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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Advice Please On My Citifinancial Loan
hi everybody,
i took out an unsecured loan with citifinancial 2 years ago for the sum of £12,013, i'm currently paying £318.62 a month for 60 months,i'm 2 years into the loan and have £9,226 left to pay according to the info on my credit report on creditexpert.co.uk, my question is this; i want to pay £100 extra a month to hopefully reduce the term of the loan so should i write to them explaining this? also am i in my rights asking them that with each extra payment i make [by cheque] for a receipt or some kind of documentation stating that i'm making the extra payments and something showing that they're coming off the outstanding balance, any advice would be great!
best regards
Luke
i took out an unsecured loan with citifinancial 2 years ago for the sum of £12,013, i'm currently paying £318.62 a month for 60 months,i'm 2 years into the loan and have £9,226 left to pay according to the info on my credit report on creditexpert.co.uk, my question is this; i want to pay £100 extra a month to hopefully reduce the term of the loan so should i write to them explaining this? also am i in my rights asking them that with each extra payment i make [by cheque] for a receipt or some kind of documentation stating that i'm making the extra payments and something showing that they're coming off the outstanding balance, any advice would be great!
best regards
Luke
0
Comments
-
Hi Luke.
I have a loan with CitiFinancial.
Ive made a few overpayments in the last year.
My local branch is just down the road so ive just popped in with cash and they have given me a reciept straight away.
They have also given me a statement at my request showing every payment ive ever made.
Just give them a bell or pop in.
Good luckDebt at highest £16k+
Debt at lightbulb moment £14,800
Current debt £6336
Cleared £4206 in November 05 How ? Bye Bye PPI
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards