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Loan for a service that's not been fulfilled
Hi, So a bit of a long one, Last year I took out a loan via a company for HGV Training. Within about 2 months of taking this loan out, I called them and paid it all in one go (About £4700) as I consolidated my debt. Today I have recieved an email saying the company I was going to do my HGV Training through has shut down…
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PayPal credit default / advice
Hi, I was ill and fell behind with PayPal credit payments. I have the relevant letters and I believe it was two payments or so. The situation was a bit worse in that I couldn’t travel to collect some letters from my home address due to quarantine. I tried to pay off some of the balance, however the account had already been…
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Front loaded car loan
Hi, I'm in the process of buying a new car. Im on a pcp deal now. Reasonable rates of interest. I thought I'd paid off way more than I had due to this being a front loaded loan. Its a Barclays loan. I didn't know that this was the case at the beginning of the loan. I truly believe I have been mis-sold this. What are my…
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Eligibility Changed?
So we are looking at financing a new car and so I have been repeatedly using the loan function on experian to check monthly repayments on different loan providers, credit score is excellent and everything was coming back at 95%. Today I have done a search lower borrowing higher deposit and all other earnings etc the same…
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Unable to pay secured loan - advice needed
It’s a long story so in a nutshell…I’m a full-time teacher of 10 years, my husband has been a self-employed plasterer for 21 years. We are homeowners with a mortgage and two children. In April 2018 he caught some type of virus (undiagnosed) and this developed into an auto immune disease – we think Fibromyalgia but after 2…
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Loan for low income & poor credit
Hi all, I might be looking for the impossible here. As the title suggests, I'm looking for a loan due to unexpected circumstances. I'm going to need around £8000. However, I'm low income and have a 'fair' credit rating. I've done a couple of soft searches and my chances are slim to non existent. I have a relative who can…
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Eligibility calculator
Hi, how accurate are these eligibility calculators? I'm getting a 90% score on my credit club and getting totally different scores on mse loans eligibility?
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Car finance negative equity
I stupidly part exchanged my old car for a newer model with better features. I was led to believe that adding on the remaining finance from my old car to my new deal was a good idea. I am now regretting my decision and have looked into getting rid of my car however it looks like I would only get £5000 for it but I owe…
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Car Finance, car surrendered, no holiday offered
Hi, this is my first post but I'm tearing my hair out (whats left of it) due to an issue with Blue Motor Car Finance. I am self employed and lost all of my work in March. I called Blue Motor and asked fore a holiday. he told me they don't offer holidays and said the best they can do is offer a 50% discount for 3 months.…
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Picture financial loan
Hi. In January 2006 I took out a loan with picture financial. This was over 15 years. (It’s huge and so glad it nearly done) the loans APR was 10.9% variable. The loan payments went up on a few occasions but never ever came down. Would this be correct. ? This difference from my 1st monthly payment compared to today’s is…
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PCP VW Financial Services - Early repayment - Have I been overcharged?
I'll try and keep this short and snappy: I bought a car in March and borrowed £21500 on PCP via VW Financial Services with the intention of paying it off (almost) straight away. The contract started on March 17th 2020, was set to run for 49 months, had a Rate of interest of 4.84% and had monthly instalments of £298.70. The…
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Car PCP ending and want to keep - But there is a catch...
I have a car on PCP ending soon and I want to keep it. The problem is : I cannot get a personal loan as the amount is too much for me afford (According to the bank). The amount I am paying is over £600 per month and never defaulted my credit score on Experian is 990 (excellent). I have tried to get a car loan from Lloyds…
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Car loan commission
Lots of questions about car loans on this board. I thought some might find this interesting: ’Outrageous’ car loan commission banned https://www.bbc.co.uk/news/business-53567495
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Car Lease Contract
Has anyone any experience of renegotiating their car lease during the course of the contract? After
my existing car lease deal expired in January 2020, I took out a new one, 24 months,
20000 miles per annum directly with Audi Financial Services through my local Audi dealership. At
the end of February, nothing Covid-19…
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Car finance
Hope someone can help with this. I am trying to purchase a used vehicle on PCP So I have been offered this: Car is £13750 plus £200 (Home delivery and they minus the admin fee of £299). Mileage of the car is 20,800 and its valued at 13,850 (by quick online car buyers) My deposit £1500 They offered PCP £205.85 over a 48…
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pcp benefits - warranty/service plan/breakdown cover
Hi all, My girlfriend is taking out a VW pcp contract for a new car next week. if the car is bought on pcp it nets you 2 years warranty, 2 free services and 2 years free breakdown cover. The issue is the APR is high because it is on a used car, so she has applied for a loan @ 3.5% APR through Lloyds bank and been accepted…
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Remortgage/ bridging loan
Currently own house worth 250k with no mortgage. Seen propery we want for 255k and they need papers signed within 6 wks. We have 130k in cash need to raise 125k but have not put property we live in on market yet. What is our best option to get 125k out of this house( worth airing on side of caution predicted value of…
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Required time lived in uk to get a loan?
So ive lived in the uk for a little over 2 years now. And i got my first credit card more than 1 year ago, also been enrolled on the electoral roll since. Fast forward today i have 5 credit cards, i payed all of them on time, always, and in the course of that year, right now on a clear score check it shows me that my…
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HSBC BBL needs new signature
I got my request in early and was lucky enough to receive my BBL from HSBC in a matter of a few days back in May when they first came out. However, a week or so ago I received an email from echosign telling me that there was an omission on the contract I signed and they need me to sign a new one. Apparently my name is…
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Hitachi early settlement nightmare
Hi everyone, wondering if someone could kindly explain this letter I've received from Hitachi over the weekend. In 2018 I took out a ridiculous high interest loan in desperation. I was lucky enough in May of this year to be able to settle the loan agreement early. I had £9793.68 left to pay but a settlement figure of…
