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Does my credit affect the house
I have a very bad credit rating. I have a joint current account and a joint credit card with my husband. He is looking at taking a loan out to cover some bills as we are falling behind. Will my bad credit affect his application? He has been accepted for a credit card recently so i'm thinking it should be okay, but the fact…
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Help with an unfair late payment
Hello I’m just wondering if anyone can help. I’m currently in the process of buying a new house and getting a port mortgage with Santander, they’re happy to offer a mortgage but want a late payment cleared off my account first. It’s worth mentioning I am due to exchange next week. I wasn’t ever aware of this late payment…
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Advice on offer from guarantor loan
Hi, I submitted a complaint to a guarantor loan company about how they shouldn't have accepted me as a guarantor - my complaint is as follows: The issue that I have experienced was: I was accepted as a guarantor for a friend. I have since realised that full checks were not completed by Bamboo. I discovered this after…
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Student loans changes to Ts&Cs 10 years later (2011/2012)
Hi there, I’m not sure who to contact so thought this was the best email address. About two weeks ago, the Resolutions Team with the Student Loans Company contacted me to say I was wrongly put onto the 2012 tuition fee plan due to changing universities and courses when I was already on the 2011 fees. I queries this at the…
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How To Check If Someone Is Using My Address For Loans
Whats the best site to use to check my home address for loan reports, I want to make sure a previous partner is not using my address for loans. Thanks.
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Advice on financing a business start-up
I'm hoping for some useful advice for this potential project! My wife and I are contemplating giving up our London life and relocating to run either a B&BV or a tearoom. My wife bakes and sells cakes as a side business, and is keen to get into this in more of a full-time capacity, ideally with her own premises. The perfect…
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Overdraft Charges
Hello I am hoping someone can help. I went into my overdraft with my bank by £1 yesterday (I hardly ever use my overdraft but have it as a safe measure as you never know) The very same day I transferred money into the account to make sure I wasn't in my overdraft and so didn't incur charges. I could see the monies cleared…
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Changing a refinance loan
Looking for advice please. My 24 yo daughter had a 5 year consolidation loan which she took out 3 years ago. Needless to say her credit history was terrible. She also had a Debt Management Plan. The DMP was paid off this year and so the only loan she has now is the consolidation loan. The interest rates are phenomenal and…
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Help to buy question
Regarding the interest you start paying on the help to buy equity loan after 5 years, is this based on the original loan amount? So say after five years I can only afford to pay off 10% of the 20% loan, the interest payments will still be based on the original loan amount borrowed or will they be now be based upon the…
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Provident petsonal credit
Hi All Just an update on my battle with the above mentioned. Back in september 2020, i decided to contact provident and ask for a copy of all the loans i had between 2009 & 2016. After about 4 weeks or so they sent me an email with details to log in to a complaints portal, very easy to do, so after downloading all 18 loand…
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small Student loans
Should my son repay his small student loan? Most of the examples on the MSE website assume a graduate with loan of £50,000. My son left uni after only one year, his initial loan was for just one year of tuition fees, now around £10,000 due to added interest. He has a good secure job, hoping to get a payrise soon to…
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HSBC Loan Repayment
Hello, Possibly a stupid question but it's my first loan I've had... I'm 2 years into a 5 year loan with HSBC and at the end of the month I will have £3000 ready to pay it off. On the app it says my current loan balance is £4100, and it will cost £3200 to pay the loan off today, with a £900 interest refund. Does this mean…
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Equity release, rented house.
Eighty year old dad in good health currently abroad, usually returns to England for a few months at a time and stays with friends or rents a room while in the UK but currently can't travel. Has a mortgage free house which he rents out in UK, that's his main income. Wants to release £20k equity now, house valued at £240k.…
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Best loan option
Hi all. I have been left a property worth £140,000 (confirmed valuation) by my Dad who passed away. I want to eventually move to my Dads property (which has so much potential) but live in my mortgage free current property while renovation work is carried out at my Dads. I will then sell my property also (confirmed…
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Car lease
Hi all - my mum recently passed away. She lived in a small remote village and was full time carer for my brother. She had a car on a lease agreement. I flew up the day after her death and have been using the car, I advised the insurance people and called the people she bought the car from and asked if I could continue to…
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Log book loan covid deferral
Hi, hoping someone can help. I had around £600 leftvto pay to my log book loan (roughly 6 months) . I asked for Covid deferral due to loss of business. That time is up and now £800 odd has been added to final amount as they see every month deferred as an extra month of payment added. I thought these deferrals were by way…
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Redress dispute
I would like some advice about Payday loan company what has stated I am due a redress but they sold my loan to debt company. I would like to understand if I’m still liable for the loan as the debt company are still chasing the debt. But I shouldn’t have been given the loans in the first place, as the redress states.
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Shawbrook are NOT listening
Shawbrook bank, are not listening to me. I cant afford the loan, have called them several times and told them. They wont do anything aoart from add a missed payment fee of £80. Contacted the ombudsman, awaiting their decision. HELP !!
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Hello and question about secured loan figures quoted by a broker
Greetings everyone! B) I have applied for and had an initial offer of a secured loan of £20,000 repayable over 144 months (12 years). I am looking at lots of options, ranging from equity release to convoluted use of credit cards, balance transfers etc. in order to fund some overdue home improvement as I don't have savings.…
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What's up with Credit Club Eligibility Chance ratings?
I needed a small £6k loan for some desperate house renovations, went through the motions of eligibility checks etc. The MSE one gave me a 90-95% chance on top loans at 2.8 - 3.5%. But, on my CreditClub Expirion account, I ran their eligibility checker and it came back saying I had 0% chance of any loans and any 0% cash…
