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Risk another loan?
I applied for a £25k loan to buy a car as it was cheaper than the finance from the car dealership (loan rate 6.2% Tesco). They text to say it had been accepted but the rate on the letter than has come through is 8.7%. The letter says they will do some final checks once they get back the paperwork. Do I risk applying for…
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Secured loan with Picture home loans
Hi all Found out recently a charging order was placed on my property over 6 years ago by picture home loans, however due to it not showing as default even though no further payments have been made since 2018 I'm unsure how to get this sorted and removed off my credit file or even if I can. Been to FOS, FSCS,ICO etc however…
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Car finance cooling off period
Hi all, I took car (PCP) finance through a broker, the garage on day of collection said car faulty electrics and unable to release car as couldn't solve issue and said best look for something else, so I informed my broker and finance provider which is now 12 days ago I wish to cancel during 14 day cooling of period, they…
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Apple / Barclays loan
Hi - I recently applied for the interest free loan for a new iPhone on the Barclays / Apple offer but was declined, I have a good credit rating, no debts, or missed payments. I have been in same job and lived in same property for last 6 years so I don’t know why I was declined. I spoke to both Barclays and Experian to see…
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Welcome Finance charge on property
Hi all, looking for advice on how to remove a charge on my property from a Welcome Finance loan. The loan was fully repaid over 12 years ago, unfortunately, I have lost any documents to confirm this. Have tried contacting administrator, they put me on to a random finance house in Luxembourg who failed to engage at all.…
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Best rate
I have one credit card and 1 loan total £40.000. They cost me £1,191 per month. Would I be better trying to pay off with a lower rate loan?
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Loan to 0% credit card transfer
I'm currently paying £170a month on a personal loan the loan ends I 12 months. I would like to transfer it to a 0% credit card over 24 or 36 months to reduce my monthly payments, can this be done?
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DMP and credit union
Hi all Im just starting out my self managed DMP journey. I stopped paying for all credit 3 months ago 3 loans I credit card. I didn’t realise my one loan was a credit union? My community finance? I’ve been getting letters about it defaulting and then a formal notice. Nothing on credit file yet. Am I wrong in thinking I…
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Moved: Student Finance Appeal for Second HND – Cybersecurity vs Songwriting
This discussion has been moved.
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Pay back or get new loan
We took out a loan of 25k back in may for some house repairs. Over 5 years paying back £525 a month. The APR is 9.9%. We are now in a position to pay back around 10k of this. Question is do we pay back 10k and continue with the loan, or once paid off the 10k, take out a new loan for the remainder, which will drop the APR…
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Boiler via finance not installed properly
I had a boiler installed 2 years ago by a company that has now gone into administration. I have recently started having issues with water hammer which I am advised would be sorted by having a limescale remover and a mini expansion vessel fitted. The documentation I had from the boiler installers indicated that these were…
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Loans for people over 75
How can you obtain a loan when you have reached the age of 75 have no mortgage but own your own home but do not have any spare money to pay for a new roof on your house?
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Loan to family member and repayment
Not sure if this is the right board, please move it, if not. If I make a personal loan to a close family member and they make repayments of between say £500-£1000 a month into my bank account, does this have any implications for me? Is there a better way to do it? Repayment period circa 24 months.
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Black horse commission claim
Hi everyone, im after a bit of info to see if anyone else’s is having the same thing happen. Last feb/march time I emailed black horse using the template with as much info as I had. I got an automated email almost straight away. Since then I’ve had a monthly email saying the same thing. Along the lines of “we have your…
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Extortionate interest
I’ve got a personal loan with Transave at12.9%apr and the current balance is around 12k. I’ve just had a look at my transactions. I’m paying back £53 a week but £30 a week is being gobbled up by interest! Surely this can’t be right? I will be paying this back for the rest of my life if only roughly £23 a week is paying…
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Borrow more to cut interest rate and repayments, but extend the term?
Just under 2 years ago, I applied and got my first ever loan for £13.5k from NatWest, at 11.9%. After making consistent repayments(And managing a credit card as sensibly as possible) my credit rating has risen, the remaining balance is £9.5k and now NatWest are sending me adverts asking if I want to borrow more. I've had…
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Klarna fraud still "investigating" and refusing to sign for letters
Earlier this year someone at Royal Mail was intercepting my post, which included my personal details. Royal Mail has admitted to this breach. There were several attempts to apply for credit cards in my name which were thankfully denied. I only found out because one of the letters for the fraudulent credit card application…
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I have a new car but weeks later dealer says I have no finance
As the title suggests, just over 3 weeks ago I bought a new car and part exchanged my old one as part of the deal. I used some of the value of the p/x as a deposit for the PCP deal and was due thousands back in cash back. I haven’t received the cashback for my p/x so have been chasing this with the dealership. After weeks…
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Need advice on Loan and how to refinance….if possible.
I bought a house 2 years ago and have extended it, as well as done a lot on the interior. I used savings to do this had “uh oh” money set aside. All seemed well. I ran into some structural issues so had to make a choice of using all my cash (only 70% through the build) leaving me very little money, or get a loan. I chose…
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Car Finance Claim
I leased a car in 2016 and I received today a cheque from a car company for compensation for car finance claim, but unfortunately my company now does not exist so I cannot pay the cheque into my account as it is now closed. I phoned the company and basically they cannot reissue the cheque to me even though the address is…
