-
big problem need help
My Dad was diagnosed as having brain cancer. He has been off work for 6 months now and wont be going back for at least another six. He has no mortgage but a couple of months before his fit (thats how we found out, huge fit)He took out a loan and payed of the mortgage and some other debt. the loan is for at least 10 grand…
-
Can I cancel Protection
I took a £2k loan out in December, I don't start repaying until March. At the time I took out payment protection which costs £200. I was sent out a bill protector acceptance form, and it says it had to be recieved by 11/01/06. I've not done this. I no longer want this payment protection as I can get it cheaper elsewhere.…
-
Where to get a loan?
My brother and sister in law have just brought their own place (both 21). They have lived in the house for 3 months now and need a loan (£15k) so they can renovate the house (requires a lot of work!). She is employed and he is self employed (self cert'ed for the mortgage). He doesn't have 3 years of accounts. They have £15…
-
Nationwide Loan
I'm buying a 2nd hand car and I'm opting to take out a Nationwide personal loan at 6.7% APR. Going witht them as the APR is fixed, Ive seen offers about for 5.5% but its subject to my credit rating. I dont want to apply for the loan then get called that I am not eligable for the market leading rate and then get offered…
-
Career Development Loans
Career Development loans are deferred payment loans which are intended to help people fund their vocational training. The government pays the interest charge from the beginning of the course until one month after it is completed. I have been researching these recently and find that the rates of interest charged by the…
-
The great 'No redemption penalty' Ripoff?
I'm currently looking for a loan at the moment to furnish myself with a new car & motorbike. Been looking around, Egg seem to have the most flexible i've come across, i.e. no redemption penalty, ability to make adhoc additional payments, payment breaks etc, but their interest rate isn't the best. I applied for a Northern…
-
self certification loan, secured 100%+ help needed
Hiya all, I’m new to this forum. I come seeking advice and help. I'm looking to get a secured loan for 40K I currently earn 60K but am classed as self employed as I work in IT and electronics as a contractor. The problem I have is everyone says yeah we can help, but then it comes to crunch time they turn round and say oh…
-
interest free loan???
As Baldrick would say I have a cunning plan, Apart from my Mortgage I am debt free and need to raise £12,000 for an investment which i want to pay off over 4 years with low or no interest i do not have enough Limit on my credit card to help. My Mortgage is one of those current account decreasing overdraft types and i am…
-
I need a short term loan now!!!
I've got myself in a bit of a situation here and would appreciate some advice. I currently have two mortgages. One for my family home which is in joint names with my partner at £615pm and the other which is a flat and is in my sole name at £290pm. A friend lives in my flat and covers the mortgage but he has just informed…
-
Your own Bank.. How realistic????
Hi, I have a bad credit score, but for the last few years I have kept up with all payments, direct debits, not gone overdrawn etc... However I do have a couple of credit cards and one loan that are quite high in interest, and would like to take out a loan so that I do not have to pay this kind of interest. How realistic is…
-
Lloyds TSB 6.4% Loans
Hi I can't help but notice that Lloyds TSB are now offering loans with a typical APR of 6.4%. However, I do not notice them really getting a mention on either here or the MSE site itself, is there any reason for this? What are peoples views on Lloyds TSB loans and is there any major early repayment charges I should be…
-
Question about Loan Repayments
Hi Can anyone answer this question ? I was under the impression tht interest payments got lower as you paid off your loan not higher ? Or is this because the number of days in a month dependant on what month it is ?? Please can someone advise before i ring barclays and make myself look stupid ?? Thanks
-
Need some quick advice
OK this is a slightly complicated story. A company in which I'm a major shareholder is in the process of getting sold, my proceeds from the sale will be substantial in the mid six figures (and no tax implications as I've held the shares over 5 years). Unfortunately (for reasons I won't bore people with here) the sale was…
-
Loans Disscusstion
Loans: A loan is a type of debt. All material things can be lent but this article focusses exclusively on financial loans. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower. The borrower initially receives an amount of money from the lender,…
-
can you help me with my master plan?
Hi, I'm new here so thanks for any advice. I'm trying to help my girlfriend out. We are happy with the trust side of things as we have rented together for 5 years & have just brought a house (well mortgage obviously) 6 months ago. Is it OK to post personal financial information on here as long as me & my girlfriend don't…
-
Loan Repayment Question!
Hi guys, As you may have seen from my other posts I am desperately saving to buy my first house!!! I have always had a budget account which works really wel for me but after reading Martin's book- I decided to look carefully at my out goings!!! My biggest outgoing at the moment is my loan repayments for my car!! Hopefully…
-
loan agreement advice
hi im new here im looking for a little advice,i recently applied and was accepted by egg,com for a unsecure personal loan of 9000 at 7.9% APR,im quite happy with this.im useing this money to clear my £1500 overdraft and and existing 5000 loan,i have never missed any direct debit payments on this loan of my car insurance…
-
Lack of options for salesmen/women
I am in a little (but manageable) bit of debt at the moment and I am trying to get everything in one lump so I can just pay it off at once. My problem is that I work in a sales environment. Whilst my take home pay with commission is usually £2000-2500, my BASIC is only £1100 a month, which after tax obviously works out…
-
creditcard?loan????
:confused: i have a car loan of £3700 & a credit card of £1900,i am trying to consolidate the two to get the monthly payments down(car loan £190,minimumpayment so far £40 on credit card,)what & how do i do this,please advise!!!!
-
Barclayloan
I have a bog standard Barclay loan taken out in Dec 03 Started repayments Jan 04 Now then I dont have a lump sum to pay this off all at once at the moment, current out standing balance is approx £2700 However i do currently have £750 and am able to make small iregullar extra payments which will prob grow each time i amke…