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Early repayment
I have recently taken out a loan for £7500 but have the funds to clear it. The lender is asking for £12000 to clear the debt even though I only took it out 2 months ago. Does this sound correct?
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Car Financed for Ex
Please can someone advise me. I stupidly got a car on finance for my now ex, due to him having bad credit. The finance is in my name but he is the registered keeper. He has paid for the car for the past few years but has not sent the most recent payment. If he does not pay, where do I stand? I don't have the finances to…
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paying off PCP early
Hi, I've recently entered into a PCP arrangement for a car. Its with VW finance and am now in position to pay the full amount and end the agreement. I am still within the cool off period of 14 days. Yes I know I should not have entered in this agreement...but I did. If I did pay the full amount owed will I lose the benefit…
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Mars Capital Secured Loan
Ill try shorten this as its a long story secured loan taken out 17 years ago for £35,000 with Advantage , sold to paragon then Mars capital. at one point has had a suspended possession order , when this was granted Paragon sold it to Mars capital..the judge did scold paragon for letting such big arrears add up. My arrears…
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Still no payment
Thought amigo was meant to pay us out. I’ve still not had anything. Has anyone else
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Taking out a loan for wedding
To cut to the chase, I have totalled everything up for our wedding including the honeymoon and spending money. I have deducted what we have saved so far and a conservative estimate of what we can save between now and June. This leaves us looking at a loan of £10,000. Equifax score is 1000/1000 Trans Union is 616/710 - Good…
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Credit report
Hi, I have just downloaded Check my file which shows all the credit reference agencies so I could make a note of all my creditors details before I tackle my debts. I have a loan with AA and it isnt showing anywhere on my any of my credit reports. Does this mean they never done a credit check when I applied? Thanks for any…
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Amigo Scheme payments?
Just curious, with the Amigo Scheme suggesting payments will start going out toward end of Feb, has anyone started to receive their refunds?
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A really sad story....
my son & partner bought their 1st house last summer learning money management here. because they were both working my son took out loans for 2 cars on finance, a big Range Rover thing that was £20k & seats their 4 kids and a smaller Audi with a few bodywork issues for a cheaper price, I think around £4k but in February his…
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Car finance bereavement
Hello all, My dad recently died and I'm the executor of the will. He owned his house with his partner (they weren't married), she owns the other half and I've inherited my dad's share. He wanted to leave his share to me. The only debt he has is a car on finance which is only a couple of years old. I've sent back the car…
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Warning about AA Loan Early Repayment
4 years ago I took out an AA Loan over 5 years (through this site). Recently I asked for a settlement quote as I had some spare money to pay off the loan early. I was surprised to get a settlement quote that didn't give any interest rebate for early repayment. When I contacted them about it I was informed that they load…
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PAY DAY LOAN RECLAIM (GUARANTOR DEATH)
HI, i am currently trying to reclaim a miss sold loan from amigo. i started this in February 2021 and its bee a long process, i am due back a substantial amount. the problem that has risen is that it was a guarantor loan and at the time my guarantor (father) paid back the loan and i paid it back to him as he wanted to know…
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PCP - Affordability - Credit Check
I am getting a car on PCP (This is not a discussion on PCP's) I will have a £14k deposit when I sell my car - The PCP will be costing about £350 per month. If I decided keep some or a lot of the deposit (I know, more interest but comfort blanket) the monthlies would them be about £650. I know I can afford both and I have a…
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Halifax Loan
Hello, I have recently taken out an Halifax loan and setup payment via my Halifax account. Is it possible to change the direct debit to a different account with another bank or setup standing order to pay? Thanks
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PCP Deal but no monthly payments ever taken
Hi, In January 2022 I purchased a small van for £17k, put down a £2k deposit and took out a 3 year PCP deal. In June 2022 I received an email from the dealership where I bought the van stating that they had completed the finance forms incorrectly and would I mind printing the documents off, signing them and returning them.…
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Van finance
Hi. I've just started a new job on the books, leaving being a self employed contractor. I'm left with owing £10700 on my van but I'm only being offered £7500 for it. Do I take the hit or is they any other options for getting rid of it?
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Business Overdraft - Barclays - Outstanding Amount - VA (Resolve Loan) Adverse Credit? Personal Effe
Hello, I was wondering if anyone an please can advise from their experience? or inside knowledge. Barclays closed our Business Overdraft Facility - for our LLP - Limited Liability Partnership Business (Not LTD Company) By Letter - after a review. Now our overdraft is due and we are outstanding 50k! We do not have the money…
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NHS Fleet Solutions ending lease early.
Hi, I need to know where I stand on ending our 3 year lease early with NHS Fleet Solutions. The situation is as follows, my partner works for the NHS and a University (0.5 FTE for each). This is fairly normal in her field. She has accepted a job offer at a different university which will be a considerably longer commute.…
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Disabled pensioner and needing a loan
I am a single 70 year old female, have full disability benefits (including max PIP) guaranteed pension credit, retirement pension plus a medium sized private pension. I need a downstairs extension for a bedroom and bathroom due to mobility issues. The council are considering a Grant plus some savings but it won't be enough…
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Settled Loan But Changed Mind
Hello, I've got a friend who has settled a loan and made a payment of £2,400, he did this so he can then apply for a larger loan. What happens if the new larger loan is not accepted? can you contact the loan company and request the £2,400 back and continue with the existing monthly payments? Is there a change of mind…