lovemoney.com - Q&A - Loans http://www.lovemoney.com Loans questions from Q&A on lovemoney.com en-gb Copyright 2008-2013 lovemoney.com. All rights reserved. http://www.lovemoney.com/Images/Global/HeaderLogoOnWhite.gif lovemoney.com http://www.lovemoney.com 300 50 <![CDATA[engagment ring finance confusion]]> I applied for finance for an engagment ring about 4 weeks ago and got accepted, i payed the deposit and all was ok. 3 days after paying my deposit, i got an email saying my application had been canceled. So i went about my buisness and waa going to save up the old fashion way. Little to.my.suprise. 2 days ago the ring arrived. but i had my deposit refunded. And have not been debited any funds.

What do i do? Im a little confused.

]]> <![CDATA[Loan Brokers]]> A company called Personal Loan Match charges £40 pounds with the promise to find companies that can loan money for people with bad credit. One of the many companies that called to offer loan is called Speedloans Ltd. They offered to give a loan of £7k spread for 3 years at 7.9 APR with monthly payment of about £219. The first monthly payment must be paid in advance and then the £7k will be transferred to my account. I got other more details from them but I still have some reservation. My question is how does one know a true financial lender as they claimed to be registered with the FSA. If they are scam, how come they are out there deceiving people without anyone exposing them. Thank you.

]]> <![CDATA[Borrowing against an endowment]]> There is a similar question to this at http://www.lovemoney.com/qanda/question/134881/is-it-possible-to-use-an-endowment-policy-as-security-for-a-loan but the site suggested doesn't seem to be available anymore...

I have an endowment policy with a guaranteed final value of £30400 in Dec 2023.

I would like to borrow against this to make home improvements, but the usual money sites don't seem to offer this up in their results as a possible mechanism, does anyone have any recommended providers of these types of loans?

]]> <![CDATA[Is it better to use car company finance to buy a car or to get cheaper bank loan, in relation to the car and the outstanding loan if the borrower dies]]> Is a car company's personal finance scheme a 'secured loan'?

]]> <![CDATA[I have a rather large lump sum to inherit when im 21, 20 now, could i get a loan that gets paid straight out of that money???]]> <![CDATA[Hi, I live in the UK and planning to borrow money for owning a car but I want lower interest rate. Please suggest me?]]> <![CDATA[Special Offer at YES-secure is going to end soon. Has anyone experience of borrowing at YES-secure.com?]]> Limited Period Offer: No Consumer Loan Application Fee of £5 and

Business Loan Application Fee of £50 till 31st January 2013.

https://www.YES-secure.com

]]> <![CDATA[how much ill get if someone send me €200 from france to uk??]]> <![CDATA[I have £30000 that I can afford to lend my son to help with deposit on a first home, but may need it back later on.]]> Can I lend it to him interest free, or do I have to have a loan agreement with him in order to claim it back later on? Are there tax implications?

]]> <![CDATA[Anybody dealt with paydayzone.co.uk ?]]> Planning to borrow loans from respective platform. Somebody please suggest.....

]]> <![CDATA[Hello guys.... I am carrying a poor credit record of late payments and CCJs. Can i avail a 6 month loan? Please help me out....]]> <![CDATA[guarantor credit checking]]> Hi,

My husband and I have decided to act as a guarantor for my sister. I 100% trust that she will and can pay back the loan, so that is not the problem.

I am concerned that as a guarantor, how it will effect our credit rating. Within the last year we have applied and been accepted for a morgage, car finance and car insurance. When we spoke to RBS about taking the loan out on my sisters behalf they said it was unlikely to be accepted as we have to much of a footprint on our credit history.

If we agree to be a guarantor for her through somewhere like Amigo loans, will this still be an issue when they credit check us? When I tried to google the subject it says that they only do a 'soft search' for guarantors but I'm not sure what this means exactly?

Many thanks.

]]> <![CDATA[We agreed to a PPI Company trying to claim missold PPI from a loan compnay we had dealt with. The loan co wrote a few months ago saying unsuccessful. ]]> We received a letter today from loan company direct offering us £7,000. Have PPI Company any claim to any percentage of this?

]]> <![CDATA[Have you ever used a payday loan?]]> Which? has published some really scary research on payday loans, finding that 60% of people that have used them have done so to meet the costs of essentials like food and nappies.

There have also been many issues with hidden charges. You can read the full research here http://www.which.co.uk/news/2012/05/new-which-research-exposes-payday-loan-failings-286258/

So, have you ever used a payday loan? What did you use it for? How did it go?

]]> <![CDATA[Has anyone having Experience of borrowing at YES-secure?]]> I am looking for a car loan at YES-secure, but i thought its better to take some views.

http://www.YES-secure.com

What minimum rate should i aspect from that platform.

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