We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Loans

Archives for April 2018

Declined -why?
My Experian credit rating is 999. I tried the eligibility calculator and one of the results said 95% chance, a further two were 90%. Declined for the first 2, have to wait to hear about the 3rd one. Any idea why? I’m a housing association tenant, is that it? A widow. Loan is £5000 over 5 years, salary about £26k
Personal loan before applying for a mortgage
Hey Guys, In the next few weeks my HP agreement is over with my current car and I could really use a new one. I'm thinking of applying for a £10k personal load to buy a new car as the interest rates are better then HP. But, in the next 9 or 10 months I will be applying for.my first mortgage and wonder if having this loan…
Increasing private pension to lower student loan repayments?
Hello all, Forgive me if this is in the wrong place, but I'm new. I basically have a student loan that I pay back through PAYE weekly from deductions from my earnings. As we do a lot of overtime my payments each week jump from around £7 (base) to approximately £40/week The amount I have outstanding on my student loan means…
Bought Used Car on Hire Purchase, but need to change address
Hello. So, convolutedly the short version of my circumstances are as follows; I just bought a used car today on the Hire Purchase plan, all the finance went through okay, and I got the complimentary insurance and stuff to drive the car home. The issue stems from the fact that I currently live at an address of a house I…
Best APR one can hope for - living with parents
So, having recently decided it’s time to sort my life out and get on the property ladder, i’ve been putting aside £1500 a month and it’s mounting up nicely (albeit slower than i’d like :( ) Part of the sorting process, i was in a horrible negative equity PCP deal on an expensive audi, it was costing me a fortune to run,…
Over £150,000 equity but can’t get a loan because of bad credit
I had a workplace accident a few years ago which meant I couldn’t work for a couple of years. We had a 12 month arrangement with our mortgage lender for reduced payments, we also entered into arrangements with a credit card and loan company for a freeze on the accounts and a fixed monthly payment. Clearly this all had a…
Natwest loan Apr advice
Good morning, An update regarding my recent post and advice please. Basically signed for a loan at an Apr of 3.4% and it landed into our account last night. Double checked this morning with them the first payment date which should be the 16th of each month and confirm the payment start date. I was shocked to hear the dd…
PCP Rate changed 2 days after contract start
Hi, wondering if anyone can help with a query I have regarding a motorcycle PCP deal I just took out, where 2 days after the purchase of the vehicle, the manufacturer announced a reduced finance deal which I could have got if I'd bought 2 days later. The terms of the finance contract have a 14 day cancellation period,…
Applying for a Personal Loan?
We are looking to apply for a loan to part fund a car, Hitatchi personal finance are coming out best rates wise. I have 2 questions 1) Can anyone comment on what Hitatchi are like are a company? 2) We’ve just remortgaged in the last month so there a credit search for that on my husbands credit file, will that have a…
i-loan solutions
Hello, So not sure if this is a scam or not, had a call from a company called i-loan solutions today who said they got my details from a broker and they were a direct lender, they had a 6000 pound loan ready to pay out. Asked me my bank details and I obviously didnt give them so did some digging and asked some questions.…
Which loan companies dont use experian?
I dont have any adverse credit with them. But there is a notice of corrections on there from 3 years ago by mistake. They are taking it off but told me it will take a month. Id like to apply for a loan but dont want it to refer and have to wait a week. This is not on any other agency. Thanks
Personal Loan for a foreign citizen
I have used the loan eligibility feature in the credit club and it says that I have some 95% and 90% chances of getting a personal loan - so that is encouraging. However, my wife and I are both Australian nationals living in the UK on temporary visas. (We have been here for about 6 years). Will our nationality and…
early settlement dispute help wanted!
i took out a loan in june from everyday loans for £5000. interest rate 53.9% apr 69.4%. ive made 9 monthly payments of £254.01 and paid a lump sum of £5111.99 which they gave me as the settlement figure meaning I've paid £7398.08. i just wanted to check whether this is correct? the figure i got using early settlement…
Payday loan advice
I'm sorry if this is in the wrong place. It's a little bit long winded but here I go. We moved into our house in October 2016. The house was rented before we moved in and the tenants moved out in August 2016. Since then we have received lots of mail for them, the main one being from a payday loan company. Normally I put…
To early repayment or not - Sainsburys Loan
Hi, Looking for advice on whether to clear my Sainsbury's Loan with an early repayment or to hold the funds and repay using standard monthly payments over time.. Early repayment price: £2467.98 Overall remaining payments: £2424.15 with 15 months remaining Diff : -£43.83 Just wondering which would be better for credit etc.…
Natwest loan
Hi. We applied for a joint loan for home for home improvements from natwest. We had all the documentation stating Apr etc which was all good and we signed it and sent it back to get it. Had an email Friday asking for additional documents, which was 3 months pay slips which was not a problem a say what we was doing with the…
Mis-sold loan
My partner was paying two seperate loans which came to a total of £3,000 borrowed. He called the bank to see if they could put two loans together do that he would be paying one amount once a month rather than one at the start and one at the end of each month. After repaying for years and realising he wasn't getting…
0% Card to pay off loan remainder
Hi all, I took out a loan for £3,500.00 ( 6.7%) over 60 months via Zopa to partly pay for a new car in September 2016. At present I still have £2,885 owing. I would ideally like some help in regards to using one of the Money Transfer cards mentioned on here as I do not fully understand how this whole process works but…
Secured Loan on a Rented Property
Hello, New to this but looking for advice on a secured loan. I own a flat (currently using as holiday home) with no mortgage and am looking to get a secured loan (as large as possible) against the property, I will rent it out to a permenant tenant in order to make the loan payments which I realise I will need to do prior…
Loans for international study
Hi! This is my first post and i hoping you that you might be able to help me find a loan that could honestly change my life. I am a 33 year old teacher that is (attempting to) return to studying and complete a Masters degree in New York. Its super expensive ($76,000) but I managed to get a partial scholarship and I am…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

Loans

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Loans

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free