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At Wits End With Honours Student Loans
I have a pre 1998 student loan now with Honours Student Loans, though deferment applications are still processed by the Student Loans Company. I have not been able to get this deferred properly for several years now because SLC keep advising that my deferment application is incomplete. I am a company director though on a…
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Affordability Check
Ive just applied for pcp car finance on a bmw that i CAN afford the monthly payments on happily I have recieved a request from the finance company to have access to my banking to do an 'afforadbility check' in which they say they will look at outgoings and income In the past couple months i just so happen to have spent…
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Car - Loan vs PCP vs Lease
I have had my car for over 10 years and has reached mileage of 184k. I am very bad at changing stuff, but i think it would be better than to pay for frequent services. Plus, the bodywork has started to wear off. After searching at various places, I required your help on the following 1) Autotrader vs local dealer? 2)…
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tesco loans
complete shocking of a company, appliged for a loan and got it, forms have to be signed in person (how out of date) , 5 days later still waiting for docs to sign, called them up and asked if i could electronic sign them and they said no, so i said when will the funds be in my acc at the earliest and ans was prob early nov,…
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Car finance & Personal loan help
I bank with Lloyds and they offer Car finance for cars under 10 years old, as well as personal loans. I'm in a slight predicament and I am not sure what to do, any financial advice would be really appreciated.. I am currently being offered a £7000 car finance loan at 3.8% APR and a personal loan at 14%, I am 23,…
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Natwest Loan break options
I received my email about extending my payment break. I had 3 options and have decided I need a further break. I submitted the form like the email said and I got an email back to say they can't extend my break as im still in my current break. My loan payment is next due on 1st November. Is anyone else experiencing the same…
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Issues with Erudio Student Loan
Hello, I have 4 mortgage style Student Loans, 3 with the student loan company, which I have no problems with and 1 with Erudio. I defer all 4 loans on an annual basis, normally together with the student loan company managing this, this has continued to date, although honestly I am unsure about whether the Erudio loan was…
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Two jobs at same time
Is student loan payable on the 2nd job? When I use salary calculator (www.thesalarycalculator.co.uk) it does not show any deductions for student loan repayments on the 2nd job? I understand that is because the 2nd job is under the threshold. Apparently that is OK unless you have to fill out a self assessment for HMRC - in…
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Consolidating Credit Cards
This discussion was created from comments split from: Unsure whether to consolidate - please advise.
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Guidance regarding a loan with bad credit rating
Hello, I don't know if this is the right thread to use, to give a bit of background:- I have had a number of years of financial, family and health issues, three years ago my daughter and I moved into my mother's home ( from a rental property) and during that time I set to paying my debts and training in order to secure new…
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Best way for early repayment for a loan
Hi I have a couple of loans and i am now able to pay them back in full, i was just wondering if i pay back in full or would it be best to make a large overpayment so the following month the direct debit would be the final payment. I only ask to see what is best for saving on interest. Thank you
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Postraduate Career development loan
Hello :) I had applied for a Postgraduate Career Development Loan 2 years ago, to try and better myself and get a Master's!I have now finished uni with a Masters, and have a professional job which I have started in September. I'm due to start the loan payments in November at 9% interest rate over 4 years. I was always…
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Alternative doctoral loans
Sadly, I was rejected by the Student Finance Loan Company, only 3 weeks before the start of my PhD. I am currently unemployed, which makes the situation even harder. I have been researching alternative doctoral loans and came across many that have ridiculous interest fees (e.g. Future Finance). I am now looking into…
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Interest changing
Hi, so I have a loan at a stupid rate of interest (long story) but I’m currently seeing that whilst my monthly payments aren’t changing I am sometimes being charged more interest than the previous month? I’ve checked and this has nothing to do with the amount of days in the month and my interest is APR so surely it should…
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Interest taken by banks before loan principal.
Hi, I recently tried to pay back a loan half way through the term. I found that the interest was taken in the first half of the term and the loan amount had not been touched at all! Should the original amount not have been paid from the first instalment onwards, along with interest? I feel I am trapped in this loan as it…
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Bounce Back Loand
Hello, today I came across something new about the Bounce Back Loans. I heard from a friend of mine who is self-employed businessman that he is in the process of getting the Bounce back loan but first bank asked him the tax returns of year 2018/2019 which he defiantly provided. Then bank ask him the proof of paid tax…
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Very large deposit car finance, poor credit rating
Hi guys, Im looking to purchase a £45,000 car (HP). However, I have very poor credit rating (3 recent defaults). Long story short, ex girlfriend maxed out my credit credit (£1200) and also taken out a loan of £1600 in my name. Both I wasn’t aware of hence the break up. Long story which I’m not really wanting to get into. 2…
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Financed Car was crashed into, only have third party fire and theft a
Hi guys i need advice, my car (Peugeot 107) was crashed into by a cab driver on Friday on my way to work, it flipped and the sides were damaged as well as the roof, I’m pretty sure it’s a write off, it’s on finance and only just got it. Insurance is third party fire and theft, I don’t know what to do because if the cab…
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MYJAR/ 247 Moneybox/ Hoist help please
Hi folks, have been in the processing of sorting out previous debts and what not for a long time now. Without getting into my life story as to why or what happened that I ended up in this situation I'd like some advice and help please. One of these was a payday loan with MYJAR which I originally took out on 01/05/2015.…
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Pay day loans
Can anyone recommend a pay day loan business I need small loan That I can lay back in 5 days the minimum terms seem to be based on 3 months