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Loans
Archives for October 2020
Discussion List
Bounce back loan - what is classed as 'adversely affected'?
I had read up about it. One of the conditions was it was for a business adversely affected. The only HMRC guidance for what adversely affected means, is here, but this is for the self employed scheme (I'm ltd contractor)…
Risk in loans?
i recently have this thought of getting a loan to fund a business i want to establish online.
bu you see im so scared of taking loans, judging from friend's advice. do you think asking for loans is a risk? if so, what do you think is a better option? or whats your experience about asking loans from banks?
Bounce Back Loan
:( hey, can someone help me, please... I am about to apply for Bounce Back Loan as a self-employed, is there any chance to take more than 20% of the turnover? maybe some tips on how to do it, please. it would be very helpful thank you
Refinancing loan
I took out a loan for £28000 three years ago at 4.4%. I currently owe 16000 and have three years remaining. I thought I'd look at refinancing as the rates are so much less now have been offered 2.8% but borrowing 16000 over three years the monthly payment is the same! What am I missing?!
Amigo loans - death of guarantor
I currently have a loan with amigo. Last week I called to advise them my guarantor had passed away. They said were sorry to hear this, could you send in a copy of the death certificate and we will remove the guarantor from the account. Which I did. They advised me I would have sole responsibility for the loan and in an…
Sole Trader and Personal loans
I am a sole trader about to move to a new premises. Am I able to take out a personal loan to help with this, eg paying decorators/electrician etc. Or do I have to take out a business loan? Thanks.
Bank Loan but not as we know it
Can somebody out there please calculate the following loan total cost. £41,600 loan over 15 years with an APR of 5.5%, interest added quarterly and equal monthly payments. The Bank has come up with a figure which is in excess of what I think it should be, having calculated using other websites. Could there be any plausible…
Medical Loans - multiple applications in a short time frame
I've recently taken out a medical loan and have already started to make payments. I've been notified by the practice that due to the member of staff not being available they can no longer carry out my treatment so are having to refer me. Due to the insurance involved my finance has to be cancelled and I will have to…
Arnold Clark car finance accepted then rejected 10 days later.
Hi all. In need of some help from anyone who may know how. My partner recently purchased a car from Arnold Clark Dundee. Finance was applied for through Arnold Clark on Sunday Sept 20th. Arnold Clark came back to us with an approval of the finance (through Black Horse) the following Tuesday 22nd. We went to pick the car up…
Secured loan
Hi I am new to the forum and would like some help, back in 2006 me and my wife took out a secured loan for about £30000 to clear some dept we pay about £400pcm, till this day we are still paying and made a phone call the other day to see how long we had left to my surprise they said I have still 7yrs left and still owe…
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