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Erudio and SLC problem - please help!
Hello, I hope someone can help - this is a ‘in a nutshell’ description of an issue I have with Erudio. I have 3 old SLC loans from 94-97. These were always deferred up until around 15yrs ago when there was a mix up with SLC not getting my deferment and trying to charge me. It was never resolved. The loans were then passed…
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Postgraduate loan help please
Hello, I have been accepted onto a Masters degree with a student loan covering the first 2 years. The whole cost of the Masters is £17200 and my loan is up to £11500. I actually don't need to do a full Masters, to get the career I want I can finish after year 2 with a PGDip which would be fully covered by my loan.…
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Self build mortgage not an option - any others?
Hi all, hope someone can help? We are a young family who are moving from the UK to Ireland where I am from. We want to raise money for an alternative home build. It will be built using tried and tested methodology and all plans checked by an architect and ensuring it can be built to regs etc - but the ROI where we will be…
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Equity Release for residential property near commercial property - which lenders are most flexible?
Hi, My ageing father would like to do equity release to purchase a standard construction bungalow on a large housing estate near a large supermarket for probably 40% LTV; the lender we had expected to say 'yes' without difficulty said no due to the proximity of commercial premises (the supermarket). looking online this…
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Effects of not accepting a Loan offer
After a full application and credit check I have been offered a personal loan by one of the major banks. Plans have just changed (contractor delays) and so I don't need the funds until 4 months from now. Will not accepting a loan go against me when I re-apply? i.e. is there a negative effect on my credit score if I do not…
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Partial Repayment
I am no stranger to personal loans, and have often made partial repayments when I can. I am now in a position to make a partial lump sum repayment of about £3k. The loan is with Natwest and I have noticed their practices do seem to be a bit different to other loans I have had. Normally when I have made a repayment, for…
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Student loans 2023 - cost of deferment
My son needs to make a decision as to whether to go to his second choice university now (September 22) or his first choice next year (September 23). Unfortunately he was initially rejected from his first choice but has now been offered a deferred place after an A-level remark. He will be able to borrow the full maintenance…
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HP loan started but not a received car, what are my rights?
I purchased a car from a nationwide online car supermarket. The day of delivery was 22nd but on 19th I was told the car had some cosmetic damage and unfortunately would need to go to the main delearship for repair. Fine. However I was contacted by the finance company stating that the finance agreement takes effect from…
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Myjar and ACI
Hi Received an email from ACI from this company this morning say I owe my myjar £328 from an outstanding loan. I accept I had a loan of £659 I paid off some of this and set up a repayment plan, complained about their ridiculous interest rates which they wrote off reducing it to £400 which I then paid off at £20 per month.…
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Student loan repayment - calculated each month?
Does anyone know if the amount of student loan to be repaid from salary is typically calculated by the employer each month? Someone I know is in a first job after graduating in 2021 - usual monthly pay is under the threshold but latest pay includes a one-off bonus that has triggered a student loan deduction for this month.…
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2nd mortgage or Equity release?
What are the experiences of the group on Equity release? Is it better to look at a 2nd mortgage instead? Are they legit?Don't want to downsize to get money, no mortgage and don't have family to leave to so paying back the ER would not be an issue. Just looking at all the options.Thanks
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Irresponsible lending
I set up a basic bank account with BoS some years ago. I have episodes where I don't control my spending too well, but as I work full time I don't have a support worker etc. I saw a banner on my phone banking offering me an overdraft, I knew it was a bad idea. But I cannot control it. I took out money, and drank it till…
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Voluntary termination
I have recently voluntary terminated my car loan agreement as it was too expensive and couldn’t keep up with the payments. Not once did the company tell me I would need to pay back £8000 - £388 a month when I was paying £400 for the car. I now have given the car back and they have sent me a letter to say I would need to…
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AA loan process - help!
First post here and very confused. I applied for a loan with the AA and the website stated that an application made online usually results in an instant decision online. This seemed to be supported by the contents of the webpage which loaded once I made my application. I printed this off and it states “your application has…
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Applications
Hello, I applied for a low interest loan and was accepted however it wasn’t a guaranteed rate and it more than trebled with the approval. I am not going to accept, however My plan was to use this loan to pay off an existing home improvements finance with a high interest 8.9%. When is it safe to apply for another one as I’m…
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Student loan paid , refund query
I took out a few student loans around 30 years ago ... All loans have been paid off because of late deferment payments .. i.e i had to pay back x amount each year because i was late in applying for a deferment because my income was below the threshold . All my loan is paid off , .. but i have realised my income each was…
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my jar redress
has anyone else recieved their redress payment. i had an email saying i was entitled. i provided my bank details. i recieved nothing. i have emailed them to ask what’s happening of which they told me payment was made on the 18th july. i keep getting the same email over and over stating it has been paid. the phone line is…
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Secured loan being written off
I've received a letter this morning from Everyday Loans regarding a loan we took out in 2007. When we enquired, we were told not to worry about me not starting a new job in a few days and my wife being paid £250 per month as a salary but earning £2000-5000 as commission. The firm my wife worked for went bust and we ended…
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Catalogue debt
Hi my dad passed away in June and had a studio catalogue with a balance of £1000. He had no assets apart from about £4000 left in his bank when he died which was obviously used to pay for the funeral , I informed studio of his death and told them there is no estate etc they then replied saying its been sent to debt…
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Personal loan for self employed paying dividends
Hi Is there anywhere that will provide a loan for self employed people that pay themselves dividends. Most lenders wont lend.
