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Avoiding early settlement fee?
Hi everyone I am about to repay my personal loan in full but will be hit with a £250 penalty for doing so :mad: :mad: :mad: Is there any way around this at all?
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Reduced fee settlement figures??
Hello there, I currently have 3 creditors who I owe about £6,000 to after some silly mistakes when younger (uni etc). Because of interest I joined a debt management agency (Gregory Pennington), who distributes my £150 a month (keeping £20 for themselves), after freezing interest on the accounts. At this rate, I would have…
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Bank Guarantees & Loans
I have some questions and wondered if anyone has the answers. 1. As a company, I and my fellow 3 directors took out a SFLGS (Small firms loan guarantee)which was ok. But we each were made to take out a personal guarantee to cover the bank's minority portion (not backed by the SFLGS). So my question was (in hindsight) can…
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Loan for house in Bulgaria - impossible ??
Hi , I was thinking to get an loan between 20-30k with the idea to buy a house in bulgaria , but few days ago our friend told me , that was reffused for the loan for the same purpose . I told her that most probably they are not interested because of the hassle and dont have experience in cases like that. She answered me…
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need a lona but don't want to be scammed
my girlfriend wants to get a loan to clear off her credit cards and sort out her finances, she has a slightly below average credit rating but still gets approved for hp etc, she's had no ccjs or defaults just some missed payments, but the banks etc won't give her one. i know from experience (although i have a much worse…
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Deep Trouble
I am looking for some serious advice, my wife has run up massive Credit card debts, I have used all my savings and am still looking at £45k to clear. now the more positive bits, we are both in full time employment with reasonable salaries, no mortgage and a property worth <>£300k. I also have a pension I can draw on with…
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Pay for a car cash or take a loan out?
Im wanting to buy a new car and although i have the money to pay for it cash (£7000) but this would mean nearly all my savings spent. Would it be better to take a loan out and keep my savings whilst still building up my savings or spend my savings and put what id spend on a loan back into savings?
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Im new here, but been in a debt a while!
Please can any1 tell me if this is a sensible thing to do: I currently owe 78000 on my mortgage and 16000 on a secured loan, i have been trying to get a remortgage to mix both these debts together with a lower repayment per month, but this was based on a valutaion of 120000 which came back as being 10 grand short, so we…
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Barclay Loan Interest Rates
I am considering taking out a barclay loan as i bank with barclays and have a pre approved offer of £23200 the interest rate availablet o me online is 9.9% do any of you know if i contact them will there be any chance of them reducing that rate as other lenders are doing the loan for 6.2% have any of you tried this? cheers
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Best way for car finance?
Hi all, Need your advice! We need to upgrade our car, I need a car for work and it needs to be reliable and something to last. We were thinking about £7000 to spend. The last car finance we had was through British Credit Trust, which were ok. As my credit history is poorer than poor, I need to get with a company who is…
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Loan for person with bad credit rating
Hi there fellow moneysavers. I have had credit problems in the past but am now addressing them with a monthly budget plan that I am sticking to and have down for some time and am a lot happier for it. As my credit rating is still 'tarnished', I am having trouble getting a loan through the normal means. I am after a small…
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Can anyone please give me some advice.
Hello About 3 months ago i recieved a letter from a debt recovery company saying i owed £402 to a company called shopacheck, who id never heard of before. I called the debt recovery company and explained that i did not have any outstanding debt with anyone and had never heard of the company. So i came to the conclusion…
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Cheap PPI
Is it possible to take out PPI with insurance companies at a snip of the cost the banks charge? Has anyone done that here? Cheers!:beer: :beer:
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Picture Finance
Hello All My wife recently contacted Picture Finance to see what the settle figure would be and i was astonished that the original £44,000 loan would have to be pay back with the interest coming to £88,000, we took the loan out about 5 years ago! Is this legal Regards
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Which loan to clear first?
My wife and I bought a house to renovate two years ago (for us to live in, not as property developers). We bought the house for £85k, taking out an £80k mortgage and a £20k loan with the RBS to pay for the renovations etc. The loan was over 20 years and at 8.9% but we had always planned to remortgage once the house was…
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3k Loan for 20 year old
Hi friends, I am trying to get a loan for my 20 year old girlfriend. I tried Zopa and they declined online with no reason. Tried Abbey and have had no reply whatsoever. She only wants £3000 to buy her first car. She doesn't have a poor credit rating, no credit cards, living with parents, earns £12k per annum. The only…
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Can I reclaim loan protection cost
A couple of years back I had a graduate loan with HSBC, and stupidly took out the loan protection. The cost of which was added to the borrowed amount from the off which was about £6000. I think the protection sceme was worked out at about £1250 on top.(so about £7250 total). About 6 months into the loan I was off work…
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Welcome car finance
We have a car from Welcome, but we want to get a mortgage so want to give the car back. But Welcome say we either stick with it for another 3 years or we pay back half of what is still owed! We can't do that but having this loan is killing our chances of a reasonable mortgage. Anyone know how to get through this without…
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Loan company lost my original agreement?
I took a loan out about 4-5 years ago and have been paying back monthly however I have no copy of the signed loan agreement and have therefore requested the company send me a copy for my records. After asking every month by telephone for 6 months....no joy! Is this breaking the law and if so, can I stop making payments?…
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Help
Please can you look at my thread on "Debt free wannabe"... entitled - Taking the plunge... Wanted - advice please. It does concern loans. Many thanks,