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Unsure if to complain about loan
So a few years ago when I was 19 I took out a loan with Lloyd’s Bank in branch. The loan was fairly sizeable (£10k) and for a house I was buying abroad. I didn’t know at the time that this was a problem (obtaining a loan for a property) so I went in branch and asked for a loan, which when asked I told my advisor it was for…
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Halifax Loan - Non Halifax Customer
Does anyone know the process for non Halifax customers that are approved online for a loan? I ask because I have received a pre credit contract agreement shortly followed by a credit contract agreement however have no visibility of the funds in my bank. The application was made last week and I can't seem to get through to…
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Number of Wonga compensation claimants 'four times the figure expected' - MSE News
The number of redress claims made against failed payday loans firm Wonga is "more than four times" the initial estimate given by the Financial Ombudsman Service - meaning more than 40,000 people could be out of pocket...Read the full story: 'Number of Wonga compensation claimants 'four times the figure expected'' Click…
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Sainsbury's Loan - Overpayments
Hi all.... wondering if someone could help me understand something. I've a loan for £24k with Sainsbury's over 7yrs. Pay 2.90% and repayments are £316 (ish). I'm a year and 5 months into the loan I've started paying additional £316 per month overpayments in the hope to half the term now I've some free cash. I understand…
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NZ overseas student loan debt
Recently I received a letter from a uk debt collecting agency stating that I owed $16k to the NZ inland revenue. After calling the IRD in NZ they advised me that I had an unpaid student loan debt from 2001. I haven't lived there since 2002 and have been in the UK since. I had absolutely no idea about the debt. In 2001 I…
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Audi PCP
Hi all, Any advice greatly appreciated. I have a 2015 A3 on PCP and the payments are nearly up and I don't want to keep it or get a new one. I decided to Voluntary Terminate to move to another manufacturer as Audi no longer affordable. I was told by dealer a few days ago that a service was not yet due and the warning light…
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Paying back a defaulted loan years after the default date and with no contact.
[FONT="]Hi all,[/FONT] [FONT="]In 2011 I was granted a substantial Career Development Loan with Barclays to complete a Masters degree. Though I repaid two or three instalments, I was unable to meet subsequent monthly repayments due to my own financial mismanagement of a tight budget. When I phoned Barclays to…
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HP vs personal loan for car purchase
Hi all, I am about to buy a new (well, used but new for me) car and I'm trying to decide whether a personal loan or a HP agreement is best for me. My budget is around £120 per month and the trade-in value of my current car is likely to be £250 at the absolute most. (12 years old, 2 months MOT left and it's not in great…
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personel loan
Hi all we cleared my IVA in 2017. it still shows in credit history the bank says it will stay there for 6 years is there any way we can remove from our credit history? We need a loan upto £5000. How do i get a loan?
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Car loan while waiting for house purchase to complete
Hello. I am in the latter stages of completing on house, in fact I should have the keys in 3 weeks or less. Now, my car has just decided to give up on life so a new one is required. I am wondering if applying for a car loan though, could adversely affect my mortgage application? Mortgage is approved and my offer is in…
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How to clear loan with lowest early repayment charge?
I have a small loan with circa £1200 outstanding. If I pay off the loan in one lump then the loan company are able to charge me 58 days interest. How can I make this early repayment charge as low as possible? Would I be better making a large payment off the balance off £1000, then the month after pay off the remainder?…
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Apprenticeship funding help
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PCP from BMW but car milage is not as advertised
Hi, looking for some assistance. Just bought a used BMW from a main dealer. The advert had the milage as 10,000 miles but upon delivery it had near 12,000 miles. We took out a PCP, for 3 years at 10,000 miles per year. The contract shows the start milage as 10,000 and the end milage at 40,000 miles. We did not see the car…
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High interest on finance
Hi all, Just looking for a bit of advise. So I have an expensive peice of furniture on finance. The monthly payments are £150 but £80 a month of that is interest !!!! I don’t have the money just pay it off so what are my options. Would I get a loan with low interest pay it off and then just pay the loan back. Please need…
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Interest Rate Lies / Scam?
Hi everyone, I feel proper done by. I have excellent credit, and wanted to make life easier by borrowing a small amount of money for a car, but even though the interest rate on this website showed a company called Zopa was offering 3.4%, once I had gone through the actual application process it came back approved but with…
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Clearing personal finance loan
Hi all, First post and all that, anyway, I’ve currently got a vehicle on a personal finance loan with hitachi and am looking st replacing with another on finance, more than likely PCP. I’ve been to a few dealers today and all they say they can do is give me the money for the car to pay to the loan company and then I would…
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When to clear a car loan?
I'm buying a new car next week and taking advantage of the £1,500 dealer contribution conditional upon taking out finance with themselves. It'll be £8,000 at 5.7% when would I be able to clear this balance without forfeiting the contribution allowance. The moneys in the bank and I'd be hoping to do so ASAP. Thank You.
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Loan fraud investigation
Someone took a £1000 loan out in my name online. I only found out after letter relating to missed payments started coming to my address. I contacted police obtained a crime reference and I phoned the lender to report it. The lender told me date loan was taken and that two repayments have been made since, first from my…
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Irresponsible lending from companies?
Hey people's! I've just come across a pretty good topic on a financial website I look at quite often , and the topic is "Irresponsible lending" from loan companies/credit card's so on so forth... I read something in this topic which shone a large bright light at me and I felt like I was centre stage... and that something…
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I have the answer but no one will help
Hi all, I hope you are well, I have a bit of a problem. I currently have 2 loans, and 2 credit cards, the total payments for these come to £600ish a month. I want to consolidate them into one larger loan to a total of £24,000. but NO ONE will help me out.... Im struggling with the £600.00 on top of my rent and bills etc,…
