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Help,Creditspring Scam?
Hello, advice needed please: I recently received numerous text messages from a company called CreditSpring claiming I was behind on my "membership" payments to them and they would report this to Equifax and Experian. I checked my credit report and indeed this company are on my credit file and had taken payments from my…
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Student Loans Company
Hi, I was wondering if a default on your credit file would affect your ability to get a student loan? I can't find any information online. Thanks.
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Personal Loan repayment thoughts
Transferring personal loan to credit card So I just took out a personal loan of 12000 at 11.3%. The first payment is not due until July 30th. A credit card that I have has just offered me a balance transfer of 5.8% and that rate stays until the balance is paid off. Meaning there is no time limit to have it paid. The fee is…
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Loan taken out then used for other purposes
Any thoughts or ideas please Ladies and Gentlemen. If, a person, took a loan out with a bank, being a Unsecured Loan, with the express reason for being for "Home Improvements", and then, being approved, moved those funds, through their bank accounts, and then, they used the full amount of the loan to purchase a fixed asset…
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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…
