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I need advice, going to ask for my first loan
Hi, I am going to ask for a loan for the first time. It is for personal reasons and not to buy a house. Soon I will move to a different address (I have been at current one for 3 years +). Could this affect my chances to get a loan? What would be the best thing to do?
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Loan settlement vs large overpayment.
I've been approved for a lloyds personal loan for a car at 3.9%. We will probably be a in position to settle the loan within a few months of taking it due to some business money coming through but it could take longer. Settling early would incur a charge of 58 days interest added onto the balance. There doesn't seem to be…
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Confused about loans
Hello, I have a question about small loans. Earlier last year, I took out a small (<£1,500) interest-bearing loan with PayPal. Later the same year, I bought an item online, on which a deal of interest free credit from PayPal was being offered, so I went ahead. As these were separate transactions, I expected them to be…
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Home improvement loan
What is the best option to take a home improvement loan other than extending the mortgage given increasing interest rates March 2022
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Alphera - PCP - Making additional payments
Hi all, I hope you can help Alphera agents are not at all helpful. I have a PCP deal with Alphera. I am wanting to reduce my monthly outgoings. I want to pay approx 75% of the total outstanding monthly payments (I have paid 12 payments with 36 remaining - its 75% of the 36 months I want to pay). I expected the 75% to…
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Irresponsible Lending - Hitachi (now Novuna)
Hi. My father in law has recently come to my partner and I for help regarding his credit, and has really opened up about the affordability of his commitments; we knew he’d committed to some credit and offered assistance, but we didn’t understand the circumstances fully. One particular credit, a loan from Hitachi, is…
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Amigo loans vote
I have received an email saying that I can vote on Amigo loans but I really don't understand how I should vote. Any thoughts?
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Admiral Loans missing text message..
Hi mser's f.y.a. Seems Admiral Loans have a fault pending with Sky and 02 mobile networks. Log in text not received, so I'm unable to log into Account. Network providers to provide a solution whenever, thanks
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Erudio Loan end of term
Hi Does anyone have experience of their loan term coming to an end with Erudio. My 25years is due to elapse in Oct 2022. I have just deferred for what I hope is the final time and my deferment is valid until May 2023. Do you need to do anything at the end of the 25yrs? Proof of income again or anything or is it just…
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PCP with apparent low income
In the past I have
purchased cars with cash and run them for several years. I am now
retired and looking to move to an EV car. I intend to purchase
using a PCP. My thinking is that the technology continues to evolve
and I do not know what the residual value of EV is, so I can to some
extent protect myself from those…
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Car loan (PCP) - additional credit checks
We applied for a car loan back in December when we ordered a car. The finance company did a hard credit search, approved the loan and sent us all the documentation etc. Is it likely they will do another search when the car is ready (in a month or so).
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Erudio Student Loans
Hi All, I need you help and advice. I have an old style mortgage student loan, 1997, that was passed on to Erudio Student Loans to administer. I've never met the earnings threshold to start paying the loan back so every year I'd send in proof of my earnings to get an annual deferral. All ran smoothly and easily until…
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Personal Loan
I’m looking to take out a loan of around 8000-8500. I’ve been looking around, trying to find my eligibility. I’ve a 900+ credit score on ClearScore. I can get a guaranteed accepted loan of 7.4% with Admiral, or Ratesetter is around 4.5% however it still has checks to do, apparently. My own bank is showing 70% chance of…
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Loan application after coming out of Stepchange for a lower interest Rate
Hi All I'm new here so I'm looking for some advice, I have a car loan with Moneybarn at 19.9% Apr and I'm almost a year clear of any debt and out of Stepchange and I'm trying to building up my credit rating, so this is what I want to do, I want to switch the the car loan to a lower APR so I have now received my settlement…
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What type of things to lenders look for on applications?
Looking for a personal loan for house renovation. We are doing most of the work using our spare money but need to replace the kitchen so looking to take out a personal loan to cover this (we have thought long and hard and feel this is the best solution for us) We bought the house in December 2021 - FTB and have been…
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Going directly vs using mortgage advisor
I am a first-time home buyer and my current 2-year fixed rate deal ends at the end of May 2022. My current loan is with Halifax and I have contacted Halifax directly to provide an illustration. I also contacted 3 independent mortgage advising services (brokers). Halifax gives me 2.22% for a 5 year fixed rate, which I find…
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Loan v credit card
I have a loan to purchase 2 mattresses. Amount borrowed is £2150 @16.9% over 5 yrs paying £52 per month. Interest charge over 5 yrs is £900. I have an MBNA credit card @ 7.9%. I have tried unsuccessfully to use the calculator. Will I be better to pay off loan and use credit card?
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Loan companies not listening....
Hi there, I'm after some advice is possible. I have a loan about to end which is around £600 remaining @ ~£280 / month(Sainsbury). I also have a VW Finance Lease which is ending this month for which I need to pay a bubble of ~£ 14000 (@£379.99 / month currently) So - I've gone to Sainsburys after they send us a letter…
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Full and final settlment accepted and paid to loan company but now DCA emailed me
I had a full and final settlment accepted by a loan company, as they have went into administration as well so guess they could have used any money they could get. Now I have a DCA which has emailed me ( ACI ) requesting the loan payment. Can anyone advise regarding this ?
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Loan and balance transfer
Hi all, Typically, things have all happened around the same time, and I now need to shift my credit card debt (£5k) to another 0% balance transfer. I have no concerns re this as I currently have a credit card limit across the two cards of £18k and have never gone anywhere near that figure. However I also need a new car…
