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Crippling Nemo Loan desperate for help
Hi all, my wife and I stupidly took some advice from a financial consultant 8 years ago to help consolidate our credit card debts in to one easily manageable loan. Which was fine and we got the paperwork and it all sounded ok. It was a secured loan with Nemo personal finance. How sick do we feel now? We borrowed £35k and…
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I want to be mortgage free when I move house
Hi, I am moving house (due to a relationship break up). I will be £4,500 short of being debt free for the house I am buying. What is the best way to borrow that amount of money? Would I be better off putting it on a credit card and then transferring the balance to a 0% credit card? Or would a loan be a better option
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Gurantor & Help!!
Hello, I have a loan which I make payments on each month. I haven’t missed any payments so far. I have found out that my gurantor is filing for Bankruptcy. Will that cause me any issues? If they are the gurantor for the loan does that mean I can simply stop paying and the debt would be wrote off? Am I still liable to keep…
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Open study college
Hi, Apologies in advance if this is in the wrong subject area to be posting in but I hope you can help me. This year in June, I attempted to enrol with Open Study College to study Animal Care Level 2 via online. I had attempted to set up a payment plan with a high deposit online to be rejected of which I thought i'll leave…
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Loan while on pension advice
Hi all, Just wanting some advice.. My mam got a new kitchen through Barclays loans when a man from Kitchenplusltd were doing door to door sales. She is a homeowner with no mortgage so agreed to go ahead as the kitchen needed fixing and unfortunately didnt ask for advice. The kitchen plus massive interest was 11k and…
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Erudio Student Loans settlement offer.
Dear MSEers, My partner received an interesting letter in the post yesterday. It was from Erudio regarding his currently deferred account. He has yet to make any payments on his university loan as he has never received a salary high enough to go over the threshold. However, the letter state that they would 'like to offer…
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Help! Ikano Bank Debt Collection
Hi, Looking for help please. In August 2015 myself and my wife took out an interest free finance agreement through Ikano Bank. The agreement was for 30 equal instalments commencing on 13th October 2015 and paid by direct debit. It was at this time that we were moving house and we wrote to all our creditors (including…
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Re mortgaging and loan
Hi I am remortgaging on my current home which is due to complete in November. I would like to take out a loan to remove him credit card debt ASAP. I have had the mortgage offer and it’s currently with the solicitor. Would it harm the mortgage completing if I apply for the loan. I asked the bank who just said they would…
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House repossessed
In Oct 2013 i was made redundant and struggled with my Mortgage payments, and fell into arrears, i informed the lender who sent an advisor to my house who discussed my situation, I told her that i was startinfg a new role in the next 8 weeks and also as i was coming up to 55 i would be able to draw down from my private…
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HP Finance Paying early
Im looking at buying a car for £3495. I can take a HP fiance with £250 upfront for £109.04 a month and over a 37 months term. There is a 19.2% APR with a total amount of £4294.48. If i paid 5 months of £109.04 how much would i probably have to pay to pay off the finance fully in the sixth month ?
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dormant credit agreement
Dear forum, My first post here so hello to the good folks of this forum. I'd appreciate any advice. As a student in the period 2012 - 2015, I applied for a student loan. I have a copy of the credit agreement signed and dated May 2012. From my recollection (can't find letter, and it was some time ago), the application was…
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Advice Needed - Take out loan or go for multiple credit cards to raise 40K to buy back home
Hi all, Any advice would be very much appreciated - my situation is complicated, and here's a potted history. I am British but have lived in Ireland for many years. In 2005 I bought a house in Ireland, on 1.6 acres of land. In the crash of 2008, my finances and work went belly up, and after a long, drawn out battle with…
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Have I committed fraud?
Hi all first time posting as I can't find anything that matches what is happening to me. In the process of setting up a DMP and most creditors have accepted however admiral loans phoned yesterday to query my budget. Basically I have said on my budget I pay 200 a month rent however admiral have me down as a homeowner with a…
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Medical Loan - advice please :)
Hi there, I’m a frequent visitor of MSE, but this is my first time posting on the forum :wave: I’d be really grateful for any advice on medical loans and the best available options. My treatment total is £4580. I have paid £500 cash deposit, leaving the outstanding balance at £4080. I have been offered a finance payment…
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Graduate Loan
Hi, I took out a graduate loan as advised by Lloyds a couple of years ago now got £7,500. It's going okay and I pay back £167 a month. However I notice that the interest charge every month is always between £55 and £65 roughly. Should I think about doing a money transfer from a 0% card? I can close the loan if I have…
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Satsuma loan repayment - letter to be sent
Hi guys, just a quick question, I took out a loan with Satsuma, have repaid in full today however they said a early settlement quote will be sent to my home address which isn’t great because don’t want my parents seeing ive taken a loan out. Question is will Satsuma’s envelope have their logo / detail on it or will it be a…
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Amigo Loan Guarantors - Taking your sister to court
Hoping someone, anyone can provide me with any advice (for a saga which to us has felt like an episode of EastEnders) Couple of year back my sister-in-law and then partner got into some serious financial bother. She had collected thousands of pounds from families by operating for ‘Park’ and the park voucher scheme…
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Very catalogue - didn’t know where to post!!
Before anyone tells me I’m an idiot, I know already so please spare me that, I’m mad at myself for being so stupid! thanks for reading if you get through it all! I had a baby and moved into a flat with my boyfriend and we had absolutely nothing, so I literally had to buy everything, white goods and furniture etc. I was…
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dealing with debt collectors advice needed
Hello. As per my other posts I am looking for advice. To cut a long story short I owe 22k in unsecured debt. I'm homeless I have two kids who live with there Mother but I have 3 nights a week where I stay at a family members the other 4 nights I sleep in my car. I have a partime job which is earn 800 per month I have done…
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Zuto and Moneybarn
I have went through Zuto to get car loan HP, and was told that the only company that would do the loan was Moneybarn, Which I did except as true I have kept up with the payments as I need a car to get to work, I recently was told by a friend who worked at companies similar that they would get bigger bonus from the…
