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Default on loan has date change query
Good afternoon all, Following a complaint a default date was changed from 22/7/22 to 9/3/19. About a month later all CRAs updated to reflect this. A few months later the original debt was sold. This loan with the original company showed as fully settled and a new loan appeared with the new company. The new company has put…
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What are payday loans listed as on Credit File.
Hi, there I made a stupid decision and got out a payday loan without realising the repercussions of it effecting my mortgage applications in the future. However when I looked at my credit file, accessed by Experian, it is classed as a loan. I was just wondering if payday loans are supposed to be classed differently. Thank…
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Joint loan rejection
I've just been turned down for a joint loan from Tesco. I expected to be easily approved so it was a bit of a surprise. Could any of these things be the issue? -I've only been in my job for 9months, but my wife has been in hers for yonks and earns more than I do. -We already have a small loan in my wife's name. We could…
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Idem debt transferred to mars capital
Hi, we had a secured picture loan then moved to idem and when we recently asked for a settlement we got correspondence saying that it had been transferred to Mars capital finance. Does anyone have any dealings with them? We were just about to start negotiations with idem for full and final settlement when the loan was…
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Loan
Hi this is on behalf of my wife as we are separating The best way of Loan for £25k please advise which best way
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Overdales - is it a scam?
Hi everyone. My daughter is at Uni full time and lives with me. She doesn’t have any credit cards or purchases on finance. She just has a Monzo debit card for day-to-day expenses. She has Asperger’s and likes everything to be up to date and uncomplicated. She’s received an email this morning from Overdales saying they…
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Release equity from properties to pay off credit cards
Hi, I am new here and came as I pretty much exhausted all possible solutions I could think off. Need advise and maybe one you can come up with something I haven't so far. I have 3 properties in UK. All with mortgage and each with at least 100k equity. During the covid fraud I had extra expenses and was using credit cards…
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Pay Day Loan reclaim help
I hope this is allowed, I am brand new here. I recently used this forum and used the template letter to try and reclaim my interest and charges from payday loan companies. here is a copy of my complaint that I sent to 3 companies (Fundourselves, cash4unow, Mr Lender) “I have had the above account since 2019 but believe it…
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Home owner loan for debt consolidation??
I have about 30k debt, 10k loan 20k credit cards, most the credit cards are interest free at the moment apart fom 4k but the interest free periods will start to end later this year My credit report is ok no late payments or anything bad but i doubt i could get any other cards to balance transfer to or unsecured loans due…
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Low Interest Rate vs Well Known Lender
The lowest interest rate is coming from RateSetter - a company I've never heard of. A slightly higher one is available from Sainsbury's. Borrowing £15,000 for a car (perhaps only £14,000 if the interest charge reduction seems worth it). Should I pay slightly more interest and go with a well known company or go for the…
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Salary Finance won't take my loan repayments!
Hi there. I left my employer last June and notified Salary Finance. I have Direct Debit details on file with them to switch my monthly repayment from salary to DD, and one payment was successfully taken by DD post-leaving. In August 2022 I lost access to my account which took months for them to resolve (with no explanation…
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Apr MILES higher than expected - what to do?
Hi I applied for 10k for a car loan. On mse website it had representative 4.9% and while I know not everyone gets that, I almost keeled over when it came back at 8.9% I've always previously had excellent credit rating. I have in the last 2 months only made minimum payments on my credit card by accident. Literally never in…
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Arrangement to Pay
So I agreed on an "arrangement to pay" on a loan I had fallen behind on the repayments for. I have had no end of issues since this, my credit score has plummeted to the worst its ever been and I cannot get finance for a new car which I desperately need. The issue being they arrangement to pay payments are showing as missed…
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Can I include rent paid by employer in my total salary?
Hello My employer pays for my rent and this is deducted from my overall salary. When applying for things like a mortgage or a credit card, am I allowed to include the amount of rent that my employer pays in the figure I put for my salary, or must I only put the amount that it says on my payslip? I have searched the…
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Credit Union Loans
I've been a CU members for over 50 years and if truth be told the number of loans I've taken out were minimal; I save to support my community While I may have been a member for over half a century when a friend asked me what the CU interest rate was I replied with confidencec1.5 percent per annum on the on paid balance but…
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Best lender to apply from for personal loan
Asking for a friend. My friend is working through agency and wants to take out a personal loan. His hours and pay do wary substantially between the different months, therefore to maximise the amount available to borrow, ideally he would need a lender that would look at the last one or two months of salaries as opposed to…
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Loan between family, is this fair for both parties
Hi Trying to help a couple of people out and I’ve no idea how to work this out. Everything is cool between the 2 parties and it’s just a check to make sure it’s fair. In 2009 Person A lent Person B £35k since then B has been paying A back at £200 per month, at the end of each year it’s been paid back as £2k capital and…
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Pre-approved loan for consolidation
Been looking for a loan to pay off my credit card (approx 11k) which mounted up buying bits for my house renovation. I currently have a small personal loan with Zopa which I am looking to increase by 18k over 5 years which will clear my credit card and the remainder of my car HP agreement. The monthly repayments are the…
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Removal of a Charge on my property
Hi all - I agreed to a charge being placed on my property in 2012 (long story) which I discharged in full in 2017. I have evidence of the final payment, bank transfer etc. and the original letter asking for the final lump sum payment. However, the charge is still registered with the land registry. I emailed the beneficiary…
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Effect of debt consolidation loan on Universal Credit
Hi. I have debt of around £16,500 over two high-interest credit cards which I am struggling to make any headway with with. I cannot afford to pay much more than the minimum payments. I would like to apply for a cheaper debt consolidation loan at a significantly lower interest rate. If approved, on receipt of the loan I…
