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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…
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not sure what to do with loans?
i have 3 loans adding up to about £40k one loan of 5k ver 4 years and two loand of 17k each over 8 years i pay aroung £650 a month for these. i currently have mortgage that shas around 10 years left with about 55k currently i am having no money left at the end of each month due to the loans, would it be better to remortage…
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Bridging loan advice
Our predicament is….. our house is currently for sale….. We have the opportunity to purchase a house for £90k (private quick sale) it’s a wreck but soooooo much potential. We have enquired about a bridging loan and it is an option, however we are trying to think ‘worst case’ ‘best case’ is we get 90k bridging loan,…
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HP Car Loan
Took out an HP loan of £10k last November to buy a new car over 4 years. Have been able to make lump sum reductions of £1000 on 18 January and a further £1000 on 21 February. Had a statement from the lender showing the January payment as being applied to the loan on 15 February. Rang them today (had not received any…
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refused finance
Hopefully someone can help with this! My son went to University aged 18, but really struggled with his mental health and quit after just 1 term. He spent the next few years living at home and working. It took him about 4 years to develop his confidence enough to apply to go back. Even though he was keen he was still very…
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Car Loans
I currently have a car on a PCP, I am looking at potentially changing the car but due to interest rates looking at personal loan options. Has anybody had success getting amounts over 25k or are personal loans capped as to the amount that can be borrow. I have good history, no defaults, ccj's bankruptcies. Any suggestions…
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Switching Car Finance to Personal Loan
Hi. I'm looking at switching my car HP finance to a personal loan to take advantage of better interest rates. HP is currently 10.9% apr. I got 2 questions really...should I make the application for the PL as a debt consolidation loan or just a straight personal loan? Also, part of the PL application asks for outgoings. As…
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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…
