We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
settlement figures

yvonne5929
Posts: 2 Newbie
in Loans
we took a loan out last year with abbey. this year we decide we could pay it off so we asked for a settlement figure which they gave us over the phone. we have now been told we have to pay them another months payment even though they have given us the settlement figure and we have paid it off.
we are confused by this. is this right or are they ripping us off. AS THIS HAS MADE US MAD.
we are confused by this. is this right or are they ripping us off. AS THIS HAS MADE US MAD.
0
Comments
-
What is their reasoning for it?
Did you pay the loan off by the expiry date of the settlement figure?0 -
we did pay it off before the expiry date. they say its the way they work it out. that they expeck you to pay the next payment.
i have never had to do it before.0 -
Then they probably include that in the settlement figure... Just a guess0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards