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Advice for credit agreement complaint
Hello All, I'm looking for a bit of advice, perhaps from someone who may have had a similar experience to me, or someone in the know. I have an account with a financial provider, well known, limited company, all above board etc. and Allows me to purchase products and pay monthly over a set period of months, I have used…
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Debt Collectors Different Strategy
Hi Folks, I've read the threads suggesting you send the "prove it" letter when recieving a letter/demand (£4,500) in our case for a debt that isn't yours. But we've tried that, and they're refusing to provide any information about this debt. The only information they've provided is that the account was created in 2001. So…
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Why commission on ALL car sales credit agreements was bad for consumers
Martin suggests that we should think twice about complaining about commission to salesmen - I know the FCA will probably go for a no-claim approach IF the supreme court holds up the appeal court ruling, but the way commissions were applied absolutely disadvantaged consumers, and his stance disappoints me. We used to be…
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Bank Account for New Business - stay with current bank or branch out
Hello, I intend to open a
new business bank account for a limited company. Is it best to stay
with the bank which holds my personal account as they know that I am
credit worthy as have had loans before and always paid them back
without missing payments. I’ve seen another bank which offers
better terms for new business…
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Personal Guarantee
Hi All, I took out a Buy to Let Mortgage 3 years ago with a 5 year fixed term. The solicitors messed up and didn’t get me to sign a personal guarantee at the time I took out the loan, and are now asking me to sign it as the lender has requested a copy. I don’t think it is reasonable for this to be requested 3 years later,…
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Paypal balance
What is the best way to pay off my paypal balance. Currently only just paying interest, want to clear it
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Is a company geniune called Quick Money
Hi, I am suspicious but I just need confirmation. I have been applying online for a loan, but due to my poor credit history I have been rejected. However, I am being called on a daily basis from a mobile number from a company called Quick Money. They sound like they are working in an Indian Centre. They claim there website…
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Eligibility For Zopa Loan - After IVA ?
Hello !! Pls, I had a car finance loan with Zopa. I paid it off (while I had the IVA). When the defaults fall off by December, 6, 2025, by God's Grace, how easy will it be for me to get a personal loan with Zopa - given that I paid off the loan early & also, that I probably have a good internal credit score - with Zopa ?…
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Is it possible to give a secured loan to a family member
I have been asked to lend £10k to a family member who owns his house outright but needs to do some work on it prior to selling it. I have been promised the money back when he sells as he has no no other disposable income. Is it possible, as an individual to create a loan agreement that states that the full £10k must be…
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Amigo didn’t put guarantors name on contract
Hi, I’m getting a lot of hassle from Lantern UK… I’m autistic and don’t have any external support. so I was told to apply for the scheme where people were miss-sold loans about two years ago I think? My ex partner and I took out a loan to be able to move home, as it was urgent. This was in 2018. I was told that the…
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What to do?
I approached my bank for a loan 50k, they said is wasn't possible because of a business at the premises. I then looked for a mortgage, doable but would need to take out a building warranty insurance at around 9k, as a new build property. Thinking about other ways to finance my project, I can now probably raise 30k cash,…
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Applied for a loan so APR on other loans increased
I applied for a loan to buy a car, so it isn't a small loan, but I have a fantastic credit score. I went to Tesco Bank as they were offering 6.0% but was having issues applying online, so I called them late afternoon on Monday. I don't recall whether they told me before or after agreeing to a credit search that the offer…
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Moneyway Car Finance - Support During Arrears Claim
Hi All, Out of the blue I received a letter from Moneyway owned by Secure Trust Bank to say that they are currently reviewing the support that they offered to customers during times of arrears as they admit that they may not have supported customers as well as they could. A while back I had a £20k car loan eventually…
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Need help with making decision on my car finance situation.
Hi guys I need an advice regarding paying off my car finance I currently own Honda Civic 1.5l 2017 Fk7 MK10. It’s reaching 100.000 miles and I paid off nearly 3 out of 5 years of the finance on it (£8.100 left to pay). I have decided that I will leave the UK forever next year due to family issues and I am trying to think…
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How to work out what might be cheaper - money transfer from a credit card, or a loan
My husband wants to borrow £3,000 to cover the cost of a lease extension. He is trying to compare whether it would be cheaper to do a money transfer from his credit card (currently zero balance) or get a bank loan. Either way, this value will be included in a re-mortgage in a few months time; so it is only a temporary loan…
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How to complain about excessive interest rates
Hello, We stupidly agreed to a loan with Shawbrook for repayment of our windows installed by Britelite. I have received our annual statement and we will be paying £7050 interest on a £5395 loan so far we’ve repaid about £7900 with a balance outstanding £3498. This feels like usury in this current climate. we haven’t…
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Court claim kearns solicitors
Hi apologies if I have posted this in the wrong thread. Basically I received a claim form for a debt with link financial/kearns. I rang them last Monday to explain my situation etc and offered a repayment plan if they agreed to not pursue the claim through court. They agreed the payment plan and said a letter will be sent…
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Heliodor Mortgages _Topaz Finance Ltd - not discharged a previously settled debt
Really seeking some advice, la catalogue of errors back in early 2022 by our solicitor (buying) and the sellers solicitor. Sellers Solicitor took an undertaking that a registered charge in favour of Topaz Finance Ltd Jan 2005 and an equitable charge in favour of Northern Rock May 2009. Having purchased the house and not…
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Use of interest free loan
My parents paid some time ago a big bill for me which was of significant benefit. They have also offered me an interest free loan which although I do not need right now I am thinking i could deposit in a savings account and return the interest I earn to my parents in gratitude for the bill they paid for me previously. My…
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Amigo Loan mis-sold
Hello, I was a full-time student when I took out a loan via Amigo Loans in 2014. They offered me the loan and I took it with a guarantor. I only worked 10 hours per week. Despite my limited income, I was offered this loan, which I could not realistically afford. Since then, I have remained in debt, still paying off a loan…
