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**MSE Lawrence** · 24-06-2008, 6:20 PM

This thread is to specifically to discuss the content of the

Cut the cost of existing loans article

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ANNE PARKER · 25-06-2008, 2:48 PM

We Took Out A Loan With Barclays Over 7 Years For £30,000 And Made The First Repayment On 30 August 05. We Have Repaid £464.99 Every Month Since Then. I Requested An Early Settlement Figure Which Was Sent To Me On 3 May 08. Apparently We Had Paid Up To That Point £11,159.76 (total Payments) Which Included Interest Of £1681.98. On The Statement The Dr In Rate Is Listed Throughout As 3.00% (over Base). We Have Since Made The May Payment And Will Also Make The June Payment On 30 June. Can Anyone Tell Me Ehwhat We Have To Repay To Settle This Loan In Full? This Was A Flexible Business Loan Which We Have Remortgaged To Pay Off. We Were Also Charge £300.00 To Set The Loan Up - This Appears To Have Been Added To The Total Of The Loan Making It Effectively £30,300.

Any Help With This Would Be Gratefully Received - We Obviously Want To Make Sure Ew Do Not Pay Too Much Back - Basically What Is The Minimum We Can Pay To Clear This Loan. We Have £19k Avaialable To Put In.

Annie

BigSaver · 17-06-2009, 10:46 PM

How would I go about transferring a £4,000 personal loan to a credit card and occurring no fees or the lowest possible?

Thank you

Ads1 · 05-08-2009, 10:55 AM

Hi all, I am new to this forum although been signed up to the newsletter for some time.

I have a loan with norther rock with a year left to run. It seems that my loan is subject to rule 78. The loan was taken out in June 2005.
The loan amount was £10,500 at 6.9% apr.
However when requesting a redemption statement it seems I only get a rebate of around £45.

Is there any way around the rule of 78? Or as my loan started at the time the new law was introduced can I contest the rule of 78?

Many thanks for any advice.