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Car finance nightmare
In February 2016 I bought a motorcycle for £4600 with a payment plan over 5 years totalling about £6000 over 5 years. After three months owning the motorcycle, it was stolen from my home. The insurance company actually valued the bike at more than I paid for it due to the accessories that were on the bike when it was…
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Loan to clear a mortgage
Hi. I've a BTL mortgage, where the fixed rate has just ended and I will move onto 4.34% above base. On 230k my repayments will shoot up from £370 to £1500. I am starting to clear down the capital and should be able to reduce my loan to 20k. I still don't want to be repaying this against my current product (4.34+base). Are…
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Loan without paperwork
Hi, Is there any companies who offer loans without paperwork being sent to your house? Like whole process online
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Lloyds Bounce Back Loan
I took a bbl of 10k when it all started, I have a small business at the time, only director, limited company. Late last year I tried to dissolve the business as I'm no longer trading. The only debt was the bbl. I contacted the bank to inform them that the company had no money, I had no money. Due to brexit, covid, ill…
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Car finance just to get s75 protection
Good morning,Looking at buying a used car, however the dealership don't accept credit cards. I was hoping to pay a small amount on the credit card, and the rest debit card.They do however offer finance through Blue Motor Finance.If I was to take out HP finance and then pay it off shortly after, I would be covered for s75?…
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Klarna cashback refunds due from MADE.COM
I have purchased 4 chairs totalling £949.00 with a three payment instalment. I have made two payments of £316.33 = 632.66 paid. As the company went into administration and the chairs were in production, I did not get the items delivered. So I have been fighting with Klarna to give me back my refund since October 2023. The…
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Financing real-estate purchase — multiple personal loans — simultaneous application
I would like to buy a piece of real-estate worth around £40-50k I have some savings but I need to play the financial game right to be able to afford it, as well as maintain liquidity to afford basic refurbishment. The personal unsecured loan (at around 5% APR) appears much better than the bridging loan which is typically…
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Lloyds bank loan
whilst applying to borrow £35k should I say I pay the full mortgage or should I tell a little lie and say I pay a percentage with my partner?
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HMRC time to pay vs personal loan
Hi! I’m struggling to afford my income tax bill. Would I be better off using the HMRC’s time to pay service or take out a personal loan at roughly 6.9% interest?
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Old Help to Buy Equity Loan vs current one
Hi all, So I have the original Help to buy Equity Loan (I bought my property in 2020). I have a couple years left on it before I start interest and was just curious and looking into it (forgotten the rates). I understand that there was a new Help to Buy scheme introduced, 2021-2023 scheme. And looking at the differences,…
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Second charge registered
Good morning. I had a second charge registered against my property in 2008 in favour of Egg Finance. I'm trying to sell but cannot get a settlement/ redemption figure. The debt has been sold several times and is now with Cabot but they cannot locate the account. I'm now in danger of losing my buyer. I understsnd that the…
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Overpaying on loans
Hi, i have 2 identical loans over the same term and at the same rate. One is for £80k and the other is for £30k. They were taken out at the same time. Is there any benefit in overpaying on a particular one or is there no advantage gained, can the overpayment be split equally?
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Lloyds loan calculator - how long to process?
So I checked on Lloyds online loan calculator for £35,000 over 5 years and it said highly likey. If I went ahead with this, how long roughly doe sit take for Lloyds to process this loan? I remember a few years ago and asked for £3000 and got it the same day...
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Charge on property question
Hello Asking for a family member There business like many has had to endure hard times. They bought a pub just before covid and got into big debt because of covid and no income etc along the other they bought just before that. They had a 600k personal loan against their home that is worth in the region of 2.77 to 3 mill. A…
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identity fraud hell
My story started with something happy, a cruise, in oct i did the online check in for my cruise through the app like they had told me to, turns out that my details were stolen and during oct someone took out three loans in my name, payed them into the debit account (joint account card used for cruise) and immediately…
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Irresponsible lending-FOS
Hi how many times can you or how many complaints can you put in with the FOS at the same time about irresponsible lending. many thanks
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Which is more important - amount or %
Hi i am hoping you can help me. I have 2 loans currently and a PCP that i am paying off. I am due to renew my mortgage around September time so i am trying to make my affordability as good as possible. One loan is at £8200 and on 2.9%, the other is at £13500 and on 6.9%. I am due to get a payout of £8000 from my car being…
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Best or quickest way to pay off PCP!
I really need a house, but really struggling! I realise my car finance and other money issues (Like child care etc) are getting in the way and I need advice on paying off my PCP as quickly or best way possible. Have around 12K left to pay off on finance, with a little less then two years, plus a balloon payment at the end,…
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equity release
My father took out an equity release in 1999. This is a compund interest of 7.5%. He passed away and now the debt is owed by my mother. There is a penalty for early payment which is tied to guilts. They really new nothing about all of this and now looking into paying it off it seems that as it was a life time mortguage…
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Equity Release
My mum in her 80's has drawn down 2 lump sums of £30,000 to help her top up her pension. She is now telling me it's at a rate of 8%, if this continues, depending on how long she lives, may owe more than her house is worth. Do you know if she can get out of it? She wants to sell her house to down size, at this point could…
