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🎓 Got a student loan question? Head to our Student MoneySaving board
For discussion of everything to do with student loans and student finance, please head to our Student MoneySaving board.
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New to the Loans board? Start here
Useful links within the forum * Credit File & Rating board * Debt-Free Wannabe board Useful links to MoneySavingExpert.com guides * Cheap Personal Loans * Loans Eligibility Calculator * Cut Existing Loan Costs * Cheap Car Loans * Short-term and payday loans * Should I get a loan if I have a bad credit score? * Bridging…
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Loans - Important links - please read
Hi folks :) This is the new Loans Board Sticky where links to all current important threads will be kept. Links: This thread is for quick links to threads in this board. IMPORTANT - Problems with debts, payday loans etc? Payday Loan Survival Guide from Govan Law Centre Lending money to friends & family Cheap Credit Card…
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Loan repayable on death?
Hi I am one of the executors of our father's estate- he died in December 2023. He had 4 children, 1 from a first marriage and 3 from a second marriage. His second wife (my mum) died in the 1990s. They owned a house as tenants in common. Mum left half the house to her 3 children, but dad bought this back a few years later…
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Signed PCP agreement but not due to start for a few weeks. APR has now dropped, can I get new rate?
Hey all, As per the title, I signed a PCP deal last week for a used car that won't be available for a few weeks, so the loan isn't due to pay out/start for a little while yet. Meanwhile, the representative APR listed on their website dropped on Monday so I asked if my deal could be moved to that rate but the dealer seems…
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Car finance - pcp question
hi all I’m new to this board. I’ve done a search but can’t find anything recent on this. My car is coming to end of pcp, I can’t afford the balloon payment that’s not an option. dealer has advised I have £4000 negative equity on the car. they suggest I can either build into a new finance package for new car this would give…
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New MSE car refinancing guide
Got car finance? Test our new guide & tool to see if you can refinance to save £100s or £1,000s? We're testing a new guide, to see if people on PCP or Hire Purchase deals can save by Car Refinancing. It's brand new territory for us, so we wanted you to go through it, see if you understand it, whether you think the guide…
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HP or bank loan
I am in the process of buying a new car, after a PCP deal, I wanted to avoid a PCP again and had looked at taking a bank loan. The bank loan was for £21k and over 66 months paying £383 per month (7.1%) the car dealer was trying to get me to take pcp but I turned it down, they came back with various offers, obviously…
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Halifax loan
Hi all newbie here. Have applied and signed a loan agreement with Halifax,but after 6 working days and 3 phone calls,I seem to be going round in circles, as i still haven't received the funds and no correspondence (email ,phone calls) Keep getting told by them that everything is good from their side and will contact the…
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Rip off Equity Release - is there anything that can be done
My sister's father in law has just died and I am helping her and her husband sort out his estate. They knew he had taken out an equity release but didn't know the details. I was shocked when I read the paperwork. Their house was worth £90k when they took it out. They released £29k but signed over 90% of the house. It is…
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Has anyone been sold an unregulated loan without being told.
I purchased two cars and clearly stated I wanted flexibility to VT or change. I was told that was all fine and I purchased said cars. I was only ever asked to sign an I Pad and never shown the loan documents. I have tried to give the cars back a year early and have been told I have an unregulated loan and have no rights…
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Creditspring refusing to pay loan
Hi all, I’m looking for some advice as I’m really stuck on what to do next. I entered into a regulated credit agreement with Creditspring and was formally approved. My correct details (including my DOB) are clearly recorded in the signed agreement. I was then asked to pay £12 to “unlock immediate access” to my loan (which…
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Buying a new car using PCP
I am in the process of buying a new VW car and have been offered a PCP. What was strange was that the salesperson could not provide me with the terms and conditions for the PCP and told me that I could only see the terms once I had paid the deposit and signed the agreement. Whilst he said the deposit is refundable I was…
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what counts as income, as household income and expenditure
Hello, This probably sounds silly, but I'm confused by what might be classed as "My" versus "household" income and expenditure. Firstly, is expenditure just classified as rent, bills, not food shopping, toiletries, transport? Secondly, I have three children with disabilities who receive DLA/ PIP. One is only 8 so I assume…
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Homeowner (no mortgage) - Struggling with household debts
Hi all I'm struggling with household bills/credit cards debts after leaving my previous job in January due to job stress and mental health reasons I own my home outright after inheritance from my grandparents. I'm under 40 so lifetime mortgages and other products for over 55yo don't apply I want to understand if and what…
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Debt consolidation
I’d like to consolidate my credit debts into one easy payment, I can’t find a bank to take me on, the loan repayments are all less than I’m paying out now to just stand still with the credit card companies. Who can I get a reputable consolidation loan from?
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Overpaying Tandem 2nd Charge Mortgage not making a difference?
We took out a loan to consolidate our debts a few years ago. Knowing the payments being made were not really making a dent in the principle amount we are now in a position to heavly over pay, We are wanting to do this for 2 reasons. 1 to reduce the over all interest paid and 2 to clear the debt as quickly as possible. When…
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Admiral Money - Fake commitments
a { text-decoration: none; color: #464feb;}tr th, tr td { border: 1px solid #e6e6e6;}tr th { background-color: #f5f5f5;} I’m sharing my personal experience with Admiral Money so others can make an informed decision. After falling into temporary financial difficulty, I engaged openly, made a goodwill payment, and tried to…
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Aviva weaponizing AML to delay customers paying off loans.
My father took out an Aviva lifetime mortgage in December 2025 and passed away early January 2026. The money then sat in his account and was not even drawn down. I have been attempting to pay off his loan for the last 3 plus months and Aviva have been (in my opinion) using their compliance process to deliberately make it…
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Need advice for my mum
Hi everyone Really need advice for my mum who is not sure what to do and I wish I could help her but I can't , my mum is in need of a new recliner chair which she uses as her bed due to a medical problem with nerves in her ribs she can't sleep in a normal bed and can't afford a special adjustable bed and unfortunately…
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Tesco Loan - Default notice (contractual payments made)
I have been on DMP for about 18months now. At the beginning when the payments to my creditors were calculated, the payment to my Tesco Loan exceeded the contractual payment so the loan never defaulted. last June I changed jobs and my salary dropped so my DMP was recalculated and new offers were sent to my lenders. The…
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I need a loan!
I’ve recently been declined for further lending by my bank, apparently due to not meeting their criteria, although no one has actually spoken to me or reviewed my situation manually. Unfortunately, I’ve been the victim of identity theft which has impacted my credit profile - something I’m actively working to resolve, but…
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Finding old loan details - elderbridge/firstplus
hi dies Anyone know how I can find old loan details from firstplus taken out around 2008 (ish). I’ve had a letter from elderbridge saying I’m due a refund, however I keep failing the security check as I don’t have the full details of the firstplus loan. I settled everything around 2015 and have since cleared out all…
