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Disappointing APR offer
I've applied for a loan to buy a car from First Direct. Although the loan amount is high, my credit score is 999 and the repayment affordability check came back clear. They're advertised APR for the amount I wanted to borrow was 6.4% (slightly higher than the best rates out there but I already bank with them and foolishly…
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Loan when on universal credit
Is it possible to get a loan when you are receiving universal credit?
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Credit Cards vs Consolidation Loan
Hi all, first time poster! I'm in a bit of a pickle, and have 3 sizeable credit card debts that have stacked up, that I am paying a horrible amount of interest on. I have been offered a loan via my Bank to repay these, and consolidate into one (with no penalties to pay back sooner) I will be receiving a large amount that…
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Keep savings, pay off mortgage or buy a new car in cash?
Hi, We're in the very fortunate position of having a good chunk of savings (about £60k) and are about to buy a new car (about £40k). However, we also have about £300k remaining on a mortgage (20 years left) and will need to remortgage before Feb 24. I'm looking for advice on whether we should pay cash for the car (because…
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Credit check when you own a home, but not the one you live in.
Hi folks I moved into my partners house and started renting out my own. I've lived in her house for over 3 yrs and just rent out my old one now as an investment. I'm applying for some credit but don't know how to answer the homeowner/renter question. Yes I own a home, but if they want to run a check on the land registry or…
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Additional loan - use existing lender?
I'm trying to get to grips with the loan eligibility tool and which lender to approach. We currently have a joint loan with Tesco with approx £2500 remaining. I also have some credit card debt in my name only (0%). My husband has no individual debt. Neither of us have anything onerous in our credit files. We want to borrow…
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Settlement figure error
I am looking for some advice, I had a loan that I asked for a full and final settlement on. I received the letter confirming the settlement amount and I paid the amount the same day. 7 months later I have received an email from the lender advising me my account is in arrears. I explained to them I had paid the settlement…
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AIB Loan issue
The past two emails from Martin detail AIB as having the best rate for loans. Just be aware, you need to create a new bank account with them and register for online banking to take out a loan. I was not going to go through the hassle of creating a new bank account (which can take up to a week I was told by AIB) and then…
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Low credit score. Where to go?
Can someone please point me towards loan provider that is known to give highest possible personal loan amount? No adverse but short time at the current address and on the voters roll means low credit score. Not interested in guarantor and simillar arrangements.
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Paypal Pay in Three Issue
I have noticed over the past couple of months that when I have gone to make a payment using Paypal the 'Pay in 3' option is no longer available and now never shows up. I used it a lot over several years previously and always paid it off on time etc. but with the same merchants who I used it with previously it is not not…
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Paying loan off after 1-2 months
Hi, I want to sell my car privately to maximise the amount i can get for it but it is on PCP (3 years into the 4 years), the dealer has said I need to pay settlement figure before I can sell. If I was to take a personal loan out for the settlement figure to pay it off, sold the car then paid the loan off in 1-2 months,…
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Can zero mortgage or rent payments prejudice a loan application?
as it says really, i wonder if this is a red-flag on loan applications which automatically mean a decline, largely because they think you are trying to pull a fast one? My living arrangements are such that i don’t pay rent or mortgage, as i live with my wife and the house is in her name (and owned outright)… however there…
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AMIGO LOANS
Hi, I understand this company are in wind down for 12 months. Can anyone explain what will happen to existing money owed to this company after the wind down process has finished
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To use savings or loan
Hi Hope something can guide me here, I'm looking to get a car and currently I can get a loan for 5.7% on 25k roughly paying back about £3500 interest if I take the term of 5 years, savings are now at a 5% variable or 6% fixed, I'm thinking do I get the loan and keep the 25k in the bank incase I need it but stick it in a…
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better chance with bank?
another question i’m afraid! don’t want to make multiple loan applications so trying to figure out best approach The question is how much would my bank HSBC look at my account (and how it has been managed) when making a decision.. obviously other companies can pretty much only work off credit files but do banks where you…
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Toyota Finance - Principal Payments
Got a car on HP Finance with Toyota Finance UK. Got another 3 years to run on it but don't really want to go this long with it. Ideally I want to make these payments to build some equity into the deal and pay less interest overall. I am in negative equity to the tune of about £200 not much I know. Anyway rang them to ask…
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loan vs money transfer card
i’m researching loan options at the moment and have seen various references to money transfer cards (MTC) which to be honest i had never heard of before. Seems this could be a viable option but i’m not sure i completely understand First, are all credit cards money transfer cards, i.e have this functionality? Or are they…
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Secured loan for an 85yr old?
I'm hoping someone here can help my neighbour. We live in an over-55s development of flats and the windows are having to be replaced. His contribution will be £4500 and he just doesn't have the capital. His flat is worth about £160k. He wants to pay and has offered a payment scheme, which may or may not be accepted. He has…
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Navigating loan amounts and what might be accepted
I’ve a couple of questions on loans that are different so posting 2 threads..i hope that is the correct protocol here! i want to pay off various credit cards through a loan, but i’m not sure how much i would be able to borrow..want i don’t want to do is apply, have it declined, and keep applying for lower amounts until it…
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Bought a TV off Very.com with a Very Pay account and it has not shown up on account
I bought a 50 Samsung TV off Very.com with a Very Pay account with a credit limit of £750, but after I had ordered the TV the amount it cost did not show up in the Very Pay account just in the orders. I had ordered a 43 inch TV about an hour before and cancelled it on Very and I don't know if it somehow caused a glitch in…
