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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?
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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…
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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
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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…
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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…
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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…
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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…
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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
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Secured loan arrears
Hi, new here,I have a secured loan with arrears, that's just been passed from mars capital to intrum mortgages, as I say have arrears £11,000,have had a payment plan in place, been paying £380pm, recently did a payment review that was agreed, now I've had notice from intrum that the term for this loan ended in 2019 and the…
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Applying for car loan before clearing PCP
I have done the MSE loan eligibility calculator for a car loan of 15k which says I am guaranteed the rate. I currently have PCP on a car which is about to be returned and the pcp cleared. Will it make any difference if I apply for the loan now? Or should I wait until the PCP is cleared? Even if it gets cleared i will need…
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Getcred new loan/credit card company mt
Basically there’s this company called getcred offering mt and credit card up to 10k credit- I was wondering about consolidating- 19% interest but on the application it said it’s made me an account and is giving credit line accounts to people each month and I should wait my turn until a spot comes up/ it’s in the App Store…
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PCP Car Finance
Hi All, First time poster but hoping someone could help answer my question. I have PCP car payment on a car with 35 payments left at 11.9% and a final payment of around £8k in 35 Months I have been looking at saving some interest and can get a personal loan around 6% so I was thinking if it is possible for me to just pay…
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Debt Collector and CCJ
Hi all, I have received an email from a creditor to advise that they have passed the debt to a collection agency. They don't have my current address, so I assume they will be sending letters to an old address. I don't know if they will email me if there is no response to any letters. I am wondering, is there a given length…
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PCP final payment - high depreciation - negotiation
Folks - Got a car on PCP. It has depreciated like a stone, to the extent it will be worth far less than the Guaranteed Final Value (GFV) by PCP end. I love the car and would like to buy it, but not at the GFV. as I would lose 000s when I walked out of the door. If I hand it back the finance/dealership take the ALL pain of…
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Loan disappeared!
Hi, strange one this. I took out a 17.5k Post Office unsecured loan for home improvements in sept 2019, over 6 year period, so due for loan completion in sept 2025.I have just noticed that the last payment taken by direct debit was Jan 2023, though the DD is still open. Ive never defaulted on a payment DD request.On…
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Commerical loan for small business
Hi, Does anyone know if I will be required by a lender to hold professional indemnity insurance to take out a commercial mortgage on my business premises? Thanks
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Car Finance - paying off HP amount early
At the beginning of this month I purchased a brand new vehicle using mostly my own money plus £5k on hire purchase over 18 months at 7%. Without the HP I could not have made the purchase. With the HP I benefited from a manufacturers deposit contribution of £1k plus two services. I am now fortunately( and unexpectedly ) in…
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Logbook loan advice - Mobile Money
Hello, I wonder if anyone can help.. I took out a logbook loan in 2015(!) (aware this was silly but I was very young and stupid) I defaulted on the loan and at the time I wasn’t really that bothered about my credit rating so I let it fall into default and they just disappeared, I had to scrap the car about 2 years after…
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how to calculate the interest according to an old instruction (40 years ago)
Hello Would someone please show me how the interest is calculated according to the far below 'paragraph 1'? The initial amount (outstanding balance) is 10,000 GBP as of 08Nov2024 today. Would you show me the working for the interest and the resulting total amount payable in one year time 08Nov2025? Please give me any…
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Starting a business (personal loans)
Hello all. I am looking to start a business and I wonder is it possible to take out personal loans to do this. Will lenders allow you to do this? What options do I have? Thanks
