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Bathroom Business
I’m hoping I can get a little help Back in 2006- 2010 I had a profitable bathroom showroom 2 employees and a couple of contractors I had invested 25k of my personal cash into the business - all went well until the recession - I had an overdraft with the Nat West and my business manager was excellent during the recession…
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51% receive headline rate?
I sometimes wonder about this oft quoted figure. I really can't see how it would work. Over what period are the figures collected? Surely, if the financial position of most applicants was very similar, it would be almost impossible to decide which received the headline rate. Is the figure checked by an outside agency at…
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Clear loan with money transfer
Please can I seek some advice? I have an M&S loan that has 48 months to run with £191 repayment per month at 6.5% pa. I have been given a credit limit increase on my credit card and an offer of a money transfer rate of 3.9% pa for 36 months which I think I should do to pay off the debt in 36 months instead of 48 months and…
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Loan v Mortgage Deposit
If I have cash in savings and I want to buy a car and a house (first time solo buyer), am I better of putting as much as possible towards the deposit of the house (i.e all my savings) and getting a loan for the car (£20k) or should I pay cash for the car and reduce my deposit towards the house .
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Not as advertised APR - try again?
Hello all. I have applied for a loan using a search comparison site and took Martin’s advice. Upon acceptance, the advertised rate of 4%(ish) turned out to be 12%, which I was disappointed at. Even though my application was accepted, I did not click on the final step and am receiving emails from the company stating…
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Refused loan for being honest
Hello I went to the bank yesterday (tsb) wanting a 16k loan over 5 years. They were a bit annoying in that you cannot apply on line or even over the phone but need to go branch and book an appointment. I told the receptionist this was stupid she agreed and said she would speak to the manager. I did see some one and they…
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Applying for a personal loan but my credit score has dropped.
Hello to the forum, I have been looking into personal loans for £7500. I registered with the mse credit club and found a 999 credit score and a 'very good' affordability score. I used the mse loan calculator to try and figure out what lenders might be the best for me and proceeded to do some soft searches. This led me to…
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Paydayloan Struggle
I have got a lot of payday loans out of serve stupidity lately and need advise on my options. They need £1,200 per month I have 522 a month disposable income. I have spoken to a financial adviser from the company GW financial, they advised I take a "Debt management plan" with them, and that's my best option. But I'm rather…
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Nationwide Loan
Hello Everyone, My partner just got a loan from Nationwide, however she is still has cooling off period. The APR is 5.6% is that pretty reasonable for a limited credit file, it’s quite thin but never a missed payment. Thanks
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Advice: Student Loans Recontact After 10 years abroad
Hello dear money savers, I received full student loans from September 1998 onwards, and then after graduating I worked in the UK for a few years and my student loan repayments were automatically deducted from my account with my tax and so forth. Then I left the UK to work abroad for a very low wage and I have not been back…
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Advice please- Remortgage
Hi all, Im new to the form and would appreciate any advice from members. I own a commercial property which I bought two years ago. I’m looking to remortgage the property to raise some funds. Currently with RBS, don’t mind switching to a different bank. Is it better to go through the brokers or just approach the banks…
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Beginner Personal Loan Advice
Hello, After some research I have decided to apply for a personal loan to consolidate my credit card debt. Never having applied for a loan before I am a little nervous about proceeding with the application incase I miss something like additional fee’s etc! Does anyone have any advice for a newbie? I am looking for a £10000…
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Nearing the end of student loan repayment
Hi All, first-time poster here, hoping you can help! I have been paying off my Plan 1 Student Loan for about 10 years, and this year have finally come close to finishing it off. I have had a bit of a complicated employment history in that I have been self-employed for a few years, so that the calculation isn't as simple as…
