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Cancellation after cooling off period
I took out a loan with a third party company after instructing papers to be drawn up for a Trust. I didn’t receive the paperwork for 25 days, 11 days after cooling off period had expired. When I read the trust papers with my son they weren’t what we had discussed at least 2 major items re ownership of trust and further…
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Halifax Loan - Self Employed
Hello, Has anybody got experience with Halifax loans and being self employed? I do bank with them and did a soft check where it said I'm highly likely to be offered the loan. It doesn't ask about work status until you officially apply. It's not for a massive amount, I've banked with them for years. Not sure if that makes…
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Amigo loans
In jan 2019 I took a loan out for around £2000 with amigo loans. My partner was the guarantor. Fast forward a few months I became unwell and was on zero income. My partner had to enter an iva as he could not afford to run the household and pay for my share of everything. He added the loan to the iva as that was advised and…
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Getting a loan in order to move so I can start an Apprenticeship
Hello, I am currently stuck financially and was wondering what solutions are out there for me. I'm 18 and In September I'm hoping to move in order to be bale to start an apprenticeship which is in a different city and I currently don't really have any money to be able to move and it's just the initial deposit and first…
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Credit trust secured loan
Hi all, I've been awarded a business unsecured loan from Credit trust(www.credittrust.co.ukl. As part of the application I paid for payment insurance as part of their requirements. Now I've been asked to pay pay a £549 tax before funds can be released. Does anyone have any dealings with this company? Is it legitimately…
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Debt consolidation / home improvement loan
Hi. I took out a debt consolidation loan last September and now I’m looking to remortgage. My advisor seems to think the only thing harming my application is having a debt consolidation loan. I’m having a lot of work done at the house and was wondering if I took out a home improvement loan to clear the debt consolidation…
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Have Student Loans Company Extended The 25 Year Write Off Clause to 30 Years!?
I have just had my deferment forms sent through and as I am on a Plan 1 Loan, I was mulling over the fact that I am now on a limited number of deferments as the 25 Year write off will come into place next year. I have 3 loans from 93,94 and 95 on one agreement and a seperate agreement for 97. I then wondered if my…
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Virgin mortgage policies
Hi, i am wondering if anyone is aware that Virgin Money mortgage policies are so different than other lenders.. I took 5 yrs fix buy to let mortgage thinking it will save money in long run as I don’t have to pay fees and i know i have to pay for 5 yrs. but didn’t realise that it will go against me due to virgin money…
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Settling HSBC Loan
Hi. I'm looking to settle my HSBC Loan. I borrowed £15k at 7.9% over 60months with a 3 month payment holiday. Total payable: £18,318.85 Current Balance: £14,960.44 Settlement Figure: £13,363.02 I just spoke with HSBC and asked if I paid off £10k today would I still need to pay the remaining amount £4960.44 and they said I…
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Lending to a friend
Hi, I am hoping for some advice please. I have offered to try and help a friend by loaning them a not inconsiderable sum of money to put towards buying their ex partner out of their jointly owned home. He will be getting a mortgage but cannot get the amount he needs so I have said I will see if I can 'top it up' for him.…
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MSE Loan eligibility calculator vs Experian MSE Credit Club
Hi there, Just would love some advice on this. I plan to get a loan for a new car. Been doing this the past 10 years or so with my last loan with Tesco bank paid off 2 months ago so now I am on the hunt for a new car to start the process again. I have signed up with the MSE credit club which uses Experian and when I use…
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Old car loan
Hi everyone Hope this post is in the right place Back in 2012 I had a car loan 2 years later lost my job car repossed Leaving balance of 6000 a ccj was placed on credit file (I buried my head in the sand and never dealt with it) Roll forward to 2020 ccj removed from credit file Now the company are chasing me My question is…
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Taking a loan in the UK as a non resident UK home owner?
I need to borrow around 15k, for personal reasons. I own a house in the UK, but I currently live in Spain and my only regular income is my pension. Is there any way to borrow against the house (which I plan to sell soon anyway)? Or any other options that might work for me? I am technically still registered there, but as I…
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Car Finance still ‘pending’
Apologies if there is a similar thread somewhere. This is a long one. I have gone through so many threads and I’m actually at the end of my tether here. I need help. About a month ago I picked up a brand new car I ordered back in March and put my old car down as a part exchange deal. The idea being the car dealership would…
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Mis sold loan for timeshare - Malta Azure Resorts Ltd
Hi. My parents went on holiday to Golden Sands Radisson resort in Malta in 2008. They were given the hard sell on a timeshare by Azure Resorts Ltd and they ended up taking out a £16,700 loan for a unit for 1 week a year. This loan for a financial stretch for them but the unit was made out to be an investment that would…
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Applying after accepted loan
Applied for loan with Post Office - soft check said 2.9%. Filled in details, it's primarily for home improvement but also debt consolidation. It asked me about existing debts - which I filled in, and it offered me 6.9% as an accepted application. But I won't have those debts once loan arrives. My browser crashed - I've not…
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Residential status and bad credit rating
I still own a property with my ex husband and currently live in a rental apartment. I have a terrible credit rating and want to rebuild with a loan where I will stick to the repayment plan. Is it possible to secure a loan against the house I own if I don’t live there?
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Perfect Home - Going the same way as Brighthouse?
Noticed today a notice on their website stating they have taken the decision to stop selling products and loans to new and existing customers. No word though if they are winding up like Brighthouse did. Has the likes of Klarna put pay to these overpriced rent-to-buy stores? https://www.perfecthome.co.uk/
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Student loans pre 1998
Hello, Having deferred my student loans for 20 years I have now fallen into the category where I now am no longer eligible for deferment Eurdio have now contacted me saying I have to pay just shy of £200 a month with no room for change. I am unable to pay this so I am in a catch 22 I am now wondering if I make a payment I…
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What is best to do at end of PCP agreement?
I bought a car on PCP finance nearly 3 years ago. The car is currently worth today via a WBAC valuation £13k. The settlement figure for the balloon payment will be £7.8K I pay £180 per month and this ends next spring. I have been saving up along side to clear the balloon payment at the end. I was on target to have saved…
