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Updraft
Hi everyone Im wanting to check if anybody has heard of an app called Updraft and if so have they any experience of using it? They are currently offering me a loan and are authorised by FCA but just want more info on them. Many thanks in advanced
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Postgraduate (full time) loans wiped out by covid
I’m not sure this is the right category by couldn’t find one for university. I took out a fulltime postgrad loan through student finance England - I’m studying MA fine art at the university of Wolverhampton. Due to lockdown we had no access to studio facilities to complete our studio practice modules so in April we were…
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Mortgage style student loan deferment
Can anybody confirm that the threshold has been reduced to £30. 646? If so why has this dropped from £32.347? None of the companies seem aware of this reduction but this has been released on the GOV UK website.
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Secured loan for Motorhome purchase
We are in the market for a motorhome and done plenty of research regarding this. HP over 10years would be ok but we are struggling to find a suitable van through a dealer at an affordable price. Privatly we can find a van that is perfect for us at around £29k with low mileage and around 4yrs old. The only way to get this…
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Compound interest
About 14yrs ago we took out a loan with ocean finance (big mistake) since then it’s been sold on to various company’s, the most recent is Elderbridge. We have statements saying that we owe approx £6,000phoned yesterday to get an early settlement figure, to be told we owe £41,000 -£35,000 is compound interest! Has anyone…
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No statement no contact in 8 years
8 years ago my business closed. I handed the vehicles back I had on lease purchase but on the sale it was 11k sort, I went into a DMA but the lease company refused so an a agreement for £50 a month was agreed with interest fees frozen and to be reviewed thats the last I've heard from them 8 years have now past i pay the…
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Loan over-lap
Hi all,Just wondering if anyone has had the same situation i'm in. I have a car on PCP i got 10 months ago, however since then I've got a new job that requires using the car to and from patients houses, which has taken me from around 400 miles a month to over 1000. The car isn't exactly economical and will not be…
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applying for a loan
hi, if I apply for a loan that offers say a rate of 3% interest (but they only have to offer this to 51% of the applicants) , they accept my application but offer a higher rate of interest of say 4.5%(I e. I'm one of the 49%), I decide i do t want this so decline it, will this affect my credit rating???
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Can I get a UK loan while living overseas?
Hi everyone - basically as the title says, is this possible? My UK credit history is excellent but it's highly unlikely my German credit history will allow me to borrow the amount I need to borrow, £20,000. Then again, would a UK lender even lend me that amount in the current climate? The purpose of the loan would be for…
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Property Portfolio
Has anybody else had a similar situation. On our property portfolio we now only owe £365,931.00 to the bank for loans taken out to buy properties. These properties are now worth £1,030,000.00 and that is the lowest valuations. We have asked them to release 1 property that is part of the portfolio as part of a divorce…
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Bounce Back Loans
I am considering changing my business bank provider, I have
a bounce back loan with my existing business bank - will I have to pay that
back before changing banks??
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Change of Privacy Policy
Hi, A loan company has changed it's privacy policy to add a new feature call Account Updater. The snippet I got is: The details regarding this change will ensure your card details are updated (following expiration, replacement, lost/stolen card etc) so your payment instructions are honoured without interruption. This…
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Resolved "Klarna didn't take payment"
Hi, I bought a bike from halfords in June 2020 for £140, and because of what's happening with Covid-19, I thought I'd take the 12 months interest free option, I could of paid in full but financially better for me to pay over 12 months, or I could of paid it on either 2 credit cards, so I didn't actually need to use klarnas…
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Personal Loan for a car. Do I have a better chance with my own bank?
I am looking to take out a personal loan for the purchase of a new car. My own bank coincidently is offering the lowest interest rate that I can find. But, do I have any better chance of being accepted by them, compared to other companies?
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Trouble with Amigo loans claim
Hi there - I'd like to get some advice or opinions on my current situation with Amigo Loans and claiming for an incorrect lending decision. I made a claim back in April for unaffordable lending/incorrect lending decision. I received a response in June stating that they had upheld my complaint and they would be in touch…
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Mis sold loan for timeshare - Malta Azure Resorts Ltd
Hi. My parents went on holiday to Golden Sands Radisson resort in Malta in 2008. They were given the hard sell on a timeshare by Azure Resorts Ltd and they ended up taking out a £16,700 loan for a unit for 1 week a year. This loan for a financial stretch for them but the unit was made out to be an investment that would…
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Still paying for old CCJ
Hi, can anyone advise please. My husband and I took a joint loan out with Northern Rock. The loan was defaulted and cut a long story short a CCJ in my sole name was issued. This was over 14 years ago. We have since divorced. I continue to pay each month and my ex has walked away from the debt which Is still over £22,000…
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Lending Stream Refund
I made an affordability complaint in February, they finally replied in May saying I could afford the 9 loans. I sent their reply to the FOS, the FOS upheld 4 loans and went back to them, they waited until the last day to reply, they offered £451, which I accepted and they confirmed, they sent an email on July 23rd saying…
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Car finance PCP query
I was looking at the VW finance calculation page and started fiddling around with the various settings. They don’t have a page for HP, only PCP. I cannot post links but just search VW Finance Calculator. As with any loan on a fixed interest rate the larger the deposit and the shorter the term, the less TAP (Total Amount…
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Omni Capitol Finance
I ordered shutter blinds from City Blinds and Shutters ltd, paid £150 deposit by credit card and took out an interest free loan for £1350 from Omni Capitol Finance. City blinds went into liquidation and I am now being pursued by Omni for £112 per month via direct debit. I have cancelled the d/d but Omni say I am still…
