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Grad Loan repayment
no_money_4
Posts: 13 Forumite
in Loans
Hi
If i take out a graduate loan can i increase payments over time.. or maybe pay off larger chunks when i have spare cash lying around? or do banks not allow this (my grad account is with natwest).
Thanks
If i take out a graduate loan can i increase payments over time.. or maybe pay off larger chunks when i have spare cash lying around? or do banks not allow this (my grad account is with natwest).
Thanks
0
Comments
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Just ask before you apply, "can I make overpayments?"
Why do you have to get a graduate loan? Egg or cahoot have very flexible loans, that allow overpayments.0 -
I think the OP is talking about the 0% graduate loan that NatWest offers to pay off your Student overdraft. Personally, I would avoid the loan and keep the overdraft. Then you can clear it/borrow back what you like over 3 years (within their limits) anyway.0
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graduate loans are the very reason why i am so much debt today.
only just cleared one of them off.
still got another few years left on one.
please avoid getting one if you can.A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain.0
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