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6 year time limit
Hi All, The 6 year time limit for complaints of unaffordable lending etc, is that from the date the loan was taken out or paid off? And likewise credit cards? Thanks
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Extending Current Loan
Hi I got a loan fomr my bank (santander) for £3000 over 4 years in feb this year, i had to pay for some unexpected things (funeral etc.) and was accepted fine. I also have an overdraft of £1300 on my account, which i really want to cancel. Anyway - i was stupid and didnt realise that my loan has an apr of 21%, and if i had…
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Wonga payday loan refund
I myself was young and stupid at 18 and got into these payday loans such as wonga in 2010,i was consistantly borrowing and the money just got higher and higher to pay back and eventually in 2011 i couldnt make payment on my account so i ended up defaulting and my credit history was awful for the next 7 years ,i see they…
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Interest free loans - Regulated or not
In the fortunate position to be able to borrow money from family interest free to repay my mortgage. Getting a loan agreement for repayment over 15 years drawn up but it's really unclear whether it's regulated by CCA or not. Any experts out there? TIA
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How to Improve Loan Affordability Score?
Hi Everybody, I'm hoping somebody can help me here as I seem to have made an error in my judgement about how lenders judge applicants, having just joined the Credit Club. For a number of years now I having been planning to apply for a large loan - £23K over 7 years at around £300 per month. As a result I have consistently…
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Loan in Lloyds
Hello everyone, This month I would like to apply for a Loan with lloyds, I've checked my credit score on experian, noodle, Equifax and it constantly varies from fair to good. I've been trying to build my credit history for the past few months. No late payments, credit card payed of fully every month and I've been with them…
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Loan vs Credit card
Hello all Just wondering what others might do here. I owe £6500 on a credit card at 18.8% paying just the minimum at the moment that's £156, I'm thinking of applying for a loan of £7500 with an APR of 9.9%, to pay the credit card off. The loan would be for 5 years with monthly payments of £157.43. I just want to make sure…
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How do I improve that home?
Hey guys, If possible, I need a guesstimate of my chances to get approved for a home improvement loan. Salary: £45K Credit score: 972 Debt: £10K (government student loan being paid into eternity); £10K outstanding on a loan with Metro Bank (will be paid off within 2 years) I am looking for a home improvement loan. I would…
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credit score - pointless
Hi all, I moved from France to the UK 2years ago and plan to buy a house in a couple of years with my girlfriend. I'm fortunate enough to not need any credit card and without debts, and my financial state is good. However I heard about the credit score thing and I'm a bit confused as: - I didnt have any student loan in…
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Personal loan for business
I am currently in full time employment but looking to go self employed and buy into a franchise. I require a loan of £14,000 to fund the buy in but would rather get a personal loan as opposed to going down the business loan route, can anybody advise on whether this is possible? Thanks
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Student Loan Repayment
I live overseas and I just got a letter from the student loan company saying that my repayments are going up from £124 a month to £199 per month. As usual, I recently sent them the details of my earnings, and they sent a letter back saying that my new payment is £199 a month. Absolutely nothing about my circumstances has…
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Loan Offer - Should I accept it?
I have applied for a loan. The automated credit check was a positive outcome. I was presented an offer on-screen but I have until Tuesday to accept it. CREDIT AMOUNT: £700 INTEREST RATE: 20% EAR "Goodwill Base Rate" (increase of 10% EAR per default, applied a maximum of once per 3 months.) LOAN SECURITY: Unsecured Loan…
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Getting Out Of Pcp
I currently have a car on PCP which us costing me £286 a month. I have recently changed job (around 3 months ago) and I now work away from home and have a work van so the car doesn't move Monday-Friday and does around 10 miles at the weekend. I'm basically paying alot of money for a car which doesn't get used. The car is…
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Using Student Loan to pay off credit card
Hi guys. My first post so please be gentle. I have £10,000 in credit card debt, 1 has £8,000 (with the 0% offer coming to an end soon) and 1 has £2,000. I am just getting to the end of university and haven't needed a student loan because my work funded me. I randomly looked into a student loan and I am eligible for…
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Loan Harassment
Asking on behalf of a family member. They had an agreement with an in law to pay for a product in installments as a gift for the other half. since the agreement, other half had an affair and left, meaning my family member didn't want to pay for the gift anymore. Obviously they cant just do this but here is where it gets…
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Mystical Headline Rates - £22k Loan
Ow Do, I am looking for a 22k loan and have excellent credit scores (MSE Credit Club = 999, Noodle = 651, Clearscore = 561). Utilities aside, my only outgoing is £340ish/month mortgage, from a takehome of well over £2100. I assumed, I would be good to go.... So basically here is how my day has gone. * Went to bank, offered…
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Startup Loans
Hi, waiting to receive a loan from the Startup Loans Company - They've just done a credit check and I've passed :-) and now I need to provide a ton of biz documents. Just wanted to know - 1. Is it likely they will do another check? - They've said no but wondering if there are further bank uk checks etc or some other checks…
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AA loan experience
Hi just looking to find out from anyone who has recently had a loan with AA recently how quick it was processed. Applied Monday online said accepted and signed electronically online. Email says congratulations you’ve signed your loan agreement electronically and Subject to final checks your money should be with you soon.…
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joint or single application
Looking for advice we are hoping to get a personal loan for around £11,000 for essential home improvements i have an excellent credit rating with both experian and equifax my parners is average to good on both, would i be best submitting a single application or should we go for a joint application? It's for a house that i…
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Charging Orders From Late Husband
Hi, I hope someone can help me. 5 years ago my husband passed away after an unexpected and short illness. I am now considering selling our home to move into another property and have found out that there are some charges against the property. The first charge is from Progressive Finance and is in the amount of £27,000 !!…
