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Which loan to take
Hi There - Looking at financing some home improvements and been on money supermarket. I've been pre-approved for a loan at 7.9%, and that rate is guaranteed. I have been given 95% eligibility for a loan at 4.5% from virgin money. What do I do? Obviously, I want the lower rate, but if I am given a different rate on…
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Refinancing loan advice?
Hey everyone, I'm looking for some general advice on possibly refinancing a loan. So I currently have 2 loans. One is 230 pounds a month, this is paid off in 25 months, just over 5k total One is 330 a month which still has about 5 years left to run - just over 16000 total A recent change of job and having to wait 7 weeks…
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APR on offer
My online banking allows you to check out how much you can borrow and what the actual APR will be on the loan. I checked this out last week as I’m thinking of buying a new car and it was 3.3%. I still had less than a year to run on a current loan I’d taken out for my current car so I decided to repay the loan in full…
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Need a car!
Hello, This is my first time posting and I would appreciate any help anyone can offer... I live with my partner and 2 year old son, I earn £26,160 per year which is our only income, I pay £800 a month rent and we receive around £500 in benefits per month. I have no debt and a credit score of 902 on Expedian. We desperately…
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Early Settlement on HP Car loan
Hi all, I took out a HP loan to purchase a car in Nov 2019. As I had woeful credit history at the time, the APR on the loan was staggeringly high. Obviously with hindsight, this was a very stupid thing to do, but I did it, so no point dwelling on it. I've learned from it. My credit file is now in a really good place though…
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My name has been listed as a creditor on a DRO…
does this mean that I will never get my money back? I lent a now ex friend, £250 to do courses to further their career. She didn’t start paying back until 18months later, paid £95 in sporadic payments and then stopped. Her reasoning being that I had more income than her (?).She distanced herself and started ignoring…
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Future Loan App and FTB - Looking for Advice
I am a first time house buyer and once I have bought the house, I am looking to do an extension which will cost approximately £30-35K. I currently have a loan of £15K at 13% with the bank at 60 months (high street bank). I have had a look at "potential rates" through the bank "offers for being likely/very likely/unlikely…
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Ex Family loan for business start up
I’m looking for advice about a loan myself and my ex made from his father. We borrowed £5200 to start a business over 3 years ago which failed. We signed a printout to say we borrowed the money and would pay it back, however since separating nothing was said. Then out of the blue, he has contacted me to say I owe £2600 and…
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Our brother wants to lend us money to help us buy a house - how to protect everyone’s interests?
Hello All, this is the situation we need help with:- My sister, brother and I are buying a house, using inherited money, that my sister and I will live in, and that will hopefully generate an income for my sister and me (AirBnB). Our brother has a house of his own as well his business premises and part ownership in other…
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Provident & Claim Action
Good afternoon I wonder if anyone can helpMy ex wife recently got in touch as she had been contacted by Claim Action via her response a Facebook post. Apparently they say that due to recent legislation changes old provident loans customers can claim back the interest charged. As we both had loans out during our marriage…
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0% finance
Hi sorry if i've post this in the wrong place but just looking a bit of advice. I'm currently looking to swap from oil to gas and have had quotations to do so and been offered 0% finance. I'm luckly enough to have the amount saved up to cover the work but was wondering is it worth it to bank the money (and not touch it)…
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Rewritten loan
For a rewritten loan do the miss payments disappear, and you start a fresh, because I have one rewritten and no miss payments on it anymore,where’s before I had about 6. Also how do mortgate lenders look at rewritten loans?
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Conned by my own bank!!!
I have a car I bought 6 years ago (cash) which is now 14 yrs old, and it's only ever passed it's MOT once! Every year it costs me more and more, we're not talking a few quid, but hundreds each time, in fact I've spent over £3500 on a car that today is only worth £250. So I've decided now is the time for a newer car. After…
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Hoist Finance UK Holdings 2 Limited
Hi, not sure if this is the right place to post, sorry if it's not. I got a letter from a company called Hoist Finance UK Holdings 2 Limited. They appear to be a debt collection agency, and have an outstanding balance of £577.53 to my name. I thought I was financially in pretty good order, so I called them to find out what…
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24/7 Moneybox Redress
Hi guys, New poster and first time thread so go easy on me please. I received an email yesterday titled "Important information from the Joint Administrators of Active Securities Limited (in administration)" regarding the Online Claims Portal. I thought nothing of it at first as any loan I had with 24/7 Moneybox was paid…
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Invalid credit agreement? - please help!
We purchased a bathroom a few years ago and signed up to spread the cost with finance via a 3rd party. There were changes made to the bathroom design and fit along the way, and a new credit agreement was never drawn up or signed. It has never been set up with the finance company. The design consultant that we used has now…
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Value of loan...
Hi I currently have a loan with an outstanding balance of £7500. The interest rate isnt great (13.5%) and i was hoping to get a loan at a better rate of 4 or 5% and pay the old one off but unfortunately after carrying out eligibility checks on various sites (post office, m&s and a few others) i cant get one to beat my…
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Amigo loans refund!!
Hi all first time posting on the forum.I stood as guarantor for my son on an Amigo loan of £3500 over 60 months back in 2016.I took over the payments as guarantor as my son was having trouble keeping up the payments.On 1st March 2021 I made a final payment of £1087.00 to clear the balance ,so the balance is shown as £0.00…
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Advice not needed anymore
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Online Loan calculator/ printable schedule
Hi I was wondering if anyone has come across or used any smart resources online for printing out payments/dates/amounts on a sheet. My partner and I have bought a car and we have a bank loan to pay back but he wants to pay weekly as that's how he's paid. I get paid monthly and that's straightforward but I want us both to…
