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Erudio Student Loans are being odd - demanding £3k in 14 days
I have had numerous issues with Erudio, as is pretty usual with this shower regarding their distribution of paperwork. My physically abusive ex husband withheld my post for a year in 2014-15, when I left him so my account went into arrears as I couldn't defer as I didn't know it had been sold.. Eventually sorted it out via…
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Overpayments - Reduce term or monthly payment?
Hello all. I took a out a loan to consolidate all of my debt. With Tesco I can overpay without any penalty so I opted for a longer term, and plan on overpaying when I can, rather than a shorter term, which would tie me to larger monthly payments. Tesco say when I overpay I can either shorten the term or reduce monthly…
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Considering my options..?
Hello all, I'm fairly new (go easy!) so apologies if I've missed a thread although I've had a quick browse and thought id ask for some advice specific to my situation. I'm 24 and I've had a student overdraft since studying, which I completely paid off when they started charging interest around 3 months ago using all of my…
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Urgent advise needed - Loan application error
Hi, 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 and it asked if…
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Payday lenders told to offer compensation - MSE News
The financial regulator has written to payday lenders today telling them they must compensate customers who were sold unaffordable loans...Read the full story: 'Payday lenders told to offer compensation' Click reply below to discuss. If you haven’t already, join the forum to reply.
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GDPR & Loan Company
Last month I had 5 different loan companies email me to congratulate me on being passed for a loan - I emailed all of them back saying I hadn't applied for a loan and to check their details. One was good enough to call me and confirm that although my email had been used the address for the potential customer wasn't mine.…
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Barclays Partner Finance
Is anybody else following the tribunal following the "Plaxedes Chickombe" case brought against Barclays Partner Finance? It would appear as though the loans covered by this set of circumstances are rendered unenforceable. Would it therefore follow that people could simply write to BPF, site the case-law, demand termination…
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Should I take PCP for a car and pay it off within 14 days to get the benefits?
Hi, In process of purchasing a used car for roughly £11,000 from a car dealership. I don’t need a loan, but the salesperson recommended taking PCP because it offers free MOT and servicing for two years, and an additional year’s warranty . He said I can pay it off within 14 days and only have to pay the interest (which at…
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Stupid question? Am I a permanent uk resident if I have a British passport?
I've been working abroad, but will be returning to the UK soon. Can I put that I'm a permanent UK resident as I have a British Passport? My fiancee and I will be cycling through Europe to our wedding and we want to apply for a credit card so foreign currency transactions will be cheaper.
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Loans for cars
My wife and I both suddenly need new cars (the old cars have been paid off for a while but need replacing). HP and PCP interest seems far too much so I have been looking at a cheaper option. I wanted to try and get a 0% credit card but most dealers will not accept a credit card (even for part of the payment), so I have…
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Student loan - pre 1998
Hi, I have a student loan from 1997 which I haven't paid anything off of. Next year I turn 50 (in May), unfortunately for the first time ever I may be over the threshold for deferment. If I have to make a payment, will my loan still get wiped off after the one payment? thanks in advance for any helpful advice!
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Loan via split personal guarantee help
Hi all Need some advice. My company got a large loan for a kit out a few of our shops from shawbrooks bank, sadly the business failed shortly after, mainly due to a falling out of the partners (one guy stealing tools other guy pinching from the tills). The 6 directors had personal guarantees with the loan joint and…
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Short Term Loan Needed
Hi, I've recently bought a house. I have £4,000 on a 0% credit card, which i've spent about £3,850 on home improvements (carpets, radiators, doors, DIY materials ect) and i'm paying between £40-£60 per month off the balance. I have two bills outstanding, £900 for my electrician and £700 for my plumber. I need to either…
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ZOPA - interest added at the beginning?
Probably stupid question but I see that ZOPA add the interest at the beginning. If I have a 12 month loan, but repay early in say 6 months, does the interest recalculate? Or am I still liable to pay the entire amount inc interest originally calculated?
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Paying off a loan early?
Hi all I have a 3yr loan, originally £8k now down to £2.5k or thereabouts, at 3.4%. I plan to apply for a mortgage in the next year or so. I want to pay the car loan off - but will doing so adversely affect my credit history? I have no other debt, and enough savings to pay it off, but if it's better to leave it for the…
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Strange Pay Day Loan reclaiming situation
Around a year ago Sunny (The PDL Company) said I could pay of the remainder of my debt £500, for a reduced amount £170. My mum, who has authorization on the account, paid of £160 on one card, then rang back 10 minutes later to pay the remaining £10. They refused to accept the payment and said she was not authorized to do…
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Loan for house refurbishment and extension
Good morning, I would greatly appreciate your advice with regards to home refurbishment financing: whether and how we can access those offers as a home owner (not a developer). The extra funds we require are about £500K to bring the value of a £2m house to over £3m. We hope to pay it over back over 36months or more. If I…
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Help, I owe a friend money!
Good morning! A bit of friendly advice needed. Earlier this year I was lent money by a friend to cover the cost of replacing my heating. The friendship has however, deteriorated a good bit. Whilst she hasn't mentioned the money (that I am slowly repaying month by month), I would really rather pay her off and repay a 0%…
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Loans2Go Complaint ( light at the end of the tunnel)
Hi everyone, having been busy with a new job and such like I’ve finally got to the bottom of my payday loan redress pile. There’s a big one ( well actually two) left. A log book loan and a homeowner loan with loans2go :( I initially borrowed in March 2017 and between then and December 2017 had five loans in increased…
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Guarantor Loan
Hi All My brother was coerced in acting as a guarantor for a loan by his daughter, which she topped up over a period of time and now stands at £9000. She has now stopped making payments and cut off all contact with my brother and he is now being chased for the money. He is on benefits and was at the time when loan was…
