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Is this a good idea?
I've just had a phone call from my bank regarding my current loan with them. At the moment I have a loan with an interest rate of 14.9%. There is about 8400 left on the loan and 4 more years of paying it off. The woman at the bank said she think she can re-jig it so that I can re-finance that loan along with my credit card…
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Full & Final Settlement
Can anyone recommend a good practice for negotiating a full & final settlement on a loan. Being asked for just under £10k for early settlement on a £15k balance. Cannot afford repayments anymore - can only get around £7k which is around 30% less than asking. Is it better to telephone first then write or simply write. I do…
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Egg reduced my interest
Hello everyone. This is my first post. Tried to look for this subject so please forgive me if it's already been said..but I wanted to let you guys know that Egg just reduced my interest over the phone. My loan (stands at around £7K now) was at 7.7%. I asked for a settlement figure to pay it all off and the lady says "why…
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student loan
Hi Martin, i just signed up on this site and i'm wondering if you know any alternatives to student finance as i've been told i'm ineligible because i've only been in u.k for not up to 3yrs. thanks, Will
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0% Finance really worth it?
Looking at the vauxhall offers they have 0% deals on the new astras which I one day intend to buy. My original intention was to wait for a few months saving a deposit and taking out a loan. But I dont quite understand this option Taken from the website- Typical 0% Choices Finance example:: Term: 39 months On-the-road RRP*:…
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Do you know if I can pay off Egg loan with marbles credit card?
I asked on credit card boards but didn't get reply. Does anyone know if you can send a Marbles credit card cheque to pay off an Egg loan - in effect BT it to the 0% credit card? Anyone paid an egg loan with a credit card cheque?
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Advice on Car Hp Agreement
Hi, Ive just bought a used car on HP. Basic price £7499, what dealer said he would sell car to me for. Traded in my car worth £2800, was already on HP owed £2526. So had £274 placed againist £7499 plus put a further £100 deposit. Took figure down to £7125, had to pay road tax £104.50. So figure to finance £7299. All this…
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Overdraft Query
Hi guys, Was wondering if anyone can give me any suitable advice re my overdraft. Basically I have a current account with Natwest, my overdraft is for £1000 and the charges are crippling me. I have read about super balance transfers, but don't know if this is the best plan of action?! I also have a Post Office CC which…
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Credit Score
I posted recently that I was surprised that my personal credit score for a loan with LLoyds went up to 24.9%. Also they have risk indicator for their customers ranging from 0 to 9. The highter the number then you are deemed more of a risk to them. However after being in the 1-3 area for years I am suddenly a risk 9 and no…
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Will I get accepted for a loan?
I recently turned 18, I have lived in my house (with parents) for over 11 years, have a landline phone, bank account for 3 years, earning £12kpa, I have a Morgan Stanley Platinium CC and Nationwide CC. What is the chances of me being accepted for a loanof £12k? The provider I had found was Sainsburys Finances, at about 6.5%
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Natwest response times
Hi all Sent in my final forms to Natwest after having got an agreement in principle over the phone. They should have got them yesterday. Anyone know how quickly they turn things around? Cheers
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Default on Career Development Loan, advice please
Please could somebody give me some advice. My son is currently at university in the USA. A couple of years ago he took out a Career development loan with Barclays bank to help with his studies, amounting to £8000. When he signed up for it he stated on his application form that he would not be able to start paying the loan…
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career development loans-any better options?
hello so... i have just started a post grad, 1 year course. i have no income and need about £1500 for just 6 months. i am eligible for a 'career development loan', but they don't seem very competitive and many people get refused. right now i have a £1500 interest free student overdraft which is nearly maxed. i will be…
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Unwanted Protection
I took out a loan with the RAC. After answering all their questions and deciding that I could have the loan I wanted they then tried to sell me Payment Protection Insurance. I told them that I didn't want it. Then a courier came out, and as he would only wait a limited time (15 minutes) I ticked and signed all the boxes…
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Loan decision reffered
l have apllied for a medical loan over the phone this morning. After being kept on hold for about 5 minutes for a decision l was told it has been referred. Anyone knows what that means, did l not meet their lending cretiria?
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appointment with barclays PPI removal please help!!
I've got an appointment tomorrow at a barclays branch to try & cancel the PPI on my loan. I've tried sooooo many times in the past but am always told i have to cancel the agreement & take out another loan. I got Barclays new terms & conditions for their PPI the other day:rolleyes: and it states quite clearly that you can…
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Equity Release for homeowner
Hello all - I hope I haven't posted this in the wrong place. My mother is having problems with her house. The roof basically needs replacing and there's a lot of penetrating damp all over the place (i.e. crumbling, damp plaster on walls). My question revolves around equity release, which in my eyes is a loan in another…
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IS THE LOAN CO COMPLYING WITH C.C.Act
A loan taken out Oct 03 then lump sum paid off in Nov 03 stupid I now but, I understood it to be rearanged and that I hade no pmts for 2 years. I have now found out that they have held the pmt in advance ? of no benefit to me at all. I have requested to pay weekly when i get paid my monthly payment is £223.69 they are…
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Rescheduling a Morgan Stanley loan
Hello, The wife and I are trying to reschedule a loan with Morgan Stanley (which is in her name) to make our monthly payments more affordable. We recently tried to increase the value of the loan (which they unfortunately refused), and now they are telling us that they cannot reschedule the existing loan because we have…