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Written off loan problem!
Hi All I am after some help! In October 2018 the last bit of debt I had was written off by AA loans, I couldn’t believe it as this was for 14k. The AA marked my credit file as settled and confirmed on the phone on 3 separate occasions (I have all dates and times of the calls) that this was written off but refused to send…
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Bounce Back Loans HSBC
I wonder if people can help. I applied for an HSBC BBL to support me with cash flow - I own a nice holiday management business in Cornwall. I have received no money’s from anyone to date through the Covid crisis. HSBC in their wisdom have declined the loan as I bought the business in May 2020- even though it had been…
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The Training Room, IT course scam
I don't really know if this is the right place to post... I graduated with a degree in product design in 2017 and started working for a small electronic company. I joined a course 2 years ago. I started and noticed that the quality of the material was really bad - basic but it was too late to cancel. They said once I'd…
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Paypal Credit - Beware all is not what it seems.
Hi, I recently got a 0% credit card and decided to consolidate my Paypal credit account into this to reduce credit charges. You can imagine my surprise when I was told by the agent "You cant pay your balance with a credit card as it is against our policy. Our policy is to ensure you don't create more debt." I advised him…
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Declined after incorrect DOB
Hi, just looking for some advice/thoughts. Last night I applied for a small loan to help with home improvements. My laptop auto filled in my address and date of birth etc. I only realised after the application was submitted that my date of birth was incorrect. It was so slight I didn’t even pick up on it when reviewing.…
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S77a Annual Statement Help
Hello. Long time watcher but first time poster so apologies if this is covered elsewhere I've just received my copy of my annual statement from MyJar for a loan I payed off early last year. When I called up for a settlement fee I always felt it was a little higher than expected but as I was glad to be rid of the debt I…
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Paying back money from loan early to reduce interest rates
I am looking to borrow £3000 from Tesco home loans, apr 8.9%. If I borrow £7500 apr 3.0% and payback £4500 in the 1st week would I keep the 3.0% interest rate?
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PCP Car Loan
A family member is hoping to purchase a new (or ideally pre reg) car. Their preference is to pay "cash". However cash sales don't seem to generate any interest at all from car dealers. It seems the only way we can a decent deal is to go down the PCP route, and benefit from a manufacturers deposit contribution. I have never…
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Borrow to Paying low student debt off in full
Hi. Ive read all the advice in srudent lians and if it was a high loan I would definately not consider repaying early but my son only attended Uni 6 mths and so has a debt of £8500. he has left now and joined raf so low wages... but im worried that a lowish loan is going to escalate with te intereat charges... obviously…
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Erudio - website down and no emails
Erudio usually send an email around early Feb for me to arrange deferral of my loan. It hasn't come this year and I have just checked their website to find it down with only a phone number there. Anyone else received any recent correspondence from them? I''m based overseas and their hard copy arrives a few weeks after…
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Please help - Loan anguish
Hi forum, I was hoping some of you who have a better understanding of loans may be able to chime in. I’ve had two Sainsbury’s loans running consecutively for a few years now. Last week I decided to consolidate both and given that I’ve always been really happy with Sainsbury’s, I would normally have approached them to…
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Money lent
We are paying for a new fence for our neighbour as it will benefit us as much as her and she cannot afford the layout. We are going to make arrangements for her to pay the money back when work is completed. We are both in our 70s so there could be the possibility we were to die before it is paid back in full. My question,…
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Car loan
Hello everyone looking for a bit of advise as I have never done this before! I am looking to take a bank loan out for £9,200 to buy my car! First question is does it have to be for that exact amount for the car or could I just round it up and take £10,000 (which I would ideally like it to be as it would help me out with a…
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Redundancy / Relocation - Financial Help
Dear All, It is my first time posting here so hope you guys can help as the financial world is a confusing one. I lost my job last year due to the Covid-2019. Previously, I have been in full time employment for over ten years and always been financially secure so my credit score was great and I never had any problems with…
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Borrowing for business investment - options
Hi All, I am in a bit of a quandary and in need of some advice! I am in a lucky position to be a salaried director in a company, I have been offered the chance to become a shareholder by purchasing shares and in essence becoming a full member of the board (not as glam as it sounds). Its pretty low risk, with entrep relief…
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Paying off TSB loan early
Hi, I've searched the board for advice on this but similar threads are a few years old so I wanted to try and get some up to date advice. I took out a 4 year car loan with TSB last summer, actually bought a cheaper car than I planned so was able to overpay some of it back almost immediately and have made another…
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In general, is it possible to have two personal loans from different lenders at same time?
Has anyone achieved this? Is the amounts in question a factor, or more the number of active loan facilities you have?
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Advice to help recently widowed mother to move.
My dad died suddenly last month and mum is keen to move to a smaller sheltered dwelling accommodation flat. She has found one locally that she is very keen to buy for £150K. The current house, although in dad's name will be passed to her ... she is sole beneficiary ... however sorting probate and transfer of the deeds…
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Need a loan for home extension, but covid/being self employed has plummeted my income on paper
Hello all. I have planning permission granted for a double rear extension to my home. I'd like a loan to pay for this, as I'm not due to remortgage until 2024 and am tied in. I'm self employed and have not been allowed to work in lockdowns, so my earnings for the 2020/21 year are low to say the least! Low as in under 10k.…
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Secured loan
In 2007 we took out a secured loan with First Plus. The loan included a premium of 12k Ppi. First Plus paid that amount back by there choice in 2012 but it is still included in the loan total and I am paying interest on that. Didn’t realise at the time and felt loan was missold as taken adnantage of our then difficult…
