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Help needed!
Hi all, So here's the predicament: Someone I know needs a loan for £7k, however they haven't got a job. The person is in the process of selling their house and the loan would be able to be paid in full once the house has been sold (hopefully within 5/6 months time, depending on how quickly the house sells). Does any body…
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Consolidate for somebody else?
Hi. Long story short I was once very bad with money but now I'm very good. I plunged myself into more and more debt with credit cards but have consistently spent no money with them for aroun 17 months and have made every payment in that time too (as well as nearly eradicating my car loan). The issue I have is that my…
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Chances?
Hi all, We’re about to be submitting a mortgage application to extend our ownership of a shared ownership house. Everything seems good with the mortgage. Based on the below, I’d like to know if it’s likely we’ll be approved for £10k car finance immediately once the mortgage has completed. I have told our lender about the…
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Loan providers poor credit no gurantor
Poor credit with no gurantor in need of a small loan £600. Is there anyone out there that can advise of a reputable firm. I don't mind having to pay back a higher rate of interest.
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Overpayment Advice needed
Hello, I'm new to the forum, so I apologise if this has been raised else where, I have searched this morning but cannot find the answer - so decided to post. I have a Curry's store loan for a Gadget. I have £500 which i am wanting to pay off of this loan, however I have been given an option of paying this from the length…
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Trying to reclaim student loan repayments - weekly threshold?
I've just been on the phone to student loans to try and reclaim my repayments that I made last year. I only ever made repayments when I received monthly bonuses, but am paid weekly. I earned £18,591 last year and repaid £160 where as the repayment threshold was £18,330, so my thinking was I should have only repaid 9% of…
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Fraud on loan application
Hi everyone! I have been through a terrible patch this last 3.5 years. I realised with the help of domestic abuse services that my husband was abusive. I left him with they help and started to build a new life. I was them on maternity leave and took a loan to start buying basic furniture and white goods as I left only with…
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Am I liable for my Wife's Student Loan arrears?
OK, so my Wife has a student loan that she has to apply for deferment every year for. I am the sole earner and pay for everything, she has zero income and this can be proved and is accepted by Erudio. Her loan has arrears on it from previous years that she accrued by being a bit slack on applying for the deferment, but…
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Friendly Loan...
Hello A friend of 20 years loaned me £200 when I was moving house in mid September 2019 and I said I would pay it back end of September 2019 (money was transferred by her to my UK bank account from her NZ bank account, she lives in NZ). All of this is confirmed in writing through Instagram messages, me giving her my bank…
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Don't lend money to a friend!!
I have been trying to find some legal clarity to an unregulated loan I have given to a very good friend. We lent £55,000, secured on his house through a solicitor and registered with the Land Registry. This was in 2008 and he offered to pay 10%. I thought that too high for him and we settled for 6.5% plus 7.5% of the…
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Private loan friend to friend to pay for a lease extension
A friend of mine owns a leasehold flat which is an investment property, she has allowed the lease to drop to 40 years. She wants to sell the property, but obviously it is seriously blighted by only having 40 years left on the lease. She is married, and they are both currently unemployed, so a mortgage extension is probably…
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Additional interest charged on settlement
I’m after opinions on this, please. I bought a new car last month, and as I wanted it before selling another I financed part of it. I asked the salesperson if there was any penalty or charge for settling early and was given a clear (but verbal) reply that there was not. I requested a settlement figure today, 29 days later,…
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Wonga repayments
Any sign of Wonga Administrator paying partial refunds this month. would be nice to get something back in January
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Should I prioritise repaying my personal loan or building up a deposit?
First post. I did search before posting but couldn’t seem to find the answer to my exact question. Last year, after getting ‘persistent debt’ letters, I (finally) decided to actually pay off my £12,000 of credit card debts rather than just pay the minimum monthly payments. I’ve been going at it really hard, and with my…
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Refused Consolidation Loan on affordability - MAKES NO SENSE !!!!
Hi folks , So i have been looking for a loan to consolidate debts i have on various credit cards. I have one @ ~£10k (Pay £250 p/m) one @ ~£6k (Pay £200 p/m) one @ ~£1500 (Pay £40 p/m) I wanted to take out a loan to wipe out the biggest one and eventually see light at the end of the tunnel as to getting rid of it. I did…
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Bamboo loan - withdrawing from a loan - no response
Hi there, I stupidly took out a loan for £3,000 with Bamboo at an eye watering APR of 49% (unfortunately it was all I could seem to get accepted at but I had planned to pay more than I needed to, to avoid the interest), which was to put towards a car (the rest of the money I had saved up). This was taken out on 24/12/19.…
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New Kitchen - Loan, Credit Card or other
Morning all, I have been on the site for a while but not posted much. Anyway we need a new kitchen, ours was tired when we moved in and now 12 years later appliances are dying etc so we need to get this done. We have been round a few on the national companies (wren, magnet) and they are talking serious money, ikea are more…
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HELP! Paid off PCP early!
Help! I stupidly just paid off my PCP early (£6500) and now don't think it was the right move. I called the bank immediately to cancel the transfer but they can't do it. They said to contact Northridge Finance (who I have the PCP with) to ask to cancel it and set up the monthly direct debit to them again instead. They are…
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Equifinance
Hi can anyone help me please i took out a Equifinance loan of £10000 the term of this deal has now finished yet they are saying i still owe a staggering £6900 despite only being 6 months in arrears i find this staggering can anyone help if i should take this further.
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Use of CC to pay off loan?
Hi, this is probably a stupid question: I have an interest free credit card, that has an offer of a 0% cash transfer with a 3% fee. If I were to pay off my loan of £1800 early I would save £200 in interest. The transfer would cost £54 and would then be on my credit card. Does it make sense to pay off my loan early? Is…
