I am going to assume that your name 'In the know' is ironic. Interest can be charged daily, hourly, monthly or in fact at any interval of time. However if you have an annual APR of 60% this absolutley does not mean that you will be charged 60% each month! This issue sounds liek a classic example of nobody in the organisation knowing how ...

Hi I agree with teh previous post that a loan is not the solution here. You need to work out a budget, how much you have to spend each month minus debt (i.e travel, food, clothes, household bills, rent etc) Then work out your minimum payments for your debts. If your budget plus your minimum payments are less than your salary then you are fine, ...

Actually it is even worse than that, it stays on your report for 6 years after it has been satisfied and even then they often just don't remove it so you have to contact them to get them to do that. Whilst this default is still outstanding you will find it very difficult to get any credit with a decent APR. My advice, and I accept that this ...

This is fairly standard. Credit score info is not just a matter of yes or no, they may need to clarify something with you or simply ask for proof of your current address before they sign you up. This is to make sure that you are who you say you are before they give you a phone or offer credit to you. But if they are not a company you are happy ...

Yes you should cancel the cover becuase you can't claim on it now other than the life element Also you should ask for all of your premiums back as you could have a good case for being misold, unless you applied for the insurance over the internet. Call in and complain, see moneysavingexpert website for help with this. Cerbius

Hi Clare I think you need to read the posts a little closer. Andy applied for a loan with the AA not A&L. A&L do not have a sub 7% loan as your loans search tool confirms but AA do. Also Andy didn't say he was offered a lower rate and then a higher rate after taking of the insurance I am not sure that your answer here doesn't ...

I think the last post was asking if you could take off the payment protection from the loan your bank offered. A loan with Alliance and Leicester for instance @ 7.7% would be £372 a month for 5 years without protection and over 4 years it would be £450. Go back to your bank and ask them to take the protection of the quote they gave ...

If you are planning ot pay this off in 5 years then leave it alone. Transfering to credit card is not an option as they charge a transfer fee and after a year you will have to move the money again (another fee) or pay the credit crad rate which will be high. You could move it to an unsecured loan but in all honesty you savings are likely to be ...

actually BB the badges can indicate a 'profile' of customer and as such if all facts that would be used ot underwrite the risk are not disclosed then a claim can be denied cerbius

what do you mean by strict, we may need a little more detail Cerbius