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Lending some money to an acquitance
Hi there, I hope you can provide genuine opinions on this matter. I've an aquitaince, colleague of mine, who is in need of some money. By principle I never ever lent money to anybody, but I know his story and willing to help. What should i do to protect myself and ensure that at a certain point I'll be returned the credit?…
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Loans
Hi just wanted a bit of advice really. I currently have quite a few loans and not the best credit rating. I would like to consolidate all of my debt and pay one monthly amount per month however with my credit rating not being the best the bank can’t offer me a great interest rate (not even sure if I am eligible) and I have…
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NRAM Unsecured loan
I have recently just sold my property, but due to the housing market at the moment the sale value only covered the secure part of the mortgage. It left the unsecure part as a 'loan'. As it stands I have £13k to pay back but over a 16 year period at 12.54%. Paying back £158 per month. I would like to move this to another…
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Can anyone help a mate? Financially struggling with his £4,000 Credit Union Loan?
Hello Can anyone give any advice for a mate. He's in his 50's, is working 4 days a week and gets £813 a month (take home pay) He's a loan with Credit Union approx 4 years and struggling to pay it. Balance now is £4,000. He doesn't own his property and converted a garage at his brother's house into a little flat for him.…
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Short term loans
Where can you get a short term loan of £15 for 2 weeks.
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V12 Finance - Is This Legal?
Hi, In September 2015 I made an agreement to pay for goods from a musical retailer via a 10% deposit of £64.90, and nine monthly installments of £64.90 at 0% via V12 finance. The agreement was signed on 21/09/2015 when I collected the item purchase, and the deposit was debited from my account at that time, followed within…
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Car Finance - Car Taken
Hi all, My wife and I had a car on finance. We had a few late payments over the last year or so and were owing two months when they sent someone to take the car back. We offered to pay three months in advance to get the car back (as we then had the money) but they would't accept this. The finance company now want us to…
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Turnover, gross profit or net profit for loan application?
When applying for a loan, obviously you need to enter your income. As a self employed person I have three figures: Turn over, Gross Profit, Net Profit. Which should I use? The loan company want to see an SA302 which is essentially a tax return which only shows my net profit, yet gross profit more accurately reflects my…
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Paying off Amigo loan
Good afternoon My partner has a loan with Amigo, he's just called them to find out the remaining balance which is just shy of £1800. He currently pays £123 a month and I saw on a recent statement about £80 of that is interest. What is the best way to pay it off? We don't have the money in the bank so would mean getting…
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Moneybarn - finance question
Hi there, We are due to pick up a van this weekend, the finance has been secured through Moneybarn and we are now aware the garage has received the money. Our sitution has changed and we no longer want to use the finance through Moneybarn so I'm just looking for advice on where to go from here and what to expect. I am…
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options for unaffordable car finance
I am one on the into a 3 year car hp finance deal. I am no longer going to be able to afford it as I am about to loose my job. It is for 36 months and the payments are 715 pcm, what are my best options of getting it off my hands with as little loss as possible ?
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Ford credit
A few years ago I got a Ford KA on HP and then just before my car was due for renewal I went to Ford who offered me my settlememt figure for my car as it was in such good condition. So a few months later with my new ford car I got a phoncecall saying I owed them money for my old KA. I disputed this and today get a call…
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PCP Finance- Replacement part needed
Hello, I recently took out a PCP finance agreement (last Thursday). Today I got a phone call saying the car needs a replacement part and shouldn't have been released to me without the part being replaced. I was not aware of this when I bought the car. Do I have any options in this situation to return the car, cancel…
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New loan dilemma?
I have a car loan at the moment and the settlement figure is £5,153.07. I've 3 years left to pay and this is working out to be £156 p/m (5.6% APR). According to the MSE loan tool, I have a 95% chance of being accepted for a better loan for the same amount and term but at 3.8%APR. This would reduce my monthly payments to…
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247MoneyBox took money from my account TWICE; still no refund
247Moneybox took £558 out of my account to cover my repayment TWICE 6 days later and i HAVE STILL TO RECEIVE MY REFUND!!!! I have asked them for a line manager or super visor to ring me, they always say they will request that, but i never get a telephone call Terrible customer service, almost verging on SCAM. I would avoid…
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Saintsbury's job advertised loan rates
Good morning Just applied for Saintsbury's bank loan and at end was accepted but unfortunately didn't get the advertised rate (even tho good credit and wage etc). Anywho, anyone know what the non advertised rate will be? Cheers
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Could I get a loan
Hi everyone I've never had a loan before and considering it to pay for a build on my parents home. Now I was thinking of maybe a 15-20k loan depending on the cost of the build. I earn 15k before tax and have a credit card which I spend about £500 max a month and pay it off in full. I use this as my general day to to day…
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Secured loan complaint
I had a secured loan against my property and I have recently sold my property. However the loan has not been repaid as the company didn't secure the loan against the property. I thought this was done automatically and have spent the excess cash on other debts to be debt free. I now have found out the secured loan is still…
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Rejected for loan with same bank on much better terms
Hi all I suspect there's nowhere I can go with this but would appreciate your thoughts... I'm 2 years into a 7 year loan with NatWest, the loan was taken with a relatively high APR. Last time I was in the branch the clerk said that they could give me a much better offer so I asked them to call back and see what could be…
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Paying off loan & mortgage
I'm looking at purchasing new build but have 9k/25k loan remaining to pay off. The development is selling fast and mostly all ready to move in within months. If I settle loan can I get mortgage within 1-2 months or I need to wait couple of months after paying off loan? My credit "score" on the big 3 are all green and above…
