-
Car finance (option to purchase)
Hi, first time posting sorry if it’s long winded. in August I had a car on finance and needed rid of it and chose to part ex. I used trade centre… wish I hadn’t but it was desperate times. My grandfather was on end of life care at home, I was helping to care for him but I’m also a mum. I was taking my children to school…
-
Repaying loan early
Hi and happy new year to all. We have an unsecured personal loan with around 4 years left to pay. Recently came into a small sum which would enable us to pay this off in full. Is it right that we should leave a small amount on there to avoid early repayment charges? And if so, presumably there’s a minimum you have to pay…
-
PCP refused as won’t use Open Banking
Hi, BMW finance has turned wife down as she won’t give permission for Open Banking. document says use link to sign up or provide last three bank statements, which we have done. response has come back as there is not an affordable issue but an identity one. We’ve offered to supply any information they require but this is…
-
Can I apply for two loans at once?
Would applying for two loans at the same time, in case one of them doesn't accept me, affect my credit score and chance of being offered one of them? I've checked my eligibility and have a good chance of being accepted, and have a very good credit score. Also I'd like the option of choosing between two interest rates if…
-
Personal loan in someones name.
Can a dealership take out a personal loan in somoenes name through vehicle finance to cover negative equity in a vehicle trade in deal without advising there is a personal loan.
-
Provident Claim Portal
I have been gong through the Provident Claim Portal to try and claim back some money for my Mum. I received an email today which says 'Your estimated Total Compensation Value is: £144.66 to £217.00.
This is calculated as £3616.59 x 4 to 6 pence in the pound = £144.66 to £217.00. This seems a very small amount. Also there…
-
Dualogi fixed sum sold to NCO Europe - early settlement
My fixed sum loan agreement with Dualogi was sold to NCO Europe. The loan agreement is up to date with no missed payments. I requested an early settlement from NCO and they have given me an amount but have said that this will show as a "partial settlement" on my credit report. Is this something they can do? It's not as if…
-
Paying loans when off sick
Is there a template letter/email available, to send to creditors to ask for a 'grace' period when off sick (following an operation) for a few weeks?
-
Unemployed loan with Santander
I just applied for a loan online with Santander I’m unemployed but on disability benefits and have good credit history. Will I be accepted? Or do all banks refuse on unemployment?? any one had any luck?
-
Should I let bank know I'm receiving funds
I have roughly 12.5k debt my friend is lending me money until end of January when I get my inheritance. Should I explain to the bank and ask them how long they will hold the funds for inspection. I will pay paying him back straight away when I receive it. Or should I say nothing. I have the loan agreement and creditor…
-
Settleing car finance early - Any claw back to the dealer?
Hi Guys, I bought a car on finance with MotoNovo from an independent dealer three weeks ago. Since then, I have found myself in the position to clear the finance. My question is, will the dealer lose his 'Introduction/commission fee', which is £750 according to the paperwork I signed during the sale? Sorry, I can't…
-
Tesco loan
Hi all Im considering taking out a Tesco loan for £20k for new car purchase @ 6.1% and am just looking at 5 or 10 year options. I am going to be paying off the loan within 6 months as just awaiting probate going through. My question is I’ve never taking out a loan before but would I be better off taking 10 year option with…
-
Car written off, on finance, no insurance payout
A member of my family has written off his car and the insurance will not payout. What are the options?
-
Aviva - Lifetime Mortgage
My elderly mum took out a small (£20000) lifetime mortgage with Aviva, the strategy was to pay the interest so it didn't accrue. I have the LPA (finance & Property) which is lodged with Aviva. Yesterday I tried over the phone to pay £500.00 from my account to clear the accrued interest, which I had done previously, but…
-
Provident Claim Portal
Hi has anyone been able to log into portal or have received their refund. Was advised end of last year I'm sure would receive payment from portal in last quarter of 2024. I can't get logged into portal now and not received anything yet. Has anyone had any success? Thx
-
Waiting on Insurers to do their thing!
My car died a death in a flood two weeks ago. Rang thenunsurers whilst I waited for RAC rescue-they told me they would reimburse me the hotel and recovery lorry costs and to send invoices in. They said they would get my car looked at and start the process of fixing or sending out a cheque. Two days later someone from their…
-
Best course of action for paying off the rest of this Loan
Good day, MSE Hoping to get some opinions on what to do next. I took out a Te$co Loan of £20,000 (£23,959 including interest) @5.2% over 7 years. Monthly direct debit is £285. I let the loan payments run their course for about a year. Then earlier this year I had my financial light bulb moment and started overpaying so I…
-
Klarna intrest?
Hello, this is my first time posting here.I'm just wondering if anyone had advice or opinions on the situation that I'm currently facing. I took out a contract with klana to purchase a Samsung phone, this was a four-year fixed term, interest free agreement, where I should be coming up to my final payment soon. I logged…
-
HSBC loan one-off overpayment not being calculated
I have a HSBC loan over 60 months. In October I made a one-off overpayment by bank transfer as instructed by their online support chat.I expected in my banking app I would be able to log in and see that the number of monthly payments left to be reduced — but this is not the case. If I divide the number of monthly payments…
-
car purchase not new one best way
Hi This on behalf of my x as she just passed her test and looking for purchase a car Would be cheaper to take a loan out once you now price or take on monthly basis payment for the car in question Hope the question makes sense please advise if need any further info
