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I need advice for financing a cheap car please
Hi all. In the past I was silly with money and got in to real financial problems but that’s now hopefully all behind me and I’ve been 10 years ‘clean’! After lying low for the past 10 years with no debt of any kind it has also meant I have no worthy credit score. I’ve recently applied for and been accepted for a M&S credit…
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Loan insurance
I have taken a loan with HSBC. I want to take out insurance on the loan in case I get critically ill or I am made redundant. So far I have been dealing with the call center. They don't seem to understand what I am asking when I say I want insurance on the loan. Am I better to go into a HSBC branch or look online for…
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How to obtain a loan.
My son has built up credit card debts over a number of years and has moved the debt between interest free cards. We are trying to deal with his gambling habit, which is not really what my post is about. He recently decided to transfer his mortgage over to his partner, as security for the family, if we can't sort out his…
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Loan - hard search question!
Hey all, Myself & my partner are financially linked as far as credit is concerned due to a mortgage etc. I am applying for a personal loan for just me, will they do a hard search that will show on his credit report or just mine?I’m curious to know what will show on his credit if I apply for this loan or if nothing will be…
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Sole Trader Bounce Back Loan RBS
During lockdown I took a bounce back loan through RBS. We have never had any borrowings in 20yrs however the business was being badly affected and decided to apply for a loan to help pay for things as we had no other support available. The business has now closed and I am faced with a sizable loan. RBS has passed it out…
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MBNA Loan Declined after being pre-approved
Hi, Looking for some help in understanding this. I applied for a £25,000 loan over 5 years with MBNA for home improvements earlier, but I was declined at the last step. I went through the pre-approval process on their website and that was absolutely fine with a soft check. The reason I'm so confused about it is because I…
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under 18 loan
Am after some advice - my daughter was "given a loan by her company at the age of 17 (shes now 18) to help her commute to work. They take x amount out of her wages every month, and she still has approx 75% to pay back. However, we're in the process of moving away and although she's adamant she wants to carrying on paying…
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How To Get Best Price for Toyota CHR
I am trying to buy a Toyota CHR for the best price I can. The situation is as follows. The car is advertised as costing about £25,000 on Autotrader. But, if I want to buy the car outright, £2500 is added to the price, making the cost £27,500 which is signifcizantly more than advertised. The alternative method to purchase…
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Would I get a better rate elsewhere?
I will keep things as brief as possible. I need to have a full of dental implants in both my upper and lower jaw. Standard false teeth are no longer a viable option for me. The cost of the implants is £22,000. I have £5,000 and thus need to borrow £17,000. I made an online loan application with the HSBC as I bank with…
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Dilemma when applying
I hope that I am not topic recycling!! My dilemma question relates to loan applications. I am retired, a home owner with no mortgage & all of the credit rating sites rate my standing as Excellent. I have no credit card bills or usage & only have 'credit' via PayPal for a sum of around £500 which will be paid off to terms…
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Does paypal pay in 3, or instalment payment option show up on credit file?
hello I need to use credit to pay for a training course that costs £1000. I have the money to pay for it outright. But I am on universal credit and currently looking to move houses so a £1000 expense would drop my income quite low for that month - I want to show as much stability as possible. So I am trying to pay in…
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New car finance
Hi, I ordered a new car last year and it should arrive at the dealership next week. I was wondering if it’s possible to change the deal as they have now offer 0% finance whereas when I went it was 5%. I did sign a couple of documents but can’t find them. Thanks
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MSE News: Klarna to start charging fees if you miss a payment – here's what you need to know
Buy now, pay later provider Klarna will start charging borrowers who miss repayments fees of up to £5 from 16 March. Read the full story: 'Klarna to start charging fees if you miss a payment – here's what you need to know' If you haven’t already, join the forum to reply.
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£15k Loan - Joint or Single Application?
Need £15k for a car. Sainbury's bank seem to be the cheapest and we have a nectar card to get their best rate. Should we apply as a single person or joint? The nectar card is in my name. My credit rating has taken a bit of a hit as our mortgage was changed in August last year and new mobile contract in September so it's…
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Tesco loan - incompetence
Had a Tesco Loan which due to bereavement I didn't use. I returned the capital along with a letter giving notice within the fourteen-day cooling-off period. However Tesco do not appear to have accepted this cancelletion and are chasing for payment of an installment. I have written to them three times but they have simple…
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Old loans
Hi, My wife has recently been contacted by Cabot Financial over a loan from Lloyds TSB, she believes that I relates to a loan taken out 20 years ago, this is the first correspondence she has had, she has not responded, as we believe this loan repayment is not enforcible due to the 6 year rule, what should she do ?
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Confused by Volkswagen PCP agreement
I'm in the process of buying a new car with a 7.9% PCP from VW Financial Services and I'm a bit confused by the draft agreement I've been given: Title says "Hire Purchase": The top line of the draft agreement is titled, "Hire Purchase Agreement ...", but it's a PCP. The payment structure is a series of monthly payments…
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First response car finance Voluntary Termination
Hi I have 2 cars on finance both with first response. I can no longer afford to run both. If I return one of them (29 months into a 61 month agreement) the book price of the car is within the settlement figure range will that affect the finance of the other vehicle? Also how would I go about at VT.
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Hi there need some assistance with my very account and argos card account
Hi guys, hopefully can get the right answers here. So i currently have a very.com account with a outstanding balance of £3087.93, these are all individual BNPL plans none of them have expired yet. I also have a Argos card balance too. with all them being BNPL plans again none have currently expired. Am I able to ring up…
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loan or credit card
I need to borrow £10k in a couple of months to pay off house move costs, I have a fixed isa which matures in May. If I cash the ISA early it will cost me £500. A £10k loan over 1 year will cost £261. Would it be better to borrow the £10k , take out a credit card and put £10k on it or cash the ISA early?
