance on the car? I took a car on PCP in October 2014 for 4 years and ideally would like to hand it back as soon as I can. I can afford the repayments and am under the mileage associated but…
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can bank take money from my account
Hi i bank with lloyds and my husband has a loan with them he lost his job some months ago and came to agreement to reduce his payments. i pay his payment by standing order from my bank . someone has told me that they can take money from my account without my permission to pay for his debt even as the debt is not mine. i…
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Refinancing - please explain
Hi, So I recently bought a new car on the following figures - 5 year HP. Full payment - £9000 Monthly payment - £150 If for example over the 5 years, I think I would like a new car, how would I go about being able to trade this one in? and what would be the best point in doing so? and how would I do it? I am not regretting…
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Borrowing to Fund a Mortgage Deposit
Appreciate any help or advice with regards to the following..... Does anyone know of any mainstream lenders who will provide a personal loan for the purchase of a second house/flat deposit, and also any mainstream lenders who will provide a mortgage on the back of the deposit coming from a personal loan ? This is just a…
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Tesco Personal Loan - interest rate?
Hi all, I would really appreciate someone explaining something to me about my Tesco personal loan. We took a large £35,000 loan out in November last year to complete the renovation work on our house. The interest rate was a whopping 8.3% but we had little choice at that point. We took a 2 month break before starting to pay…
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Lending Credit Card to a friend
My neighbour has lent his credit cards to some " friends" to help them set up their own business. He is naive and trusting . Unfortunately they have not made the repayments and now the debt has spiralled into around £30k. my neightbour has suffered depression as a result and does not know where to turn. he has tried…
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PaydayLoansNow - when are these morons going to be banned?
I've got nothing against payday loan companies but I do have issues with slimey toerags like these guys. They are regulated by the FCA yet still manage to get away with this BS. Here's a page from their website - not a link as I don't want to advertise them. paydayloansnow.co.uk the page is:…
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14 days cooling off - all that it takes to make it responsible?
Hello everyone. In 2012 I was a student (with a student current account) working as a contractor pregnant in debt with credit cards and one existing loan in financial difficulties. The responsibility of the poor financial situation of that time is entirely mine: extremely poor money management, immaturity and being…
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Credit union a good option for a student with bad credit?
I'm a PhD student and I live on a stipend of £14k a year, which I'm paid quarterly. Many quarters, I run very low towards the end of the quarter, especially if unexpected payments come up as they tend to (e.g. I had to pay £1000 to some ex-housemates unexpectedly a couple of months ago which completely ruined my…
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Thinking about a loan to repay other debts?
Between me and my live-in life-partner (girlfriend), we have about £20k of debts across different credit cards and overdrafts. In my name, I have about £7 and the rest is in her name. Interest on the credit cards and overdraft are pretty high and while paying the minimum payments, we're not making much of a dent in the…
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First loan application in the uk...need help!
I am New to this form and I am seeking advice and which company is the best to take a 10k loan out in the UK.? I am in full-time employment and need advice, as everywhere I've checked, its high APR's!! would really appreciate some advice on this.?
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Loan Apr on soft search
Hi all, 1st post for me - coming to the end of a difficult 6years of finances. Survived with only a smallish dent and back on the mend (2 kids and childcare costs! What a killer!) Anyway, I'm after a new car - a car is a must for me due to work and other commitments so can't be without. Having done some soft quote on…
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Secured vs unsecured loan ?
Difference between secured loan vs unsecured loan in terms of rates ? Etc need something like 18k
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Ongoing issues with very old debt and 1st Credit - advice needed please
Hi all I am hoping you can provide me with some advice please regarding a 1990s debt. 25 months ago I requested a CCA from 1st credit and had a letter back to say they were looking into it. Since then all I have received are statements, no requests for payments. On the 24th February 2017 I received a letter from them…
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Early repayment question
Hi all, I really do need some advice. I've bad credit history and needed to take a high interest loan out with 118118Money, I borrowed £1000 over 24 months repaying £78.76 per month. I repayed 9 payments which is around £700. I then was in a position to pay it off as it was such a high rate. My question is, was the…
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Student Loan overpayment help!
Hey everyone I hope someone may be able to help me please. Prior to starting my second year at university, (I was doing an NHS Funded course), i decided to apply for some additional help from SLC. Whilst going through the process of applying, I was made aware by SLC that all students applying for a loan are automatically…
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Use money from ISA or Loan
I'm going to buy a new motorbike in the next few weeks, and as I've been given a good trade in on the previous, I need to pay the balance of £6000. I currently have £15k in a S&S isa, (vanguard lifestrategy 80 acc) so I have 2 options. 1) take the money out the isa 2) borrow 7k from HSBC @ 3.3% (their rate to borrow 6k is…