-
HP loan switch
Good morning all, According to ClearScore I could switch my HP loan and save £20 a month saving me £1000 of interest. Has anyone done this before? Is it straightforward? Any complications? Any advice? Thanks
-
Credit Union
I took out a loan with a credit union they take the money straight from my payslip. I applied for a new loan of £600 I still have an outstanding amount of £669 which has already had the interest applied .. but they have added the 669 and the £600 I have asked for put them together as £1559 and want to charge me 2.38…
-
What are the tax implications for paying your children's student loan post study?
I have been travelling overseas for the past year. Due to securing a new job in Australia, the SLC have written to advise me that I now need to begin repaying my loan again. As the loan is no longer repaid via my pay check (as in the UK system), I am required to bank transfer the funds to SLC. Due to international transfer…
-
Nationwide loan
The money was sent yesterday 12:34 will it go in on weekend or only working day counted? 3-5 days it takes to hit account apparently?? regards
-
Credit card Money transfer or Bank loan for a private event, that needs paying now?
I need to pay for a balance on an event (7k). I will have this money by the end of the year to pay off the debt. However, I need this to pay now (next two months). Do I use a loan at 7.4% APR over 4 years £168pm (guaranteed acceptance) with a view to settle at the end of the year. Or should I use an existing credit card…
-
Question about early repayment on halifax loan
Hi all, I've got a halifax loan with a balance of around £15564 (5.9% apr). I was looking to settle this loan early, and when I use their early closure calculator it says if I settle early the figure is £16133 saving £1650 on interest. However, if I use the 'pay extra from your loan' and put in a figure of £15000 it says…
-
Switching Loan to a cheaper rate.
Dunno if its possible so looking for advice. Currently got a loan but the rate is poor (13.1%). Was looking at how much I would save by switching to another provider, currently 6.2% for >£7500 and 7.3% for < £7500. My credit rating is pretty good and I normally get the good APR when applying for these things. The issue I…
-
B&Q 0% via creation - very confused
Sorting out a new kitchen and B&Q now use creation finance. They (B&Q) have told me to apply before hand but when I do I can't see any 0% offer, and they will offer me £5k at 17.9%. I've checked by credit score in clearscore and it's 1000/1000. It can't get better. Considering I have no mortgage and a good salary, I'm even…
-
Loan for solar panels on house
Sorry if this has been asked before but I wanted to see if anyone has taken out a loan for solar panels and how it worked out. My thinking is to take a loan for £10-15k and what I would have paid for the electric bill would partially pay the loan instead. This time of year my electric bill is approximately £85 per month. I…
-
End PCP Deal
Hi, I am looking for some advice on behalf of my mum in law. Over the last few months she has went through a seperation, leaving her home and, yeah, changing her life for the better. Unfortunately she had taken out a new PCP in August. She is now worried about this as she really can't afford it and would rather give up her…
-
Advice required - Debt Collection on old debt I don't believe I owe.
Hi All, I joined this forum for advise. I recently received an out of the blue letter from Resolvecall with threats that they would be visiting my property over an alleged debt of over £1,100 allegedly owed to Lloyds Bank. Attached in the separate envelope was a letter from Intrum advising they had tried to contact me over…
-
Help - how to get car loan with not so good credit history
We desperately need to buy a car. I tried the MSE eligibility for loans and it said no. Equifax says we are "good" but likely to be turned down on automatic approvals I tried money supermarket and it pre approved HP but looks like we would have to borrow more than I would want to be eligible. I have seen a couple of…
-
Help! Car dealership delay leads to default
Hi, firstly apologies as this type of query has probably done the rounds multiple times (I'm panicking). I've had a finance agreement with the company for 4 years. Coming to the end of the agreement I visited the dealership and agreed to a replacement car. Typically due to stock levels was told there would be a delay till…
-
Urgent action needed to stop lenders bombarding people who've missed payments, say Martin + charity
Charity the Money and Mental Health Policy Institute (MMHPI) and its chair, founder and core funder Martin Lewis are calling for the Government to make changes to prevent firms causing unnecessary distress to those already under strain. Read the full story: Urgent action needed to stop lenders bombarding people who've…
-
Car purchased from dealer, had finance on
Hiya, I bought a car from a dealer back in March, someone wrote it off in September and then it come back it had finance on, basically what I’m asking is can I apply for a county court rit against this dealer ?
-
Loan Repayments
So I need some advice about a loan repayment, currently I have two loans out and the payments are getting our of hand. please see details of loans below. loan 1 - £104.95 a month at 9.9% interest and 3 years 7 months left on the loan loan 2 - £206.59 a month at 2.3% interest and 2 years 2 months left on the loan. My…
-
Loans 14 day cooling off period?
If I took out a loan then decided I made a mistake and didn't want to commit to a loan. Could I cancel it within 14 days of signing? If so, do they charge interest for those days or do you just pay the amount they gave you back? How does this affect credit rating? Would it show as settled or wouldn't get reported only the…
-
Any info on why I would be unlikely to be accepted for loan?
Hi all, I was looking to take out a loan with Tesco in order to purchase a car. Im employed full time, my take home pay after tax is about £2300, and my total monthly outgoings for bills and mortgage payment is about £700 and I have a good credit score. I checked my eligibility with Tesco for a £10,000 loan over 5 years…
-
Klarna application
Hello, do Klarna send any correspondence via post at all? Wanting to take some credit but wanted it all done via email. Thanks
-
Help to calculate how my loan will reduce
A few years ago I took out a loan for £8,500. Original loan term was 84 months. term remaining is now 46 months. I did make a one off lump sum payment at some point but can't remember when this was or how much. Balance now is 2,260.36 I am paying £111.79 per month. APR 2.9% Payments are made on 1st of each month. How do I…
