We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Loans

Discuss all types of personal loan. Remember MSE's stance on loans: 'borrow as little as possible, repay as quickly as possible'.

Mis-sold finance. Still in shock.
Hello Two years ago, I jointly inherited a house. I took out a relatively small loan of just over half the house value in order to buy out my sister's half and to release a small £ for my business. I was quite happy with the overall cost, bearing in mind it was a secured loan against the property. However, after nearly 8…
Section 75 claim on a loan: timeframes?
Filed a S75 claim with the loan provider last week (Novuna, prev. known as Hitachi Capital), as the goods/service provided by British Gas were not done as agreed. Novuna were BG's loan company, hence me filing my S75 claim with them for BG not supplying the goods/service as I agreed with them. Q: Is there a maximum…
Daughter has taken out a Contract Purchase Finance Agreement with BMW
Sadly my 19 year old daughter has taken out a Contract Purchase Agreement with BMW. I have just seen the details! If any one has any insight it would be much appreciated the details are:- Amount of Credit in Feb 2024 was £14000 Her statement is now Feb 2025 nearly £18,500 She is making the agreed monthly payments of £205.…
Heliodor loan increase by £200 a month
Hello - first time poster... In 2007 I bought a house and had a loan for 25k secured on it for renovation work. Mortgage and Loan both from Northern Rock/NRAM/Heliodor/Topaz whatever they are called this week. When I moved house in 2019 I had to take the loan with me. It increased from around £114 a month to £330+ per…
Refused Loan
I have applied for an interest free loan. My application was refused by Barclays. When I contacted the relevant department the service agent was unable (or perhaps unwilling?) to give me the reason for refusal. He said it was NOT age related. Am I not entitled to know the reason for refusal?
House renovation loan
Hi all. I have a question regarding getting a loan to help out with my mother's house renovation. I have lived in the UK for 10 years and my mother lives back home in Poland. I am just wondering if the bank could lend me money if I do not own the house myself and the house is abroad. Has anyone ever been in a similar…
Comparethemarket gave me a wrong loan amount and interest
Hi, I wonder if anyone else has had this situation - When using Compare the Market they gave me a loan amount and I took up that loan, I have received a letter stating there was a technical fault with the website and they didn't display the preferable amount and rate at the time. They have offered to pay me a lump sum for…
Firstplus / Elderbridge
Hello I am looking to reach out to anyone that "had" or still 'has" a Firstplus now Elderbridge loan agreement , that was affected by the alleged fixing of interest that took place in the past .Please let me know what action , (if any) you decided to take and how the lender reacted ?
Faulty Caravan - Finance Company Ignoring Ombudsman
Hoping someone can help with the below nightmare I am having which just seems to be getting worse. Background: In Summer 2023, I bought a caravan from a dealer. I used this caravan a few times before the end of the season, and parked it up for the winter. It was purchased from a dealer I believed to be reputable, with a…
Car finance
I have 10 months to pay on a car loan but the engine has blown. Can I hand the car back?
Bridging finance lender responsibility
Hi All, Hoping someone knowledgeable can help me here. I am helping out some friends who secured 12-month bridging finance over a barn (single bed dwelling) next to their home. They have been in financial difficulty for nearly ten years now and the loan was to buy them some time to get their property sold. The property…
Returned item.
I purchased a new cooker from very and from day 1 it's not worked as intended the main oven fan in operative, had 2 engineers come to repair but to no avail, I have been paying for it monthly and some interest on it, it has been returned as not fit for purpose or intended.. I was wondering if I'm entitled to interest…
Loan overpayment help
Hi there, inexperienced borrow here, looking for some help or advice (and please not criticism). In a bit of a bind, I took out a loan with Loans2go at an eye wateringly high level of interest. The loan sum was £1500 over 24 months, with a repayment amount of £4848. It was (and still is) my intention to pay this loan off…
Loan Rates
I am looking to take out a loan, first time for me, for some home improvements. I have a excellent credit rating but don't utilize my credit cards or use my overdraft. My bank are offering me £5000 at a rate of 9.6% is this a good rate? This is over three years, although I hope to pay it off within 12 months. Zopa were…
Missing Finance Docs - No Agreement?
I'm really trying my luck here, and I could contact the garage, broker or lender but the longer I can span this out the better.. maybe..? Part ex'd car 2 weeks ago. No issues clearing settlement on the old car. Finance agreed via a broker on the new car. Was emailed docs to sign re the new finance agreement, however these…
Short Term Loan
Hi, I am in the process of purchasing a house with my partner. I wanted to buy my half outright and I was hoping to use a savings pot but it has a 95 day notice period which brings us to May and I need the money by 24th March. Is it possible to take out a short-term loan for £18k?
payment deducted after loan end date
I had a 5 year loan starting on 1st January 2020. The loan end date is noted as being 1st January 2025 on summary statements. A payment has been from my account on 3rd February. Is this right? I thought the last payment would have been 1st January. Am I being daft? The bank was Santander if that has any bearing.
Consolidating loans, to lower interest and payments
Might be a stupid question, but I have a range of loans at varying interest rates - some very high from past (silly) financial decisions. Separately, everything is on paper affordable, but by loan/debt profile would show that me asking to borrow the total owed amount as unaffordable which is presumably why standard…
Letter received from Klarna Final Notice - I've never even used Klarna!
Dont know if this is right place to post mods please move if not! Received a letter stating theyve unsuccessfully tried to contact me regards to an unpaid purchase made in March this year for £124 on pay later credit agreement. Ive made no such purchase and never ever dealt with Klarna, or the merchant (DHGate) before.…
Club 24/ capita customer management ltd
Hi, a loan was taken out against a property in 1989 with club 24 the owner passed away 5 years ago leaving it to my mother who passed 2 years ago leaving it to me. im trying to sell the property but have been informed that club24 was absorbed by capita customer management Ltd a few years back (around 2012 I think) i have…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Martin Lewis: How to call your bank with just three digits – as 'anti-scam' phone number called over a million times
One million calls have been made to the '159' anti-scam phone number since its launch in 2021, new figures reveal today (Wednesday 30 April). MoneySavingExpert.com founder Martin Lewis – one of the well-known faces most used in scams – explains how to call your bank by dialling just these three numbers.
Revealed: Holland & Barrett's supposedly cheaper 'Subscribe & Save' often costs more – it's promised a review after our investigation
Holland & Barrett's 'Subscribe & Save' scheme claims to offer regular shoppers "the best value" – but it failed to do so in the majority of cases MoneySavingExpert.com checked over a five month period. The retailer has now promised to review the scheme after our research found it was often more expensive.
Don't get your passport by post – 360,000 paid more than needed last year
If your passport is due for renewal, apply online if you can – it'll save you £12.50. More than 7 million Brits did just that last year – but over 360,000 missed out on savings by using a paper form instead, MoneySavingExpert.com can reveal.
Sainsbury’s Bank customer? NatWest takes over this week – here's what it means for savers and borrowers
Sainsbury's Bank's savings, credit cards and loans will be taken over by NatWest from Thursday 1 May. For most, this means little will change for now as the Sainsbury's Bank brand will remain, though it's expected to be phased out towards the end of this year. However, if you've over £85,000 saved across both banks, it's worth considering moving any excess elsewhere to ensure your cash remains protected.
Chase customer? Check if you can get its newly boosted 4.8% easy-access saver
If you've got a Chase account, check if you can boost your easy-access savings to 4.8% – made up of a 1.8% AER fixed six-month bonus plus its standard 3% variable rate. Chase says over 2 million customers can get the boost, which would top our normal savings tables if it were open to all, though it's beaten by the top easy-access cash ISAs.
NatWest to complete takeover of Sainsbury's Bank this week – here's what it means for savers and borrowers
Sainsbury's Bank's savings, credit cards and loans will be taken over by NatWest from Thursday 1 May. For most, this means little will change for now as the Sainsbury's Bank brand will remain, though it's expected to be phased out towards the end of this year. However, if you've over £85,000 saved across both banks, it's worth considering moving any excess elsewhere to ensure your cash remains protected.
Martin Lewis: Is the £20,000 cash ISA limit about to be killed off? What savers should be doing now
Plans to cut the £20,000 cash ISA limit later this year are being considered by the Government. In his latest video, MoneySavingExpert.com founder Martin Lewis explains what's likely to happen, what the changes would mean for savers and what you should be doing now.
NatWest to complete takeover of Sainsbury's Bank this week – here's what it means for savers and borrowers
Sainsbury's Bank's savings, credit cards and loans will be taken over by NatWest from 1 May. For most, this means little change for now as the Sainsbury’s brand will remain, though it's expected to be phased out towards the end of this year. However, if you've over £85,000 saved across both banks, you'll need to move any excess elsewhere to ensure your cash remains protected.
NatWest to complete takeover of Sainsbury's Bank this week – here's what it means for savers and borrowers
From Thursday 1 May, Sainsbury's Bank credit cards, loans and savings accounts will be run by NatWest as part of a deal between the two banks. You'll be moved to NatWest in the future, likely towards the end of this year, but for now the Sainsbury's Bank brand will remain and you can continue to use its products and services as before.

View All

Loans

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Loans

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free