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Amigo loans Scheme - anyone else received a text?
I received the text below earlier today, but cannot make head nor tails of what it means or whether it affects me - I am not the most jargon-savvy of people. To clarify, I stood as guarantor for a loan which was completely paid off last year and have had no dealings with Amigo since. Has anyone else received this or can…
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Extra loan payments
Hi everyone, I just want to ask if anyone has been asked to pay "upfront costs" to receive a loan payment? My bank account has been temporarily closed for an investigation into fraud activity, because my wife and I applied for a loan, my credit rating is only "fair" according to Credit Karma, and I am.on benefits…
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Loan tips
Should I call my CC providers and drop the credit limit before application?
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How reliable are them
How reliable are them loan predictions on Experian giving you a rating of 95/100% etc. To say you’ll be approved for loan are they accurate?
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Finding a Bank loan instead of PCP for a car worth £60k+
My parents are pricing up a new car worth £60k Deposit is 15k or maybe stretch to 20. I have cast an eye over the potential The PCP agreement and its showing 5.9% APR 48 Months £625 a month payments Settlement figure £21k The interest for this deal amounts to £7700 which I think is a lot of money. I have been banging on…
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Barclays Partner Finance Default
Hi everyone hope your all keeping safe and well during this period of uncertainty. I think I may already know the answer to my question (silly me being pressured into agreeing something with a customer service representative whilst having enough on my plate at the time) but I wondered whether anyone else had a similar…
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Equity Release
Hi! My husband and I recently found out that his Father has signed up to an equity release scheme. His father is 90 but his mother is only mid-60s and will likely stay in the house for another 10 years. He has told us that he has borrowed £90,000 against a house that is valued ~£750,000 at an interest rate of 2.3%. If I…
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Best way to raise some money!!
Hiya We currently own our house outright, but are growing out of it quickly (2 pre teens). We have a 3 bed semi worth around £165k. I want to know how I go about getting raising around £30k for an extension. I have £20k in cash, so a budget of around £50k). My husband earns around £25k pa and I earn around £20k, so keeping…
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Joint loan or not?
Hi all, I’ll start with the background; we’re an unmarried couple, early 30s with no dependants (due to Wed in summer 2022). We live together in our first house with a joint mortgage, we’ve been here almost 3 years (Feb). I am PAYE employed full time earning 22k PA and my fella has been self-employed for 2.5 years, on…
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Moved: Email from Lantern re debt i don't owe
This discussion has been moved.
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Moved: My mortgage
This discussion has been moved.
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Hire Purchase/loan swap - Car finance
Hi everyone. I have a 5 year HP deal on a car and am currently 1 year in. I have been watching Martins shows in recent weeks and noted his advice on swapping loans to lower the interest rate and therefore the total paid over the term. I am wondering if this is possible with a hire purchase loan? Is there a way to take a…
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Settlement Figure Seems Wrong
Hi Just wondering if anyone knows anything abut early repayment of loans I borrowed £20k from M&S at 5.9% interest rate over 7 years. I have made 14 monthly payments of £292.50. When I rang for an early settlement figure they quoted just over £18k. The loan has no early repayment charges in the T&C's and when I put the…
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Removed for confidentiality
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PCP car finance
I have a Mercedes on PCP, I am 24 months into a 48 month contract. It costs £370 per month and now that we are in lockdown it sits in my drive 95% of the time. Does anyone know if it’s possible to terminate my contract early without penalty? Thanks
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Personal Loan - early repayment
Hello, I have a personal loan with Barclays. It was £25k loan over 5 years which I pay £525.41 per month. I have 13x payments left (£6,468.80) and am planning on calling Barclays to ask them if they will give me a discount if I settle in full next month. Before I do this, I'd like to understand how the repayment of a loan…
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Ratesetter advice
Hello, I am wondering if anyone has had experience with Ratesetter, I was initally quoted 2.8% for a £7500 over 5 years loan for a car purchase and was pre approved. My current account is with LLoyds and they provided a personlised rate of 3.9% if accepted. I have spent a lot of time clearing credit cards and only have one…
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Applying for loan.....
Does a lender get a up to date (today) of your file? IE: If I overpay my CC...this doesn't show on my credit file until the next month. Do they see the same?
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High interest rate due to second property
Hi I have recently bought an additional property with a second residential mortgage, since doing so I cannot get a good interest on a personal loan (Car) even though my credit report is good, how long will this be the case for? Will I ever be able to get a good interest rate on a loan while I own second property? Thanks…
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HP Right of Withdrawal PLS HELP
Hi Can someone please help me out. I need some advice. Got a car on finance last week and returned it after 7 days as it had a few mechanical issues which were not mentioned at the point of pick up or when I signed the agreement. The dealer agreed to take the car back and the finance company have settled the account but…
