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Irresponsible Lending Complaint - Loan
I took out a loan in October which I feel I shouldn’t have been given. It wasn’t affordable and I was approved within minutes of applying. I had £17k os debt on credit cards and was given £12k. I have to pay back £17k including interest. Although I used it to consolidate other debts I now have an outstanding debt of £22k.…
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Pay off loans with credit card
I have three banks loans two at 2.5% and one at 8.8%..I also have a decent credit card which offers no interest on cash withdrawals for 30 months. My question is should I pay off the higher rate loan with the card if that makes sense. Any advice really appreciated.
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Loan to consolidate and get new car, advice
Hi, I’m looking for some advice as needing a new car due to spending out a lot (half the cars worth etc) the past year but also wanting to consolidate some debt (credit cards, overdraft) at the same time. I’ve got about £5000 in debt I wish to consolidate (as I just want to make it easier to manage with one payment) - I’ve…
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My loan repayment is getting me depressed
I was struggling with money at the end of 2019 and ended up taking out an Everyday Loan for £6000. At the time, I just needed to be in a better place and didn't think of the consequences of the repayment I would have to make on the loan. I took the loan out on a 5 year repayment plan at £272 a month. I am now getting…
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I’m being asked to pay my student loan back early
The Student Loans Company are requesting £960 back immediately, rather than being lumped into the other tuition and maintenance loans from my undergraduate degree. When I was in year 1 of my course (2017), my father, who provided most of our household income, lost his job, so I updated my details and, because my household…
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My £5.9k loan is now £17K after 18 years of paying and Elderbridge refuse to give me a breakdown
Hi Anyone! I'm really praying someone can help as I'm at my wit's end after being given the absolute stonewall by a company over a loan I took out in 2003 for £5,900 over 15 years which is now somehow £17,000. Their frustrating actions and promises have just about beaten me after 2 years of trying to sort this out. Worse…
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Forgot agreement reference when paying off loan
Hi, I’ve just paid off a settlement figure to Admiral Loans but I did not see the part of the email about including my agreement reference number in the transaction (yes seems obvious in hindsight..) until it was too late. I’ve called my bank and they can’t help with changing the payment reference I put, as the transaction…
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Gym Membership
Hi All I signed up for a gym membership last May, which I believed was on a 3 month minimum term and then rolling contract. I do not remember signing up for 12 months (as I knew I wouldn't stick it out that long lol) but low and behold they are telling me i'm in contract until June and that i cant, therefore, cancel my…
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Poor but not really bad credit - companies who will loan
I want to apply for a loan to consolidate my existing loan with my bank Natwest, my overdraft with Natwest and an overdraft facility thing (which I'm not sure if that is actually what it is) that I have with a company called Safetynet. On the overdraft facility thing I have with Safetynet I borrow £800 per month and the…
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Updraft
Hi everyone Im wanting to check if anybody has heard of an app called Updraft and if so have they any experience of using it? They are currently offering me a loan and are authorised by FCA but just want more info on them. Many thanks in advanced
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Personal Situation Help! Credit cards and loans and mortgages!
Hi, I've a unique situation caused mainly by building work overspend! We bought a house for 630k with mortgage of 500k. We have since put building work of 80k into the property. The plan was to fund this by pulling money out of the house, which was valued at 700k soon after and a buy to let property we have. With overspend…
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Sunny Pay Day Loans
When I was younger I took out loads of sunny loans, completely unaffordable as I kept having to take out loans to pay them back I was zero hour contract too so no proper checks were done, I've been reading that they've been closed down and customers were contacted for refunds due to unreasonable lending. I was never…
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Banks and person centred service
I have credit cards but want a consolidated loan to pay off the cards and have an easier life repaying the loans. But my bank won't lend.In fact, in 12 years of banking with this bank I have not received a loan approval. I have therefore been forced to use the high interest loan organisations and have paid off the loans.…
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Best Price Loans
We are getting some building work done and the price of this has increased. We are able to find some of the additional funds but are still 10k short. We have spoken to our mortgage provider who have explained that a personal loan would be the cheapest, quickest option for us. This has come in at 17.2% APR over 48 months.…
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Advice on affordability complaint moneyboat
Hi. Back in August 2020 I submitted an affordability complaint to Moneyboat regarding 4 back to back loans. They took an age to respond and when they finally did (April 2021) they offered to reduce the balance of my final loan from 613 to 230. ( the initial loan was for 400 ) I was in a panic and accepted this - fell for…
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Loan 2.7/2.8% is impossible to get
Just tried to get a £25k loan @ 2.7% from the AA. Also tried to get £25k @ 2.8% from the TSB. Refused on both. I don't see why I would be refused. I can only think this is a headline rate that no one has access to? Has anyone been able to get this low rate?
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Helping out
Our daughter has had a breakup and been paying her car, phone loans and mortgage for the last 2 years with no input by her ex partner.My wife and I have loaned money to get her through the hard times but as both of them are on the loan he gets away with murder.Our daughter wants to sell the property valued at approximately…
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Student loan (am I being stupid)
Hello, I've been weighing up whether to do a part time degree course, and also trying to work out if I'm mad or not for even thinking of doing it at the age of 34...but that's another story. Silly question, but can you apply for a student loan even if you haven't made your mind up about even doing the course first? I've…
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Student Loan Overpayment Claim Back Query
Hi, I spoke to thesis today about my 1997 student loan as I thought it gets written off this month, it doesn't. At some point in the (fairly recent) past the required wage to be repaying my student loan has increased (It's now at gross £3,023 per month) and i am now in the bracket to defer paying it back. Apparently I can…
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Help to Buy & Student Loan Payoff
Hello I have a help to buy mortgage and a student loan. I have been offered a job overseas and was wondering: Which loan should I pay off first? Do I have to pay my student finance while I’m overseas?
