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Honeycomb Finance
Can someone please help? My partner bought a new boiler with British Gas (Honeycomb) on finance, I have since been made redundant and wanted to pay the boiler in full with some of the funds. My partner went to make payment using my card debit card, firstly the operator would not let her but secondly demanded to know where…
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Advice on borrowing against a pension pot
I am a 50 year old single dad looking for advice on types of loans available which can be offset against a pension? Background. I have 2 v healthy pension pots available to me at 55 where I plan to access the 25% tax free funds and enjoy some of my money when I'm still fit and healthy. Beyond that my plan is to mange the…
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PCP rate drop after order placed at higher rate
I was approved for finance on a new car on 18th December at 5.9% (the standard rate at the time) I placed a £500 deposit for the car and delivery is expected March. But on 1st of January the rate for PCP has changed to a new standard of 3.9%. Is there anything I can do? Or because I agreed to that rate it’a just tuff luck?…
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How long after moving house to apply for loan?
We’re in the process of moving house, having exchanged last week and completing middle of next week. I want to buy a new motorbike once we’ve moved, but unsure of how a recent ‘large credit event’ will impact a finance/loan application. So firstly, whilst affording a <£80 payment a month is no issue, I wondered whether…
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Car Finance Payment Stopped and Credit Rating Affected
Help received - thanks!
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Paying back a loan after death
My father in law recently died. No probate was needed as he only had a joint bank account and the house was jointly owned with his wife. He had taken out a personal loan from M&S in his name a couple of years ago. It was paid into the joint account, and payments were taken out of the joint account, but the loan was only in…
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Sainsbury Loan
Why do Banks advertise a low rate only to make you jump through all the hoops, tell you that yes you can have the money but now the rate is double what they advertised? Beware of Sainsburys Bank offering 2.8% my friends and I have tested them with a few applications all came back approved with good credit ratings and they…
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Giving car back early on PCP finance?
Hi, I took my car out on PCP finance which is due to be renewed June 2021. Due to working from home during Covid-19 I am not using my car at all. Has anyone any knowledge on giving a car back early? I know I may have to pay a fine but still might be cheeper than paying the payments every month until June 2020. I will be…
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Loan and Invest?
I have some money from the proceeds of a house sale and I was going to buy a motorhome and then invest the rest. I’ve found a motorhome now, but I don’t know whether I should use my money or get a loan and invest my money instead. I’ve been told that now is the time to get a loan with the low rates, but the benefits, if…
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Swift Finance
Hi I have a loan with Swift Finance and wonder if anyone else has had dealings with them. I have tried to get a settlement deal but it is no better than what I will be paying over the full term of the loan. I took out a loan with them for £12k out in 2008 and will have paid £40K+ by the end of the predicted term which is…
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Moved: can you get a mortgage if a property has a separate work office
This discussion has been moved.
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Coast Finance not accepting my letter
I am trying to contact Coast Finance in relation to a secured loan with them. My friend took out a secured loan with Welcome Finance. The loan got into arrears, the interest was frozen, she was still making payments and the balance has been decreasing. The loan has been sold to Coast Finance. She has continued to make…
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Argos card
Hi I'm looking at getting a macbook and stumbled across the Argos card which offers 6 month buy now pay later I applied online got a message saying I was accepted with a credit limit and to tick box to sign credit agreement which I did. Didn't receive a email confirmation Does that mean they still need to credit check me?…
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Short term, buyback loans
There doesn’t seem to be a guideline on short term loans and buyback contracts from places like the cash converters/ cash generator or SBS . what happens to the property left within this businesses and their (extremely high) interest payments during this lockdown when they may not be open for business?
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Medical Loan
Hello, I am in the process of applying for financing for a medical procedure. What I wanted to know was if anyone had any insight into these types of applications. What I'm interested in knowing is are they easier to get than a standard loan? It is a company which solely deals with medical financing. Also the loan would be…
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TSB Bank Loan - Money Not Paid After Agreement Signed
Hello :smile: I am wondering if anyone can help with a really strange situation I find myself in. I applied for a TSB loan of £14k over 5 years at the start of December. On the 23/12 I then phoned to complete the agreement. I signed 2 agreements as did TSB (I have the copies with TSB signature) saying that they’d pay the…
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Interest bearing loan to child to replace some of punitive interest only mortgage?
Our only child has an interest only mortgage which is paid from the rental income from lodgers. He has owned the property for more than 5 years but has never been in a position to change to a repayment mortgage: initially he was a student, subsequently he has not had a job that pays enough and lenders will not take rental…
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Received inheritance but not full amount, would need to borrow short term to purchase a property.
Hi everyone Have just received inheritance & some more to follow in approx. 4 months. Have seen a property to buy but will require short term loan, to be paid off when we receive the other amount. Need your help, please. Mortgage is a fixed term & cant have personal loan for property(been told). Any suggestions, please
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Sainsburys settlement loan.
Hello all! I currently have a sainsburys loan I took out back in July 2019. It was for £3,000 and my interest was 10.9% apr. This was over a period of 3 years. My monthly payments stand at £96.97 and I have made 18 payments to date so I’m exactly half way through with a remainder of £1598 left, if I was to request a early…
