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  • FIRST POST
    • CallumRoy
    • By CallumRoy 15th Jan 20, 6:39 AM
    • 4Posts
    • 0Thanks
    CallumRoy
    118 118 Loans
    • #1
    • 15th Jan 20, 6:39 AM
    118 118 Loans 15th Jan 20 at 6:39 AM
    Please delete - I’ve received some answers to my question.
    Last edited by CallumRoy; 15-01-2020 at 9:28 AM.
Page 1
    • zx81
    • By zx81 15th Jan 20, 6:41 AM
    • 24,862 Posts
    • 27,752 Thanks
    zx81
    • #2
    • 15th Jan 20, 6:41 AM
    • #2
    • 15th Jan 20, 6:41 AM
    Yes - pay it back as soon as possible.

    If you withdraw within the cooling off period, you will avoid any early repayment charges.
    • CallumRoy
    • By CallumRoy 15th Jan 20, 6:51 AM
    • 4 Posts
    • 0 Thanks
    CallumRoy
    • #3
    • 15th Jan 20, 6:51 AM
    • #3
    • 15th Jan 20, 6:51 AM
    The loan started in October 2019. So it’s already passed the cooling off period.
    • zx81
    • By zx81 15th Jan 20, 7:01 AM
    • 24,862 Posts
    • 27,752 Thanks
    zx81
    • #4
    • 15th Jan 20, 7:01 AM
    • #4
    • 15th Jan 20, 7:01 AM
    Oh well. Throw as much as you can at it. You can still save a lot of interest.
    • Bermonia
    • By Bermonia 15th Jan 20, 8:13 AM
    • 950 Posts
    • 874 Thanks
    Bermonia
    • #5
    • 15th Jan 20, 8:13 AM
    • #5
    • 15th Jan 20, 8:13 AM
    Please keep in mind irresponsible lending is not the same as irresponsible borrowing.

    As advised throw every spare penny you can at this to clear it off as soon as possible.
    • DCFC79
    • By DCFC79 15th Jan 20, 8:23 AM
    • 35,691 Posts
    • 22,522 Thanks
    DCFC79
    • #6
    • 15th Jan 20, 8:23 AM
    • #6
    • 15th Jan 20, 8:23 AM
    Hi all

    Just after some advice. I went to take a loan out with 118 118 money but I got declined.

    I tried on another email address and the loan went through. I was stupid enough to take out the loan. Is there anything I can do regarding this? Irresponsible lending? Exact same details but different email address.

    Thanks
    Originally posted by CallumRoy

    Irresponsible lending - sorry but no chance of that working.


    Just do as advised, put every single pound you can toward the debt.
    • foxy-stoat
    • By foxy-stoat 15th Jan 20, 8:48 AM
    • 5,760 Posts
    • 3,563 Thanks
    foxy-stoat
    • #7
    • 15th Jan 20, 8:48 AM
    • #7
    • 15th Jan 20, 8:48 AM
    Hi all

    Just after some advice. I went to take a loan out with 118 118 money but I got declined.

    I tried on another email address and the loan went through. I was stupid enough to take out the loan. Is there anything I can do regarding this? Irresponsible lending? Exact same details but different email address.

    Thanks
    Originally posted by CallumRoy
    Its probably irresponsible borrowing.....what did you buy that you needed to take out a loan that you pay 70-90% interest on?

    I would pay back the money ASAP.
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