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Consolidating debt to mortgage
Hello, This is my first post so hope it sounds ok?? I have about £13k off debt and have just put my house on the market and a sale has hopefully been accepted already!! On selling the house I have made £61k (sadly only on paper though isn;t it?!) but I would like to know if it worth adding my debts which are a loan and a…
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personal loans
:P Does anyone know of any good deals around for a personal loan. I'm looking for £25000 personal or consolidation loan with low apr over 15yrs. Any info would be great as I am boggled with all the offers. thnx
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Confused on Loans
Hi all, this one has really puzzled me ??? My other half has two loans for which he has lost the paperwork. We're trying to sort out his finances, and so went to the bank holding the loan as we want to repay these early to reduce the overall interest paid back. To try to sort this we went for a meeting with the bank. After…
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Rule 78 and Paying off Loan Early
Hi Everyone, Firstly just to say I have found this website amazing eye opener ! I have a Loan with RBS, I have the money to pay the loan off now and was surprised to be told that it would not be of any advantage to pay if off early as interest is calculated using Rule 78, therfore the interest is calculated up front. Has…
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My first spending diary
Hello! Well, I've just experienced my first month of consciously trying to Live Below my Means to try and get out of debt. I kept a spending diary and wrote down every little thing I spent my cash on. What an eye-opener! (If this is the wrong forum, please tell me!) Background info: I am a 24 year old journalist (hence…
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Anything missed? Answers on a virtual postcard!
Ok, I have posted a few times with more specific questions, but I just want some new eyes to scan over what I have done so far to see if I have missed any other money savers. I apologise in advance if this post turns out to be long/boring or same old thing you guys see everyday (always the optimist, me!lol!) Here goes:…
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Halifax Loan
My partner has a loan with the halifax, and still has 3 years left on it. He recieved a phone call from them asking if he would like to take out another loan to cover the existing loan and have a bit extra to play with. All at a very good rate it seems. He decided to go for it, and it all got excepted over the phone and…
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Improving credit after Bankruptcy
Four years ago my husband and I had to make ourselves bankrupt. We have now got ourselves sorted and have a fixed mentallity of "if we don't have the cash...we can't have it". But saying that it is vertiualy impossiable to do certain things with out at least a reasonable credit limit. we can not change energy supplier…
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Halifax Loan - Typical 6.7%
Halifax are offering online loans with a typical rate of 6.7% for £7000 and over. Below that the typical rate is 9.9%-15.9%. Doesn't sound too bad to me. There is also a 2-month repayment holiday.
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What went wrong?
Hi all of a sudden i am begining to get refused credit. I know this does not make sense, but i applied for an insurance policy and was refused , i didn't really think a lot of it at the time, "saying there are plenty of other company's that will want my business, but then i applied for a catalogue that i do want and i was…
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make money from a loan????
hi all with some loan rates at all time lows is it possible to make a profit form them by sticking them in a high interest account? northern rock offer a fixed 5.8% upto 25k and there are some bond/term savings account over 6% so surely it's possible to make some profit? i'm new to this so i might be overlooking something?…
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Debt action - second opinions pls.
I would really appreciate your second opinions, as I don't know what to do for the best. Basically, I've got £19,000 of debt - £15,000 on credit cards, £2,500 on loan (taken to pay tax bill :( ) and £1,500 overdraft. I had a telephone interview with CCCS yesterday. They suggested the route of them contacting my creditors…
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No credit allowed
Hi there, I tried to start a small business a few years back but it went bust. I ended up with a few thousand in debts which I could not repay. Since then I have become a mature student and have no income apart from my student loans. I can't get any sort of credit. No overdraft or cards or loans. As a student I spend most…
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Please Help
I currently have 2 loans, one with cahoot which is flexible for £6500 paying back £150 (13.9% is think) a month but always end up taking out about £60 each month (balance is still £6500) as we dont always have enough money to pay all the bills. The other is a car loan which i owe £5453.12 (11.9%) & at the end of the loan i…
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£3000 loan - Bad credit rating
I have a poor credit rating but I am gradually clearing the creditors. Unfortunately, due to the distance to my place of work I need to buy a moped for transport. I can't afford to pay cash and a loan is my only option. I am a home owner but don't want to take out a secured loan. Am I going to be able to get a loan and if…
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Is it possible to get out of an IVA early?
My partner is currently 3 and a half years into an IVA with a company called Shaws. She recently worked out that with their fee's, and the payment increases, she would be paying back more than the original amount, despite the IVA supposedly reducing the debt. She has enquired about paying it off early (just sold my house…
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£14K loan
Hello I am considering getting a £14,000 loan. I would be grateful for some advice as the £14K will be used to clear my girlfriends debt . She would then pay me back monthly with a bank standing order. She is looking to pay back £300 a month. I have never took out a loan and have worked for 9 years and now have a salary of…
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Capital Bank (HBOS) Loan
Has anyone dealt with Capital Bank before (a wholly owned subsidiary of HBOS Group) and do you know if there are early redemption penalties on their loans? My car loan is with them and the APR is not particularly competitive.
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Credit Card or Loan?
I have just purchased a car £3000 on my Halifax One Card 0% until 25 Nov 2004 My question is this, should I just jump from 0% to 0% Card, or go for a life long balance transfer card, or a low cost fixed loan? Im looking to repay aprox £100 per month Is there any difference in principle between a loan and a Credit Card?…
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Credit score of 391 - who'll give me a loan?
I did an on-line enquiry with Equafax who say my credit score is 391 which is apparently average. can anyone tell me whhat company is most likely to lend to me? I have no defaults or ccjs but have a few late by a week payments.