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Loan or Mortgage + Cahoot + 0% credit cards
Heres the dilema, I have a flexible mortgage with A&L of 38k on a home valued at 80k (approx) this interest rate is 5.7%. I also have a personal loan of £12k with Liverpool victoria taken out exactly 1 year ago with a term of 4 years. The interest rate on this is 7%. Should I pay the loan off and transfer it to my mortgage…
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Cannot cancel payment protection on LloydsTSB loan
I took out an £8000 loan over 60 months from Lloyds TSB to go towards a new car. I applied for the loan in my local branch, when asked if I wanted payment protection I said yes - better safe than sorry I thought. I am now about 7 months into the loan and realised how much this payment protection was costing - in total the…
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We are in debt- any tips?
Hi all, We have been trying to money save for the past 3 months since finding out about this website. We've done the following: 1) Moved to TalkTalk and use 18866 and saved £££ on our phone bill. 2) Gone through to Orange Retentions and cut our mobile bill. 3) Changed Gas and Electricity supplier using uswitch and saved…
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just started
hi all, any help would be great help,i have just started to get my finances in order.i've written to experian to get my credit history i am currently writing my incoming and outgoing expendeture and i am panicing cos im spose to be getting married in july next year!! am i going about this the right way as i get a small…
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Full & Final Settlements
I have unsecured personal debt (predominantly credit cards) of one and a half times my gross annual income. Fortunately I also have shares worth about half of what I owe. I am intending to use this to fund full & final settlement offers to ten creditors. I have done a search but only found one thread mentioning FFSs. I…
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Egg Loan
This is sort of a cart/horse situationbut I've racked up £10000 worth of debt over 4 cards. The 0% time on the cards has run out and I have found it difficult to get cards to switch the amounts to. This has meant going back to the 16-18% interest on the debts and I have just been able to pay the minimum amount of all the…
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!!!!!!
I have £28.000 outstanding debt with three debt collection agencies, have repaid £12000 over previous four years. I will receive a lump sum in January, which will be enough to settle most of it, but not all. If I suggest !!!!!! to them how much by your experience will I have to settle ( in % ). Please advise if you have…
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£20,000 in the red - HELP!
Hi I'm a newbie here and hope that someone out there can help me. I owe just over 20k - 13k to my bank and nearly 8k on 2 credit cards (now up to their limits). Now, I'm not on the breadline but I don't own a house so have no security. I approached my bank about a top up loan to clear and get rid of my CC's, as my loan is…
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Sinking in debt and dont know what to do
Got left a bit of debt by live in partner, Consolidated over the years and now its spiralled out of control. It is also now all my own. 4 loans and 9 credit cards to the tune of 92k.. Been sick with worry for months although managed to keep up the payments until now. Can no longer manage. Total outgoings are 3084.34 per…
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13 months til debt free ness!!!
;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D Check out my previous post from a few months ago.... http://forum.moneysavingexpert.com/cgi-bin/yabb/YaBB.cgi?board=Debt;action=display;num=1090938851 Now I am pleased to say that I only have 13 more payments until im debt free (whooooo!!!) - and on 1 Dec, it will…
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Buisness or Personel Loans Which?
I'm looking to set up an small buisness, that would require £12,000, to get up and running. Can anyone advice at to what is the best option for this funding? Would it be a Business or a Personel Loan, and who would be the best people/ bank to approach. Thanks :) :)
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Debt burden stopping me travel
Hi I'm in a good job, single, own a house a car etc but am really bored, and feel like I'm on a hamster wheel. I want to go travelling for a year (at least) but am a little tied down by some personal debt I am going to sell the car to give me cash with which to travel, and I'm going to let the house to friends to pay the…
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Please help my mum
My mums just said to me today that she's in a lot of debt bless her and she's scared to tell my step dad. She's in a bit of a state, apprently the bank has called her today to tell her that the minimum payment for her C/C can not be paid because she's up to her limit on her overdraft and she's also up to her limit on her…
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Switch loan to credit card?
Would I be better off switching my Northern Rock £9k loan over 10 years @ 6.4% (£109.18 p/month) to a low life of balance credit card such as Texaco? I can't work out the sums. Thank you to anyone who can advise
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Flexible Loan Suggestions
Hi Everyone, I'm sure this has probably been discussed many times previously but, other than Cahoot, can anyone recommend any flexible loans? I am trying to buy a new car but I still have 1 year left to pay on a previous loan. Therefore, a flexible loan would be handy as it would allow me to pay lower payments for my first…
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unsecured loan with adverse credit rating
I am trying to get an unsecured loan to consolidate my existing debts. With much difficulty. Yet every time I try I get rejected due to having adverse credit rating. I feel with one loan covering my debts I could organise and manage my accounts much better. Has anyone got any advice? ???
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northern rock loan application
I recently applied for a northern rock loan and my application was turned down - I did not meet their criteria - though they can't tell me what thier criteria is. I have never been in debt & pay all bills on time - my credit cards are paid up in full every month and have a zero balance. Before applying I checked my credit…
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Full and Final Settlements
i am slowly paying off my debts of aourn £25k to 7 companies. 4 of have now agreed full and final settlements and said they will mark my credit file as "satisfied" However i just called barclaycard with regard an other i made to them, they said they never recieved the letter (as usual), it was for 60% and said they would…
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Cheapest Credit Report?
Does anyone know Where is the cheapest credit report available from?
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Serious Debt and I don't know where to turn
After becoming increasingly frustrated with my previous job I left and got another job but it involved a serious drop in salary. During the last 6 months I have been subsidising the deficit in my salary with my credit cards. It has got to the point now where I am really stuggling to keep up the repayments on my cards and i…
