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Gambling with payday loans
Hello, I’m 18 years old and lost all my money through gambling, I stupidly started taking payday loans out to try and win back what I lost but now I’m in about £1500 debt. The worst part is I lied about having a job to get these loans because I kept telling myself I’m going to win the money back and pay them off, I think…
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Mini Credit/Kapama Limited old loan issues!
Hi all So back in 2011 when I was in my late teens, struggling for cash and stupid I got a quick payday loan from mini credit for £200. Basically from what I can remember the repayment date was set up a couple of days early, it bounced and they then began adding charges daily and with every payment attempt... I contacted…
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CCJ that isn’t mine..
Hello, so, I’m currently looking to move house but I didn’t pass the credit check. I checked my file and noticed I had a CCJ for a catalogue that I never had. After doing some digging I found out that my Mother had got the catalogue out in my name because she wasn’t approved. She Used ‘Mrs’ as my title and I think at the…
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Loan help
Hello, looking to apply for a personal loan, however, I am a carer for my mum and this is my only involve as my husband has a well paid job. When applying do i include his money too on income? He gives me a set amount each week Thanks :)
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Car loan help please
Hello, I want to buy a new car. But I currently have a car that I bought with a personal loan. I got my current car valued for a trade in and it worked out to be the same amount I still have outstanding on my loan. So the plan is to sell my current car, pay off the loan and then get a new loan for the new car. But what…
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Loan to buy property abroad
Hello Just about to take a loan to buy an apartment abroad. The bank gives me with good APR 3% as I am satisfied. But they say that I can not buy property with this loan. But I can spend money wherever I want. Can they track them down or else I'll spend money? For example: I am borrowing money for holidays but i will buy…
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PCP Help
Hi, 3 years ago we bought a new Nissan Qashqai on a PCP deal. It's a great car, which we put £8K down on, with monthly payments of £149. The deal is now finishing and we went to the Garage last week; we don't have any more deposit to put down to speak of, and the rather disinterested salesman advised that to either…
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Payday loan refund
Hi all. Long time reader just joined. Following advice on here I applied for a refund from a main payday lender under irresponsible lending. Here's what they sent/offered me: would like to offer the following: • ! A refund of all interest and charges paid in respect of the above loan, totalling £2845.67 (you borrowed…
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Rate Setter Loan - Apply Elsewhere?
Hi All I have this weekend been approved for a £15k loan from RateSetter, at a interest rate of 12% ish. I am looking to use the money to consolidate credit card debt as a lot of the interest free balance transfer rates are soon coming to a close, before they shoot up to around 25% APR. Question is, at 12%, this is pretty…
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Is debt consolidation a smart idea if moving abroad? Please help.
Hi everyone! I just made this account in order to ask this, I hope this is the right place and sorry if there's an answer elsewhere in the forum, I couldn't find anything with the same situation. Please do bear with me, as this might get a little long... The debt I have is actually due to my parents. They're really bad…
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Loan Letter Signature Legal Question
Something someone may know answer to. From literature received on letter for loans, applications or authorised, say if the signature and name of the person on the letter wasn't actually employed anymore by that institution. Can imagine a number of businesses have automated processes where letters are distributed with the…
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Ikano bank loan rate dispute
15 months ago I took out a £15,000 loan with Ikano. I distinctly remember the rate was 3.0% and this was the reason I took it out. I don’t remember getting any paperwork from them at the time but I have been making repayments every month. 2 weeks ago I got my 12 month annual statement 3 months late and when I look at the…
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Early Settlement Confusion
Hi everyone, I'm sorry if this is a bit long and muddled, and "eye crossing", this kind of thing is not my forte. I've had loans before, but I've never been in the position to repay them early, so this is somewhat uncharted territory to me. I figured I'd be best to seek some advice to find out if I'm barking up the wrong…
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Debt Collectors Coming After Person Who No Longer Lives Here
I’ve lived in the property 18 months now; previous tenant (AB) moved out before then. AB still receives some post, including from bank at my address. Recently, AB received a chasing letter from a debt collector. I don’t see how AB will get this letter since there is no forwarding address and AB doesn’t collect mail. So, I…
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Payday Early Settlement
Hi I took out a payday loan on 26th Feb for £250. 1st payment on 16th April. I want to settle early and the figure is £344. Is this correct to charge such a high amount?
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Loan companies for poor credit rating
Can anyone recommend loan companies for poor credit rating? We have had a difficult couple of years and as a result have a poor credit rating. However, now our financial situation is improving as we have gained employment and have a steady income with money spare each month. We need a newer reliable vehicle for commuting…
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Parent to child loan
OK, I know a lot here advocate NEVER loaning to family but please hear me out! I am in the middle of a divorce. We are both very amicable and have agreed upon split of assets since before we were even separated. We are currently having this drafted into a consent order We have just sold the FMH which completes next week.…
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58 Days Additional Interest
Having just repaid a loan in full to Kia Finance I have just been told that legally I can be charged an additional 58 days interest beyond the date I repaid the loan! That is paying 58 days future interest on a sum that has already been repaid. Apparently every loan company is ‘entitled’ to charge customers this even…
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Not taking an offered loan
Hello Can anyone advise is my credit rating/score will be affected if I choose not to take up a loan that has been offered to me/ Essentially I applied for a loan, was approved but now things have changed and I don't need the money. I haven't signed the offer/acceptance paperwork yet so still have the 14 day cooling off…
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Finance advice
Hello! Two weeks ago I went into a store and found a product I liked. I applied in branch for finance to purchase the product and they took limited details just to run a credit check. The credit was confirmed the next day through email with a pre-contract attached (from the finance agency). The pre-contract included a…
