-
Gdpr and collection agency conduct
Hi. I have a payday loan (among others) with piggy bank which I am trying to arrange a debt management scheme. I have already told them I am in financial difficulty and trying to sort out. Today they called my work and my manager answered the phone. They asked for me and told her it was piggybank. Does that not breach…
-
Aa loans
I have recently applied for a loan with AA and had an email saying congratulations subject to final checks your money should be with you in 2 working days this was on Saturday Can you advise what the final checks are ? does that mean the funds should have been transferred today
-
Performing Arts Course Funding
I am looking for funding available for Performing Arts courses at a private college providing courses in professional Dance & Musical Theatre. The courses do not qualify as degree level so students applying for loans via Student Finance is not an option. Students study a Level 4 Diploma in Dance Teaching and the rest of…
-
Nat West closed loan
A long time ago we held a home improvement loan with Nat West and had some financial difficulties, at this time the Nat West froze our interest for a short while. We then cleared the loan off and were on the impression that was it. We have now been offered some sort of refund for their none compliance and they are trying…
-
Accept 6.1% loan rate for £15k?
I've been offered a loan by Sainsbury's at 6.1%, where the advertised representative rate was 2.8%. I understand why it happened but that seems like a big difference so my question is whether people think it's worth applying to other lenders that advertise a similar rate to see if they do a lot better than 6.1% or whether…
-
Barclays Car Loan
Hello I am thinking of buying a car for £9750. I was going to put down a 3.5k deposit and borrow 5300 @ 7.4% APR (around £190 a month) but I have seen barclays would offer me 4.3% APR pre approved if I borrow £7500 (£222 a month). My question is this seems like a much better APR so could I borrow the £7500 @ 4.3% and then…
-
Cahoot Loan - Debt Collection
Hi All, I was wondering if anyone can help me? I received a letter today from Ruthbridge, a debt collection agency telling me I owe £1600+ on a loan with Cahoot. I have never had a loan with Cahoot in my life. Is this just a scam? Should I contact them of just ignore this letter? Thanks in advance. Sarah
-
advirtised interest rates on new loan
This may have been covered elsewhere like the Nationwide deal but I have applied for a loan with Sainsbury's bank offering 2.9% and after the application on the phone I was with the understanding that I would be offered a loan at 2.9% or nothing,as the repayment figures, affordability and period of loan were discussed .…
-
Are banks legally required to provide a settlement figure in writing if requested?
I'm looking to settle a personal loan with the Clydesdale Bank. However, in order to do so, I need to provide someone with a written settlement figure from the bank. The HSBC has agreed to do so for another loan, with the figure being valid for 28 days. However, the Clydesdale have said that they don't provide settlement…
-
Ratesetter re-application
Hi all, Ratesetter seem good for loans, they do soft quotes until you actually take the money - so get declined and there's no real issue. I passed the quotation a month or so ago, but was referred for a full decision then declined. Does anyone know when you can re-apply? I've paid 5k of debt off recently so I'd expect to…
-
Lowell default help
Hi all I am fighting Lowell over an old provident loan they sent pre action form and I asked for all information to be sent they have sent me a letter stating that provident can’t find default notice but the are saying it was 22nd October 2012 the proof of last payment they have was 12 June 2012 they have given me 30 days…
-
Extra loan payment question
I've recently taken out a £5k loan with Natwest over 36 months at 6.9%. The monthly payments are £153.70 and the total interest I will pay over the three years is £533.20. I am trying to understand the terms for making extra payments. I know it's probably really simple but it's my first loan and I don't want to make any…
-
Pay off car finance?
I have about £2.8k left on an HP agreement which is due to be paid off in the summer of 2020. I am considering paying it off in the next 6 months as I feel like I'm currently in a position where I can and it would be nice to not have the £130 a month leaving my account. I appreciate it's not the most exciting of questions…
-
Best way to fund home improvements
Hi all We have accepted an offer on our property and have made an offer on another property - a 3 bed. This requires some work - initially about £10-12k of jobs that have been noted by my builder. We are in the fortunate position that we are not reliant on a mortgage as the property we are selling is owned outright. My…
-
Dividends/directors loan questions
In may this year I took £22500 in dividends, previous years profits showed around £30000 that could be withdraw. Other director and 50% shareholder took £5000 at that point. I resigned as director in July partly to focus on another co. I am joint director of, but also wasn't happy with how other director was running the…
-
118118 Changed contract agreement
Hi all, After some advice here, will try and keep it to the point. I was shown a successful Pre-approved loan on Clearscore for a loan with 118118. The loan was for £2100 over a 24 month period, I continued with the application and it took me directly to the 118118 website to just finish a few bank details etc. It clearly…
-
Barclays- IRRESPONSIBLE LENDING
:mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad: Irresponsible Lending by BARCLAYS. A loan was taken out in 2010 for the sum of £15,000.00 with a monthly repayment figure of £346.00. I believe this was irresponsibly lent by BARCLAYS for various reason. We had just taken out a Mortgage…
-
Business loan and credit card applications withdrawn after they were accepted
Hi all, So I applied for business lending and then a business credit card a few months after and I am a bit confused with how my applications were treated and not sure if this is a common thing. So the first application was for a small business loan, the application had match funding, passed affordability and passed the…
-
Cars on it way out
Hi I have a ccj (close family member took out credit in my name fraudulently and I wasn’t aware until the sherif officers appeared at the door by which time it was too late) anyway up until this I had a perfect credit record. I own my home with no mortgage abd have one credit card which is paid in full every month. I earn…
-
Secured Loan converted to unsecured
A quick question for any legal minded peoples out there. If a lender allows you to sell a property which you have an existing secured loan on, but the house is in negative equity, so they allow you to 'convert' the remaining balance to an 'unsecured' loan (as there is no longer any property for it to be secured on), are…
