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Withdraw from PCP within 14 days
I'm just about to order a new car but want to take account of the manufacturer PCP incentive. If I want to withdraw from the finance within 14 days when does the 14 days start? I'm signing the finance agreement now but the car doesn't arrive for 20 weeks (factory order). Does it start when I sign or when I get the money…
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Short term loan puzzle
Situation: We own family house approx £350k Mortgage of £20k We have £470k cash We want to buy a new house for £530k (including fees, stamp duty etc), but only cash offers are being accepted. We need £60k. We are having house valued now for sale. Is in area that will sell quickly, but we will not be able to use that…
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Car Financed for Ex
Please can someone advise me. I stupidly got a car on finance for my now ex, due to him having bad credit. The finance is in my name but he is the registered keeper. He has paid for the car for the past few years but has not sent the most recent payment. If he does not pay, where do I stand? I don't have the finances to…
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Early repayment
I have recently taken out a loan for £7500 but have the funds to clear it. The lender is asking for £12000 to clear the debt even though I only took it out 2 months ago. Does this sound correct?
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How to put all deb on one ?
Hello, for several days I have been looking for a solution to combine all my debits into one. I have been paying off 2 credit cards + 2 loans for 6 months and have had no delays. I have previously repaid 2 loans on time without any debt, I have never had a late penalty and I cannot find loan debit consolidation anywhere.…
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paying off PCP early
Hi, I've recently entered into a PCP arrangement for a car. Its with VW finance and am now in position to pay the full amount and end the agreement. I am still within the cool off period of 14 days. Yes I know I should not have entered in this agreement...but I did. If I did pay the full amount owed will I lose the benefit…
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Mars Capital Secured Loan
Ill try shorten this as its a long story secured loan taken out 17 years ago for £35,000 with Advantage , sold to paragon then Mars capital. at one point has had a suspended possession order , when this was granted Paragon sold it to Mars capital..the judge did scold paragon for letting such big arrears add up. My arrears…
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Problem returning end of lease car
Hi hopefully someone will be able to advise: have had a Renault Captur on PCH through Renault Finance since July 2020. Decided to return early so paid fees on March 12 to terminate lease. Unfortunately car had at this point developed an intermittent electronic fault traced to its EPB by the dealer. They have tried now on 3…
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Getting in Best Position for 0% deal
I'm looking to buy some furniture later this year and there is a 0% finance deal offer. Even if I have the cash, I usually go this route to earn interest on the money in the meantime. But I have quite a lot of credit at the moment, and I'm wondering what I might do to put myself in the best position to take out this deal.…
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Credit report
Hi, I have just downloaded Check my file which shows all the credit reference agencies so I could make a note of all my creditors details before I tackle my debts. I have a loan with AA and it isnt showing anywhere on my any of my credit reports. Does this mean they never done a credit check when I applied? Thanks for any…
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Will new lender see car finance paid off?
I was in a car accident a few weeks back and my car was deemed a write off. The insurance company are paying off the remaining finance. I am on the hunt for a replacement car and with this I am looking to take out a new finance deal (the savings I have are for my wedding). On credit files I know it will take a while to…
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Still no payment
Thought amigo was meant to pay us out. I’ve still not had anything. Has anyone else
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Halifax Loan
Hello, I have recently taken out an Halifax loan and setup payment via my Halifax account. Is it possible to change the direct debit to a different account with another bank or setup standing order to pay? Thanks
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PCP Deal but no monthly payments ever taken
Hi, In January 2022 I purchased a small van for £17k, put down a £2k deposit and took out a 3 year PCP deal. In June 2022 I received an email from the dealership where I bought the van stating that they had completed the finance forms incorrectly and would I mind printing the documents off, signing them and returning them.…
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PAY DAY LOAN RECLAIM (GUARANTOR DEATH)
HI, i am currently trying to reclaim a miss sold loan from amigo. i started this in February 2021 and its bee a long process, i am due back a substantial amount. the problem that has risen is that it was a guarantor loan and at the time my guarantor (father) paid back the loan and i paid it back to him as he wanted to know…
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Business Overdraft - Barclays - Outstanding Amount - VA (Resolve Loan) Adverse Credit? Personal Effe
Hello, I was wondering if anyone an please can advise from their experience? or inside knowledge. Barclays closed our Business Overdraft Facility - for our LLP - Limited Liability Partnership Business (Not LTD Company) By Letter - after a review. Now our overdraft is due and we are outstanding 50k! We do not have the money…
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HP car loan
Help!!! I have taken out HP agreements on my last three cars and have been able to return them at the half way point with no further payments to make. My most recent car was purchased this way and over Christmas I had to spend over £2000 in repairs as the car was getting older and had a couple of big problems. I was 40…
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PCP - Affordability - Credit Check
I am getting a car on PCP (This is not a discussion on PCP's) I will have a £14k deposit when I sell my car - The PCP will be costing about £350 per month. If I decided keep some or a lot of the deposit (I know, more interest but comfort blanket) the monthlies would them be about £650. I know I can afford both and I have a…
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A really sad story....
my son & partner bought their 1st house last summer learning money management here. because they were both working my son took out loans for 2 cars on finance, a big Range Rover thing that was £20k & seats their 4 kids and a smaller Audi with a few bodywork issues for a cheaper price, I think around £4k but in February his…
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Settled Loan But Changed Mind
Hello, I've got a friend who has settled a loan and made a payment of £2,400, he did this so he can then apply for a larger loan. What happens if the new larger loan is not accepted? can you contact the loan company and request the £2,400 back and continue with the existing monthly payments? Is there a change of mind…
