-
Interest Free Credit
I would like to purchase some furniture from John Lewis amounting to £4000. Does anyone know how credit allowance is calculated for John Lewis? I would like to know what my annual income needs to be to purchase items for a specific amount, preferably over 24 months which I think I need to spend 2000 to acquire. I would…
-
Grandparent tax free loan to pay off mortgage
My grandad wants to pay off my remaining mortgage with a lump sum of 75k but then I pay him back tax free monthly for 10 years to repay the loan, if he passes before this he wants the remaining loan balance to be written off, how do we document this, are there any tax implications
-
How can I get £5000? Plenty of assets but low income
Ok, I am living abroad on the £750 pm rental income from letting my home. House is mortgage free and I have £40,000 savings that I cannot access without paying tax on what I withdraw. I need approx £5000 to buy land here but after a soft search cannot get accepted for any loans. My overdraft facility is £5000 but I am…
-
Why are online loan websites taking me round in circles?
I've been attempting to apply for a small loan and everytime it says I'm accepted, I'm redirected to another website offering this loan. When I choose to accept the loan from that company it again takes me to another website with yet another list of possible lenders. It's frustrating. Why is this happening?
-
Equity Release
My parents are aged 85 and 90 and still living
in their own home. Dad has heart
problems and as expected for a 90 year old has intermittent other acute health
problems. Mum is physically fairly fit
but has recently been diagnosed with Alzheimer’s. They live in a lovely house and would really
like to end their days there.…
-
price comparison site searches
hi, i frequently search for loans through credit agencies, clearscore, credit karma, experian etc, pretty much everytime they email me (which is alot!) - i do this because i’m interested in what’s out there basically and what my credit rating might get offered, i.e i don’t do it to actually apply for a loan, i’m just…
-
Klarna will share your buy now, pay later borrowing data with Experian and TransUnion from June
Shoppers using Klarna's buy now, pay later (BNPL) services will have their repayment data shared with two of the UK's biggest credit reference agencies from 1 June, so how you manage your repayments could affect your ability to get credit in future. Read the full story here: 'Klarna will share your buy now, pay later…
-
Barclays First plus
I’m new to the forum I had a second mortgage with first plus 16% interest rate between 2000 and 2014 complained about the interest on multiple occasions to them and FOS turned down 3 times I tried talking to FOS again recently about these historic complaints and they have said they can’t reinvestigate again any ideas what…
-
Applying for loan-wrong address
Hi all, searched the forums and couldn’t get the answer I needed. I have moved house, so changed address with banks and I did do the electoral roll. However the credit score apps are still showing as my old address. If I apply for a loan at my new address, will it just fail as the address hasn’t been updated yet? many…
-
Firstplus secured loan claim settlement
Hello Forum, I heard that Firstplus is settling for customer complaints (interest rate variation clause), I have borrowed about 65000 in 2004 and early settled the loan in 2019 and paid around 53000, so I paid 15yrs. Can anyone suggest me what possible claims I can make against FirstPlus. 1. interest rate variation clause…
-
Loan with Bad Credit
Hi there I was wondering if anyone could help? I am trying to get a loan to consolidate my debt. I have a poor credit rating but loan repayment would not be unaffordable at all, so I am really confused as to why I may be getting declined. Does anyone know of any specialist brokers online who you can speak to and will find…
-
Student loan rate increase - your opinions on my idea please!
I have a student loan balance of just over £7K, around £100 per month is debited from my monthly pay. To avoid the interest rate hike to 12% in September, I am considering taking out a personal loan to pay off the settlement amount, then pay off as much as I can afford (will calculate this soon) to settle the personal loan…
-
Additional borrowing on mortgage Natwest
So we had a call to ask for 20k additional borrowing and it was rejected she said it wasn't the affordability issue it's something on our credit checks. (Our mortgage is with them) so I done myself and husbands equifax no issues and spoke with them they confirmed no issue must be Natwest criteria but they say its credit…
-
Pre 1998 Student loan threshold
Hi i am in the position of very nearly tipping over the current of £36284 which will mean not being able to defer my loans from Nov. I am due to have them written off on 2nd dec 2024 but as you can imagine i dont really want to start paying £200 a month. Does anyone know how they calculate the thresholds year on year as I…
-
Having a loan affect taking out a mortgage
Hello, I recently took out a loan to clear up a few debts. However I have savings in a LISA for a mortgage. Would I still be able to apply/enquire for a mortgage although I have this loan.
-
Numerous Loans taken by Inexperienced Idiot - Advice Appreciated
Hi Folks, I feel a bit of a fraud coming on here because I
haven't used this site in years. I'll give you the background of the whole sorry
story, but essentially I'm looking for some help and guidance please. In 2019 my mum passed away suddenly. I lived at
home with her and was pretty much used to paying keep each month…
-
Tesco Loan
Hello,. I was thinking to apply for Tesco Loan,. One of the questions comes up is total credit card debt and total credit limit, I have large credit limits,. I think total card limit is around 70k. Will that that affect on my application? Thanks
-
Private Loan
Me and my then husband had a joint mortgage. His Dad paid off the remainder around £114k and the agreement was to pay him £660pm for 15 years interest free. This term was also the same if we were to continue with our mortgage at the time. No official paperwork was drawn up or signed. His Dad sent monies to his Son's sole…
-
CCA breach - covid repayment break
Does anyone have any experience if reclaiming interest because of a Consumer Credit Act breach because of a loan repayment break? my loan provider didn’t show interest during the repayment period on the statement. They also didn’t send any arrears notices.
-
Bank of Ireland loan
Hi, recently bought my house and needs abit more work than expected, BOI have offered me 11.9% on 10,000 borrowed over 8 years. I’m no money guru and just wondering if you guys think this is a good deal or I should shop around. This is after I have applied due to I seen them offering 3.1% apr (representative)
