118 118 Loans

CallumRoy

Please delete - I’ve received some answers to my question.

[Deleted User]

Yes - pay it back as soon as possible.

If you withdraw within the cooling off period, you will avoid any early repayment charges.

CallumRoy

The loan started in October 2019. So it’s already passed the cooling off period.

[Deleted User]

Oh well. Throw as much as you can at it. You can still save a lot of interest.

Bermonia

Please keep in mind irresponsible lending is not the same as irresponsible borrowing.

As advised throw every spare penny you can at this to clear it off as soon as possible.

DCFC79

CallumRoy wrote: »

Hi all

Just after some advice. I went to take a loan out with 118 118 money but I got declined.

I tried on another email address and the loan went through. I was stupid enough to take out the loan. Is there anything I can do regarding this? Irresponsible lending? Exact same details but different email address.

Thanks

Irresponsible lending - sorry but no chance of that working.


Just do as advised, put every single pound you can toward the debt.

foxy-stoat

CallumRoy wrote: »

Hi all

Just after some advice. I went to take a loan out with 118 118 money but I got declined.

I tried on another email address and the loan went through. I was stupid enough to take out the loan. Is there anything I can do regarding this? Irresponsible lending? Exact same details but different email address.

Thanks

Its probably irresponsible borrowing.....what did you buy that you needed to take out a loan that you pay 70-90% interest on?

I would pay back the money ASAP.