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Checking Student Loan Balance?
Is there any easy way to check your live student loan balance? I have somewhere in the region of £4000 left, maybe less. Is there a way to know the exact amount? I don't have a login to the student loans website - is the latest balance listed there? :beer:
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What is PAF?
I took out finance on a car back in 2013. The repayment interest (APR) was 14.1% (much higher than I was told it would be when I took it out), but on the yearly overview statement that I received after the first year, it shows PAF: 7%. I'm just wondering if anybody would know what this PAF stands for, and what it is. I…
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Paying back too much student loan - who to blame?
I've just realised, after doing some calculations, that i've been paying back my student loan as though i started university pre-2012, rather than post-2012. As such, this amounts (at the moment) to more than £50 a month too much. Over the years - it seems i may have paid back around £1,000 more than necessary. I've spoken…
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pcp loan help
In May 2015 I bought a fiat 500 on finance as my car broke and I wanted something nice for work. I put down a £300 deposit and agreed to pay £134.54 a month. In May I still had £5803.42 to pay off but I'm really beginning to hate the car and I would like to get a new one shortly. However I do not have the settlement fee to…
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Help! Calculating Amigo Daily Interest
Hi all, as the title states, I'm trying to calculate the monthly interest for an Amigo loan. Now I have googled the subject to death, looked at the pinned threads on here, but I can't seem to calculate the interest correctly. I'm always £1 to £15 pound off. My reason for this is to try and get a rough idea what the loan…
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Urgent advise needed - Loan application error
Good morning guys, I'm in a right mess and was hoping you could help me out with some advice. I recently applied for a loan for £6,000 to purchase a car. I can't remember there being a section being a home owner or tenant etc on the application. The only time something like this was mentioned was when I entered my address…
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Whoops! Made a rookie error signing my loan form....
Accidentally dated the line where the loan authoriser is supposed to write the date. That's what I get for rushing to complete it in time for last post pickup on saturday. I crossed the date out with a single line and initialled it, then signed it and dated it (in the correct spot) and posted it off. Sooooo, reckon they…
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PCP deal interest rates
Has a car salesman ever been able to tell you how the monthly payment on your shiny new car is calculated? I’d be willing to be he hasn’t; all they do is bash some numbers into a laptop, and out pops the finance quote. Certainly this has been my experience when looking to change my and my daughters cars recently. We looked…
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Loan declined
Hi Desperately need to consolidate loans as being crippled by interest, both me and hubby. Went online to do a soft search with the banks we each bank with. Both said we were likely to be accepted but when we applied my husband was turned down. I now daren't do mine as my credit score is much worse than his and I don't…
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Bmw car finance
Hi all, quick question. I’m going for BMW finance, I have a £2k deposit ready and I’m awaiting a verdict. My credit file isn’t perfect but it definitely isn’t poor, no recent issues as of the last 6-12 months. Everything on time. I done the initial application yesterday and he come back saying it was a “maybe” they want to…
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Paying off Ford credit immediately - cost?
Hi, I'm keen to buy a nearly new Ford (Focus ST estate) from our local dealer. I've struggled to get much movement on price but they did say they'd knock off £500 for taking a credit agreement (and suggested I could pay it off after the first month). They've sent a quote for this, it is with "Ford Acquire". I'm trying to…
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Personal loan after moving
Hi there, I am wondering how likely it is to be approved for a personal loan, if you have good credit score (around 92), it’s with a building society that I have been a member with for 19 yrs. My salary is £52k Biggest snag is, I will have literally just moved and taken on a mortgage. If the loan amount is more than…
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Barclays Partner Finance Rejection
Hello MSE Forum, Looking for some advice. I've been rejected for a BPF loan for some furniture from next. The loan works out as roughly 5% of my gross income. I have roughly £1200 of outstanding debt and I've never missed a payment on any credit. I bought and moved into a new build home 8 months ago. I'm trying to figure…
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Ridiculous Loan Charges
Dear MSE Forums; Looking for some advice please. I recently took out a Loan with Natwest for a sum of £13,500 at 15.9% Apr (best APR, that I could personally receive). This was on 16th of July 2018. On 16th of August 2018, I was offered by my Halifax Bank a £15,000 loan at 6.9% Apr. Cutting my total interest down by over…
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Early settlement of loan.
Hi i am a newby to this forum. I am buying a car on hire purchase from Honda finance. I have contacted the company to pay a lump sum off my loan. On a loan with a bank i was allowed to retain the payments amount and just reduce the term. Honda finance will only allow me to reduce the term and the payments. By doing this…
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Accepted for 2 loans, need help deciding which?
Changing my car and borrowing 8k. 1st loan Tesco accepted at 3% over 4 years. Documentation is on its way and they only need my signature, no supporting documentation as this loan will top up an existing Tesco loan that has a year left to run. But then I thought I would prefer the loan over 3 years insteas of 4. Rather…
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Paragon Loan
Hi, can anyone advise me. We have a secured loan with Paragon Finance and I have asked them if they could change the interest rate to a lower rate as the interest is too high compared to other loans. An I got told this was impossible because of the type of loan we have. So far we have only paid off the interest and just…
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Taking out a loan after Mortgage Completion
Myself & my partner have recently completed our purchase on a property which has been lived in by an older person and needs a considerable amount of updating. We need to take a loan out to cover the costs of the renovation, however having researched into this a lot of people are saying this could be an issue with our names…
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Pay the loan off before applying for another loan?
Hi guys, I have a question. I have a sofa on credit which is in its third (second last) year. In few months I will need to apply for a larger loan, with the same lender or others. Do you think it is better to pay off the remainder of sofa loan before applying for the large loan? Will this increase the chance or maximum…
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Mortgage application has gone to chief underwriter, should I be worried?
Hi I am a first time buyer applying for a mortgage with one of the big banks, along with my partner, through a mortgage broker. Our mortgage broker did some initial checks such as credit checks and affordability and everything came back fine. Due to our circumstance being that my partner is a Newly Qualified Teacher…
