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Student Loan solution or not
£30k Student Loan - I plan to clear my son's Loan from my ISA. He will repay me @ £150 for 15 years. I will add £150 extra to my pension @ 40% tax relief. He avoids 6% APR on his loan. I lose approx 6% increase iny ISA growth but get 5 years of tax relief @ 40% then 10 years tax free income from him = £150 /month. I sleep…
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Amigo loans compensation scheme
hi could anyone please help me out on this... I'm completely confused. Many thanks
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County court claim after irresponsible lending claim
Type your Looking for some advise on a loan agreement after the loan was upheld for irresponsible lending by original creditor then the remaining balance sold to a debt purchaser who is persuing the debt through the courts. would the credit agreement be void or nullified under the consumer credit act as the debt it relates…
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Shawbrook loan
I took a loan out with Shawbrook in October 2016, and just wondered if there was extra charges, a bit like the car finance, I cannot log in on line with Shawbrook to check the account due to getting the loan in 2016, I can only call get a settlement figure not much more.
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Secured debt consolidation into mortgage?
Hoping for insight. i have my mortgage with Halifax. Due to remortgage soon. Will Halifax allow me to move my secured debt consolidation loan into the mortgage?
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Credit card or Phone contract best option for me
I need to get a loan around £10,000 at my bank in September - October. Need it really bad so I am kind of desperate for some detailed advice. Despite that I've been with the same bank for over 10 years, my credit score states 'excellent' on Experian and I've been with the same employer full time for 4 months (and will be 6…
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BLS Legal telephone number
I am trying to contact BLS Legal by phone. They are the collection division of Lloyds Bank. There is a charge on our property from when I defaulted on my overdraft 15 years ago. I have found the CCJ reference number and want to speak to them about it. Ironic really. all the times I wanted them to ignore me, now the shoe is…
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Suggestions on how to best proceed
My situation in summary is: * I have a mortgage of about £6,000 left to pay off on my house * I have been out of work since the pandemic (over retirement age now and cannot find employment) * My pension pot (accessed through draw-down) is about to run out in the next two months, and I have no other savings * My house…
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PCP Advice
Currently nearly one year into a PCP. Have often done this route but in need of some guidance If were to renew or change manufacturer, current equity due to rebate is around £5K. For renewing there is a further £4K deposit - making PCM payments a bit more than current but okay Switching manufacturers, similar PCM payments…
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Question about loan
Hi all, I hope you are well. I’m asking for advice in regard to getting a loan. I’m 28 and 9 months ago I got a 5 year fixed mortgage with my partner. At the moment I have a balance of over £1,000 with Monzo Flex, literally everything I pay for I got into a habit of flexing. I have been trying close to a year and I just…
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Moved: Honours Student Loans
This discussion has been moved.
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Kitchen finance - credit check
Hi everyone, hoping for a little advice! I have recently bought my first home (woop!) and then kitchen needs redoing. I've basically got no money left after the house purchase and was looking into paying monthly/paying in a year options for getting a new kitchen fitted. I've been looking at companies online that do this,…
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Equity release and care home fees.
Hoping this is in the right section. Our house is mortgage free and it has been a long time desire to own a campervan so we can travel and enjoy retirement to the full. We are both in our mid 70's and in fine health (touch wood). I have read about equity release which could pay for a campervan, but one thing about it…
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Best option to finance £4,000?
I need some drainage work doing in my field and today was quoted £6,000. I only have available £2,000. What's the best way to finance the rest? I know - save up - but it has to be done before this winter. I don't have any current debt, no mortgage, loans or cc.
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PCP balloon payment help needed
My pcp contract is coming to an end.. I have some saved to buy the car but not all so I have to either borrow if get a one. the problem is my 5 year fix rate on my mortgage ends next April so I need to remortgage to a new rate. is taking the loan out going to damage my credit rating now so I wont get the best deal on my…
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Forced to sell home- How to pay for repairs on no income before sale
Hi all Looking for advice on some sort of loan, not entirely sure if this is the right forum area. The meat of the issue is this: I have been unemployed since Oct 22, through both physical and mental health issues, that are not relevant to this, except to say that my credit rating is a graveyard of missed payments and some…
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Advice on PCP for car
Hi all, I unfortunately got a CCJ by default. I've appealed to the court using the N244 mechanism and the court granted a stay of the judgment and set a hearing for November this year. The other side were told that I was submitting the N244 and so it was submitted with notice. However, they still proceeded to take the car.…
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Advice on car loan
Hello, I have a car in mind in which I will need to borrow £15,000 with the rest of the money coming from my deposit - £12,000. The car is a September 2023 plate with Manufacture Warranty until September 2026 and has 6,400 miles on it. This is from an Approved Dealership and the car has a reputation of good reliability. I…
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Best way to manage credit cards - consolidate or split?
I have about £9k debt across 3 x credit cards and the 0% APR is expiring. I have 3 other cards with zero balance which I can transfer onto @ 0% for 12 months. Is it better to split the £9k across the 3 cards to keep % rate of usage low or to put all onto 1 card to make 1 payment a month? Trying to build my credit score…
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Pay off car loan with savings vs Saving into Cash ISA
Essentially, I have £6200 outstanding in finance on a 2017 Peugeot 308 GT Line (the car was purchased in June 2023, at £7.5k. I had a quite lovely 2018 Jaguar XE beforehand that essentially spontaneously combusted and had numerous issues so I threw the head up with it and traded it in with outstanding finance hence the…
