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Car finance. Not something I am familiar with. Advice please.
We are in the fortunate position of being able to spend between £25K to £40k on a replacement car. I am long time retired so no work options, a personal purchase and I tend to keep my car for a long time (10 yrs plus not unusual) so not at all familiar with modern purchase methods. In the past it was a straightforward bank…
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Elderbridge, are they even legit?
One CEO 3 company directors, one of which lives in India? Just Google Elderbridge on gov.uk if you're curious
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First Plus/Elderbridge Secured loan
Hi, I have read several threads concerning so-called 'Good Will' payments being offered by either Barclay's First Plus or Elderbridge. Does anyone have any evidence of 'any' payments/refunds having been paid?
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Loan overpayment whilst snowballing
I've just started snowballing my outstanding debt commitments. I've made an overpayment to a lender who have emailed today to say: We've noticed that you've made a large payment which has resulted in your account being in credit by £300. Currently we're treating this as an overpayment which does not benefit from an…
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Have you applied for a personal loan, then been offered one with a higher APR than advertised?
We need your help. Have you applied for a personal loan and then been offered one with a higher APR than the advertised rate? What happened? How did you feel and what did you do? Would you rather email us? Send your story to campaigns@moneysavingexpert.com. We asked a similar question on the Forum last year about credit…
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CRS
Has anyone had any dealings with CRS. I have been offered a discounted settlement offer on a debt that I know nothing about!. My credit file is A1 with no missed payments or arrears. Online reviews are mixed, but the word scam appeared a few times.should I ring these guys or just ignore it. Thanks.
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Excluding the applicant(s), how many people are you financially responsible for
hi, this is a great forum (for the random questions I have in my head), however couldn't find thoughts on the above. if taking out a bank loan/mortgage what answer should be given to the above question for the following scenarios? before I carry on, my thoughts were that it depended on whether you were financially linked…
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Applying for a loan just after moving into new property - AA Loan
Hi, We are due to be moving into our new property mid July. After battling to find a decent mortgage lender and have our mortgage offered to us we were presented with Halifax who would take us on. My credit score is 'Good' - All my current credit card debts will be paid off before the mortgage funds are released. How long…
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Illegal loan or friend loan.
Firstly hello and apologies for the long post. Hoping someone can advise on this recently found out my partner has ran up credit card debt. I have contacted stepchange to try and get a repayment plan organised for her. However she has also borrowed some money from a work "friend" she borrowed 2,000 over a 12 month period…
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Loan security risks.
If someone is registered as living at an address but does not own the property (say a son of the owners there) and they get a loan which they default on. What is the risk to the owners regarding their asset(s). Many thanks.
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Sold a caravan - turned out not to be the one on the paperwork, Finance Company won't refund
Hello everyone, I shall try to cut a long story short. I am trying to help out my friend with the following situation and have hit a brick wall. She and her husband bought a caravan with the help of finance from a bank's motor finance company back in May 2018, from a caravan retailer. In March this year they wanted rid and…
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Loan in Late Status and repaying
Hi All, I took out a loan in the summer of 2017, made a few payments then stopped. In October 2017 I wrote to the loans company explaining my situation and asking what can be done so as to do as little damage to my credit file. No response. Eventually by Christmas they discussed it with me and kept emailing me for income…
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Am I liable to pay if a loan company has sent me an e mail confirming my account is settled.
I had a pay day loan with a huge apr (I know this was a silly decision but I was desperate). Last month I got a bonus from work and used part of it to pay off the loan to save money in the long run. I called up the company and paid £300 (the original loan was £200 and had already paid 2 instalments of £58). I asked for an…
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Car HP with CCJ
Hi Guys Just wondering if anyone has and experience/comments on the following: Looking to get a second hand car and use some savings and the rest on HP. My credit score is not fantastic (low fair) and I have a CCJ from a year or so ago. The deposit is likely to be approximately 50% of the vehicle cost. I am wondering if…
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H&T loan payments
I have an outstanding loan debt with H&T pawnbrokers. I want to make a payment but would prefer not to phone as their call centre staff are an absolute nightmare! Is it possible to make a payment by bank transfer? Does anyone have the details?
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Very old loan - better to settle?
Hi all my first post here! I have a very old loan (it must be at least 12 years old, probably more like 15) that’s been chugging away on a very low minimum payment for eons. I am looking to pay off all my credit so that I can apply for a mortgage. So I am wondering, is it a good idea to settle my loan? Will settlement…
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First Loan Application and Self Employed
I want to apply for my first loan. I have been reading the posts in the Loan forum. I was surprised to read that the lenders don't take your credit score into account. I want to borrow £6,000.00. The only money I owe is £2,100.00 on my credit card which is 0% interest for the next 12 months as I did a balance transfer. I…
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Cancelling a loan and getting another one?
I have been approved for a loan that is being used to pay for a solar install. Since applying for the loan, I’ve developed some reservations about the company, so have decided not to proceed at this time. I know I can cancel the loan within 14 days (currently on day 3), but it may be that when I find a new install company…
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Short Term Loan needed as moving home…no success!
Hi, I'm currently living in a large property that we can barely afford with my husband that was made redundant two years ago due to Covid, i work part time. We are in the lucky position of owing £1000 in total on a property worth £500,000. We are in the process of buying a smaller property in another county and my husband…
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Good credit score but still being turned down
Hi folks, Just trying to secure a loan to pay off an overdraft and a higher % small loan, but getting turned down. Was looking to take £12,000 over 7 years, the slightly strange thing is it was coming up as having a 95% acceptance using this sites search but still not going through. I'm guessing not but is there anyway you…
