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Klarna have taken money from the wrong bank
So I had a large Klarna bill to pay off, so I thought I'd stick it on my credit card as I have loads of bills coming out of my bank account tomorrow. I changed my card on Klarna to the credit card and did the first payment to make sure it was changed correctly, it all came out okay. I then made 4 more payments totalling…
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Charge on property
Hello I wonder i if anyone can give me some advice on. I loaned a substantial amount of money to my Daughter and Husband. So they could carry out building work to there existing home. I did draw up a contract, which they both signed. Sadly they are now going through a messy divorce. He has stated that he is not going to…
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Looking for £10k car loan, but paying back early.
Hi all. Car is on its last legs. I'm looking to get a £10k loan to help cover the replacement, however I'm due to get around £8k this time next year via a ShareSave plan at work. Am wondering if there's a better way to go about this than just getting the best £10k loan I can find whilst paying off the standard monthly…
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What are my sons options?
My 19-year-old son is a Civil engineer apprentice just about to finish his first year. He earns 22kpa which will increase to 24k next year. He's looking for a loan of about 6k to buy his first car. I've carried out a few searches for a loan for him but all state he has a 0% chance of getting one. I've no intention of…
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Moneybarn Car Finance
I bought a car with moneybarn paying £388 a month. To be honest I didnt realise how much the APR was. The car was massivley overpriced. I have since sent the car back as I fell behind with payments and couldn't afford the monthly amount. This was after bout 2 years. They have since sold the car at auction at about £3-4000…
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Section 75 help
August 22 I purchased a used car from an online car company. Reported within the 14day period of issues with the car. Despite following the sellers advice, car did not get sorted.(alot of running around told to do X Y Z. Book it in to dealership etc. Vehicle was off road for in total 5 months. We started a complaint with…
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Car loan options
Hello MSE'ers! I'm in a bit of quandry of how best to finance a the remaining ballon payment on my car. I have £11,000 left and my agreement is coming to an end. The refinance option with BMW, means I pay the same monthly payment over another 4 years, but the interest rate jumps from 3.9% (rate when I took the finance out…
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BBL from Lloyds now in the hands of Moorcroft
Hi. I'm a newbie here so please be gentle! My son took out a BBL with Lloyds. Before it was due to be repaid Lloyds closed his account and transferred the administration of the loan to Moorcroft. Lloyds have refused to say why they did that and we can't get any sense out of Moorcroft either. My son complained to the…
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getting a loan against a fixed deposit ( 1 year fixed savings bond)
hello there, i'm a newbie so i hope i'm doing this right! ok so i have some funds tied up until october in a 1 year bond from barclays. i'm currently not working or claiming benefits so i can't get any kind of loan, and barclays won't extend my overdraft even though they have a five figure sum of mine under their control,…
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Personal loans as a student
Hi, I am very sorry for so many questions. If this is against the rules/guidance, please let me know. I am a 21 year old student, I have a part-time job (and a full-time job in summer), where I earn around £10k altogether. All of my living costs/bills are covered by my loans/bursaries with some leftover for savings. I am a…
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Loan but remortgaging soon
Hi guys, so I’m looking at getting a loan of around £15,000 to buy a new car; but also remortgaging next month as our fixed term is ending. I’m just wondering if it’s worth waiting until the new mortgage is in place, which will be 1st July. My current car is beginning to have problems hence being eager to swap it in for a…
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Irresponsible lending?
My adult son is struggling with his mental health and addiction. He lost his minimum pay job 4 months ago and haven't worked since, although he is trying hard to get another job. He gets £70 a week universal credit. He gets food and home with me. I refuse to give him money. I don't really have any to give but I will not…
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Mis sold loan
I am looking for some advice regarding what I believe is a missold loan from HSBC, some years ago I took out a business loan with the bank and was told I needed to sign a personal guarentee or they could not authorise the loan. Which I did relunctanly but was told the guarentee would only be in place for the duration of…
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Zopa loan final settlement payment help
Hi guys I have a loan with Zopa which I got a final settled figure that expired on the 12th March, I paid the full amount off on the 10th March and they didn’t take the payment out of my bank until the 13th, I waited a few days and checked the account and it’s still showing a balance and will now produce a new final…
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Car Finance Goodwill Payment From Repayment Difficulties
I have received a letter from VWFS regarding a car I purchased on PCP in 2015 and subsequently refinanced in the car in 2019 to fully repay and purchase the car. During COVID I struggled with repayments and they have now written to advising that they are offering me a goodwill payment and I am unsure if I should accept it…
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Loans company threatening court action, despite paying
I've been corresponding with emails back and forth with this company. They know I wish to make monthly payments, they know I'm in full time work. I just completed a income and expenditure form last week and proposed an increase in my monthly payment which they noted. They then sent an email on how to make these payments. I…
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Car Finance
Looking for advice, I have completed the car finance reclaim tool for a number of my previous car agreements and my current one. I have just been declined for a PCP on a different car by three companies including the company I have my current PCP with. I know on the website it says we won’t be blacklisted for submitting a…
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Loan agreement letter
Hi, my son is 18 and decided to opt for credit over 6 years costing him £1700 in interest for eye surgery. The credit agreement has been accepted, and he has 14 days to change his mind. I agreed to lend him the money (I'll actually pay for the surgery using a 0% credit card) and he will pay me back interest free over 72…
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Settlement figure
I asked for a settlement figure on a loan in February which I was given and I paid, I now received a call today saying they had made a mistake and want and extra £219.00 how do I stand on this ??
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Black Horse repayment plan - credit ruined
I purchased a car financed by Black Horse around 4 years ago. During Covid I was made redundant, called them and we did the budget and they proposed a payment plan, that was helpful - so I did not pay anything for 3 months. Monthly rates went from £398 to around £441, which is what I still pay today. From what I remember,…