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Comparison sites states 95% approval but rejected
Hi... I was just wondering if you any one can explain why on a comparison site states 95% chance of approval but my loan was rejected. We are looking for a personal loan for house improvements. We have only just moved in to the property (Dec) so I am wondering if this could be the issue. Can some one advise whether I…
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Credit cards - Loans and Remortgage
Hi, Apologies if I've posted this in the wrong forum or if a similar topic has been covered by I could do with some advice with regards to Loans and Credit Cards. Before lockdown V1 took place we remortgaged our property to add an extension with a 2 year fixed. During this period we purchased some materials on credit cards…
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Three months of payslips
Are there any loan companies that don’t require proof of income with payslips?
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Moved: Mortgage and School Fees
This discussion has been moved.
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Energy "loan" from the Government
This is a copy of an email that I sent to The Treasury, I posted a copy of the wording on Twitter and it's getting a very good response. I wonder if Martin would do a feature on his Show, as I feel that the legality of this needs to be brought into question. I feel that the Government should follow the French and impose a…
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Car loan quote different to terms offered
Hi I applied for a (PCP-style) loan using a car finance broker online. I filled in a form on their site and was emailed a quotation from a sales representative with terms I had discussed on the phone with them, with stated repayment amount and representative APR that I was asked to accept electronically which I then did.…
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How accurate are Totally Money's pre-approved statements of offer etc
Hello everyone: Had a discussion on here some time ago (late last year) about a Barclays unsecured loan which I used to consolidate an old credit card debt. I am pleased to say that I have been paying this to term and do not have any other debt/created any more debt as in lesson learned. I do have a PayPal credit account…
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Loan offer
Hi, after checking on MSE site for loan compatibility I applied for a loan with M&S bank at 2.9% which the site (MSE)said I had a 95% chance of getting (loan amount 10k). I was immediately accepted but with an APR of 5.9%! My credit score is rated excellent . The loan is to pay off a buy now pay later loan that is due to…
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Withdrawing from university in the first term - repayment of tuition loan (25%)
Hi For various reasons I quit university in the first term. I’d started the course late and felt I’d missed too much work to be able to catch up . I actually only attended 1 lecture before realising things weren’t going to work out. Having withdrawn in the first term I am liable for 25% of the annual tuition fees -…
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Lending company loan calculations...
Hi there, using the MSE loan calculator £10125.00 loan over 5 years at 6% is £195.00 per month. When inquiring at high street loan companies they quote a figure of £219.00 per month for the same amount over 5 years at 6% When I point out that a fixed rate of 6% should be £195.00 per month they say, thats the figure their…
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Should I pay more on my SLC loan?
Hi all, I'm 30 years old in a fairly good job. Assuming a 5% payrise each year, my student loan with SLC from a 4 year undergrad course will be paid off in 10 years By making additional voluntary monthly payments at an initial £50, then also rising by 5% each year, it'll be paid off in 8 years. By doing the same with an…
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Student Loan
I haven't been living in UK for the past 3 years due to parents working abroad so have been rejected to student loan. I remember seeing something from this website about father working abroad and still can apply for student loan. Can someone give me guidance please. Thanks
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PCP financed car had two engine replacements
my PCP financed Range Rover Sport had two engine replacements and spent 6 months at the dealership can I claim anything from the finance company. When I was sold the car I was told to put a lower mileage than I suggested by the salesman. He stated that there were no second hand Sports on the lot that were under the £33,000…
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Personal Loan
I applied for a personal load through my Bank- which was refused, no explanation. I appealed and also contacted all he credit/loan companies at the same time, and my credit rating is good. After receiving the response to my appeal, it had mentioned that the bank didn't think it was in my interest for the loan to be…
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Lifetime mortgage interest charged from death of insured to sale of property
With an added complication, 5 months after my mother’s death, of the selling agent, in my view, trying to gazump the market by £20,000 up to £260,000 at the height of the price boom in February 2008. The eventual buyer in April 2009, at what seemed to be the bottom of the fall, gazundered, when signing the contract, by a…
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Consolidation loan… good idea or bad idea??
Hi all! :) I’m brand spanking new here so hope I’m doing this right… I’m hoping I could get some advice. Myself and my partner are hoping to purchase a Shared Ownership property this year, and will therefore need to apply for a mortgage. We are unsure as to when this will be yet as we haven’t found the right property. I do…
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Calculating monthly payments please help
Hi Im not sure if this is the right place to ask. I have some catalogue accounts but they have not been very helpful when I have asked them. Some of the items on the accounts were purchased by a family member, I have been trying to work out their monthly payments with the interest added, but Im finding it very difficult.…
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Why Can't I get a home improvement loan?
I am currently renovating a barn which has a value of around £650,000. I do not have a mortgage, or any loans or any dependents. me an my partner are both self employed. I earn £27,000 per year. We live at the barn address which was only created by the council last year, so the address is only 6 months old I am looking to…
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118 118 Money fraud
I have just had the same as some previously with 118 Loans, where someone has done a soft credit search for affordability for a loan application when I haven't even applied for a loan.. Tried to contact them press to speak to someone in their fraud department only to be told there was no agents available to speak to so…
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Change/cancel car finance loan
Hi, I purchased a used car (approx £12,000) and will be collecting it shortly, the dealership applied for finance (also putting down a £3500 deposit) and its come back with a fixed sum loan agreement at 10.9%apr. I’ve since done a personal comparison on here and have 95% chance of a personal loan for the same amount for…