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Car Loan
Scenario, I have a car loan with Lloyds TSB for £5000 at a interest rate of 8.9% over 5 years. I will pay about 1300 in interest. I have had the loan since Sep this year and paid about £400 off. However i have £3000 in Tax and Working credits, i am debating where to use this and pay off my loan. I am not so keen as i have…
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Loan Advice
Hi, I'm new to this forum so thanks - it seems brilliant! I am looking to buy a new car (approx £7k) which I need for my self employed work. I have the following debts, but unfortunately have missed payments on my loans and mortgage in the past, but have avoided a CCJ. What are my best options for borrowing the money? I…
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Short term loan?
Hello, I need to borrow £16k over a short term (3 month) period - can anyone suggest the best / cheapest way to do this rather than inceasing my overdraft?
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Can I pay off a Cahoot loan with a 0% Card?
Please help me. Cahoot have tripled my interest rate on my flexible loan within the last month. I desperately need advice on how to keep it down. I applied for the Morgan-Stanley Buy and Fly card today as it is 0% for 9 months with a £50 capped balance transfer fee. I have £5000 in my Cahoot loan and I could clear it in 9…
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Advice please.
Hi. I will try and be as brief as possible, whilst containing all the facts. My girlfriend, now wife, took a self certified (self employed, banks wouldnt touch her), interest only, 2nd Charge Loan against our home (she is the registered owner, and she has a previous mortgage), because we wanted to invest in a new business…
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Managed Loan , Bank stuffed it up - What do I do next
As a result of an earlier post on here and speaking to Payplan I arranged with my bank HSBC to condense all my loans, arrears, credit cards I had with them into a managed loan with alot lower repayment . So far so good was happy with this , signed all the paperwork and returned it to them . A week later I could see on my…
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Taking out a loan for a deposit on a house?
Currently I have about 5% deposit saved but I need to have 15% for the self cert mortage I need. Would it be a bad idea to take out a loan to reach the 15% deposit I need? If I was to continue to save I'd have the full 15% deposit in 5 - 6 months but my main concern is how fast prices are rising in my area. Northern…
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Loan Advice
Basically would like a few opinions on whether or not i should make a change to an existing loan Currently owe cahoot just under 4k on a flexable loan, i;m 6 months away from finishing a college course so will be working full time in 6 months and all being well double my income. Currently earn about £450 PCM in my part…
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Nearing a breakdown
Hi, I know from experience long posts on forums can be instantly off-putting so I will try to be concise but I feel it best I explain my whole situation so as not to waste people's time. This is pretty much a desperate snatch for me, posting here; I've spoken to the CAB, I've talked to loads of companies and counsellors on…
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New record levels of personal debt...
Forgive me if this has been posted already but I'm gobsmacked by this statement http://business.guardian.co.uk/story/0,,1981478,00.html £1 trillion = £1000bn! 0.3 trillion = £300bn Assume all borrowers are about 30 million in total (half the population - excluding children, non working family members, pensioners in…
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Help
I have applied for a loan through the AA and have been accepted, though not as much as I wanted to borrow. I now want to get a 0% credit card to transfer the rest to so I can start paying it off. Does the fact I have applied for a loan and want to apply for a credit card so soon affect my chances of receiving the card?…
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sterling green
hi all, not sure if this is the right place but if not could one of the mods move it please? my debt is being managed by a company called sterling green, they were able to save me over 100 a month, frezze the intrest on my OD accounts and generally make me feel better........ ....... i have recently started getting letter…
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Is another loan the right answer?
I currently have a loan with TSB which is due to finish August 2008. I have also managed to run up debts amounting £12,500 on 2 credit cards, one is TSB - £10,000 and the other is Virgin - £2,500. I currently pay £177 for my loan a month and pay £200 and £50 on each credit card. Would it be best to get a loan to pay all…
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What are my chances?
Hi all About 3 months ago i got a 25k loan over 44months with lloydstsb. This was to consilidate some debts, i also did the same thing about 6months prior to that loan. Basically I was silly with my money when i was single. However I now want to move out with my fiance and need a 25k loan over 10years so my monthly…
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New loan to unemployed OPF
I am soooooooooooooooo mad today. My step daughter (bless her) had a baby boy in August, BF left her in April, (told her he was a waste of space). Had baby Ok, Had a bank loan for several years 7.5k over 4years. (Dont know what she spent the money on) Anyway , today she goes into the bank to reduce her payments, so they…
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where can i get £1000 asap
I need £1000 asap and dont know where to go. I have the worlds worst credit score and cant get anything from the bank. I already have cc's with captal one,vanquis and aqua and cant get any limits increased. I also cant ask friends or family so I am well stuck. Any suggestions would be great. Lisa
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Loan as a result of bank charges
Has anyone taken out a loan in part due to escalating bank charges? Is it worth including this in my correspondence with Lloyds when requesting my bank charges back? Obviously it contributes to loan interest repayments. And what is fair to ask for? Thank you
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Getting a Loan with Lack of Credit History
Hi, My brother is attempting to get a loan for £5000 to get a car (instead of buying cheap cars which keep going wrong and costing him lots of time and money to fix). He is 21 years old and on the electoral roll at my parents house. He has no credit card and has HSBCs standard current account. He has never taken out a loan…
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Need advice please!
I need to take out a loan of around £5000 and have looked around at a few loan companies for a good rate. However, i have an uncle in Greece who has said that he will lend me the money interest free if i wish. Obviously this is a good offer and he says that he will do a CHAPS transfer into my UK savings account from…
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AA Car loan
My mate has an £6,000 loan with AA which he is trying to pay off but hes had it for a year and a half and it doesnt seem to be reducing very rapidly, even though his monthly payments are £300. Any suggestions for what he could do - i just hate the fact that hes paying that much out a month yet it doesnt seem to be reducing…