-
Are 118118 loans classed as payday loans?
I've had a 118118 credit card for a while and this week I've received both an email and SMS offering me a pre-approved loan for £5000 although with a high 35.90% APR. Are they classed as a payday lender and do they record as such on credit files?
-
Erudio Student Loans...moratorium
Just looking for some advice to see if anybody else knows about the Erudio/ SLC moratorium? I’ve copied and pasted the email I sent to Erudio...so far had zero response 😏 I have three historic loans with Erudio from the years 97/98/99 which are due for repayment in June 21. I also have type 1 and type 2 loan with SLC as I…
-
Is Consent Online legit
Hi. I just applied for a loan from ratesetter recommended on MSE and it asked for an App called Consent Online to access my bank account to check my current payments in and out of my account. Is this legit please?
-
Denied Student Loan due to COVID-19 - now plunged into unplanned debt!
I wonder if anyone has any advice for this terrible situation.... 1. My daughter got offered a place in university in 2018 - but since she was in the UK on an ancestral visa, without the money to pay for university, she deferred to 2020 - when she would be eligible as a Home Fee student and thus for a student loan. 2.…
-
Loan Rescinded (under indemnity rules)????
My bank has just told me that the money that I deposited which came from my other bank account with a different bank, has been rescinded under indemnity rules, they wont say or give any details, only that the orginating bank is saying to my current bank which had the money, that they suspect the loan was obtained…
-
TSB not accepting repayment plan?
Hi, I have a loan with TSB and due to a few personal reasons, I’ve been swimming in debt and have started a self managed DMP with all of my creditors individually. However, TSB are the ones causing me grief. I’ve phoned twice with my income and expenditure and they said there’s nothing they can do to help me and to contact…
-
Car manufacturers finance and registration
I am trying to buy a car for my ex wife, we are separated and I will be the financier but she will be the registers keeper. I was advised this will not be possible as the finance and keeper need to be the same for the first vehicle registration. Is this accurate.
-
What do I do
Just heard about provident today . As existing customers do we carry on with repayments or will it be taken over by another company ? Any help would be appreciated
-
Mortgage taken out in Orlando Florida and foreclosed on.
Hi I took out a Mortgage in Orlando Florida on a timeshare property which was foreclosed on and sold for One Dollar,The mortgage was arranged and all the papers signed in Orlando under Florida Law at an exchange rate of 2 Dollars to the Pound but the debt was sold to a company in Britain and have put a charge on my…
-
Combining loans
Hi, I have two loans from two different banks and a credit card from Aqua. Is there a way to combine them all so I can just pay a one off payment each month. I get so confused with the current system of two direct debits and then having to make a payment to Aqua and would rather do a lump payment each month. Any advice…
-
RateSetter loan - Pay off early.
Hi, guys, just looking for some advice RE paying off a RateSetter loan of early to avoid the interest. It is currently at 11.9%, which when I was applying to buy the car I thought nothing of (excitement took over!) I'm paying £162.83 a month and £34.57 of that is interest! There's £5,821.56 remaining, and the car if i was…
-
Reducing payments
Hi, I am struggling to meet my payments due to a change in circumstances, although haven't defaulted. Am I best to contact the loan company direct or go via a debt charity like step change to try and get my monthly payments decreased? I appreciate that either will ruin my credit rating but is there a better way to do it?…
-
Car Loan from Parent
My wife and I have kindly been offered a loan from her mother to avoid car finance. We have agreed a payment schedule but wondered if there were any tax implications as a result. The amount is more than the £3k gift allowance but as its a loan is this relevant? Thanks.
