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am i blacklisted because i looked at legal action re a previous top up loan?
Curious to know -perhaps its just in my tiny brain BUT - a few years back I was not happy at all when i asked for a loan extension, and was given one! Without dragging this out, although an intresting read it might be, basically i got my loan extension - a few thousand pounds - but then by chance - didnt require it (…
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Payment plan
Hi Im currently on a proven plan with Lloyds which is due to end may Loan payment is currently £647 a month arrears was £3021 now £1899 Loan stands at £6700 When plan started loan was at 11000 i also have a Lloyds credit card which was £1700 now only £181 left to pay i also had a overdraft which was £900 this has been paid…
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NatWest personal loan approved at soft search
Hello, I am a Natwest customer and started a personal loan application with them, which initially gives you a quote after a soft search and then you can decide whether to proceed. After entering my details and the soft search it came up “Great news you have been approved for the loan you want”. It then outlined the details…
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Lending to a family member in the USA
Not sure where to put this........We are going to lend a family member in the USA £20k, we can afford it and she needs a new roof, she was going to get a loan but we offered so she would save on interest. We have accounts with Nationwide, Halifax, HSBC and Paypal. What would be the cheapest way to send her the money? (she…
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Searching for credit. Paypal as a lender?
Hello,I need a £5k loan for a car to commute a couple of days a week to a job I'll be starting in September. I'm having a hard time finding credit because I'm self-employed (and will continue to be, even though the new "job" is a permanent contract for the next few years), and because I'm receiving disability and working…
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Coast finance / welcome
Hi This is the first post I have done . I thought someone else might of had the same issue? We got a secured loan in 2008 from welcome finance. Unfortunately in 2013 we lost our property due to the recession . We thought all debts went with our property. We have rebuilt and sorted are finances out now . Then in 2019 a…
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Take pity - which company is more likely to give a helping hand.
Random questions - no lectures please! you know who you are!! So, out of ..the likes of..Creation, Sainsburys, Tesco yadda yadda...any thoughts on which company more likely to take pity and give out a loan?
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Turned down for a loan - not sure why but what next?
Even with a good credit score I was turned down for a bank loan of 25K over 5 years for urgent home improvements. Once these improvements are made we can move out of a rental and save around £1800 per month, so the repayments will be easily affordable. In my early 60's I suspect age may be the issue, but when I retire then…
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Overdrawn Directors Loan Account for liquidated company
I'm not sure if this is the correct section to post this on, but it was the closest one I could find. Here's my situation... Up until last year, I was 1 of 2 directors of a small business. I was also a 50% shareholder. In July, I resigned following financial issues within the business and as a result, it led to my…
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How long before a paid up loan comes off credit report ?
I've paid up a small outstanding loan, in order to improve our (mine and my wife's), chance of getting a larger loan. Currently when trying to get the larger loan we are getting refused. In terms of multiples it's affordable, hence why I think the paid up loan may still be on the credit report. I also have a PCP for a car.…
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AA vs MNBA
Had a 95% chance of an AA loan for £20K at 5%, my credit rating via the MoneySavingExpert dashboard of 99%. I was accepted but at 12%! As a person who has great credit history how on earth did I offered 12% while at least 51% have to be offered the 5%? I find that very strange. Then looked at MNBA at 5.7% and confirmed…
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Applying for a loan - Should I select the 'consolidate debt' option or stick with 'home improvements
Howdy, A simply question in the hope someone out there in internetland might know more than my good self. I've heard through the grapevine ( sounds like a song! ) that when saying asking for a loan ( or extended loan in my case ) via the usual tesco, sainsburys ( many others available ) , that when comes to the 'reason'…
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Am i employed or self employed?
I'm about to apply for a personal loan and want to answer the form confidently. I am the managing director of a company in which i own 50% of the shares. I receive a salary and have a contract and also receive dividends. I know when i bought my home the broker said i'm classed as self employed by mortgage lenders, but…
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Loan and Fraud
Hi. I have had a conservatory built with the terms of 36 months interest free loan. I have completed the application form 3 times now and it has been rejected. Each time the conservatory company asks me to increase the "annual income" on the form. I am retired and the only source of "annual income" that I have is my state…
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Borrowing money to buy a business
Hi everyone I have done a bit of research but wanted some advice. We want to buy a business but will need loan. We own our own house which is worth around 300k. There are 2 business we are looking at buying one is worth around 700k and other 1.2million. We have a bit of savings but not loads. What we wanted to know is if a…
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Sister penalised for estranged husbands Amigo loan-can she resurrect her Ombudsman complaint?
Will try to keep this post as brief as possible, but its complicated.... Some years ago my sister married a man who we now know is a prolific con artist and scammer. Soon after getting married he persuaded her to re mortgage her house (that she had solely owned for the previous 7 years) to financially support his business,…
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Car Finance for returning UK citizens
I have been trawling the internet contacting Car Finance Companies. Can't find a product to suit our circumstances. UK citizens returning to the UK after 24 months away. Have a UK address/bank account/credit cards etc. No UK earned income in this time, only overseas income which has been used to pay UK mortgage and all…
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Asking for a better rate
I’ve been approved for a personal loan, which I’m going to use to replay my outstanding car loan which is at a higher rate. I’ve just found out I am getting an increase, and wonder if that makes me a better risk. It is worth asking them to reassess the interest rate and see if they are willing to reduce it?
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PCP query re balloon payment
Hi all you lovely people Here's my dilemma My PCP on Toyota car expires in August . Toyota is in v good condition 4 years old 23000 miles on clock. Balloon payment to pay in August is £3250 approx. ( I have the money put by to pay it , will take a large amount of my savings). I'm looking at a Renault deal at 0% for 24…
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Two Loan Requirement
Hi helpful people. We are looking into getting an extension on our house. We are also wanting new windows. Both are genuinely urgent/required this year. I'm assuming it could be an issue if I apply for credit with the window company, and then also try to apply for a home improvement loan for the extension? Basic answer…
