We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
Want to pay extra on my loan

lukemed1
Posts: 511 Forumite
hi everyone
i've decided i'm going to pay £100 a month extra onto my citifinancial loan so i can reduce the term of it considerably!! what do i do now? just send them a cheque for the extra £100 every month? will i need reciepts? how do i know the extra payments are being taken off?
any help would be great!!
Best regards
Luke
i've decided i'm going to pay £100 a month extra onto my citifinancial loan so i can reduce the term of it considerably!! what do i do now? just send them a cheque for the extra £100 every month? will i need reciepts? how do i know the extra payments are being taken off?
any help would be great!!
Best regards
Luke
0
Comments
-
Perhaps you should give them a call just to let them know, hey they might even reduce your interest rate like what happened to another member on here.
Also check that you can repay early without any early redemption fees.
well done you!!Abbey Loan £6,000
Tesco loan £3,000
Tesco points --- £100 worth £400 in deals for holiday! :j :T
"It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change." (Charles Darwin)0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.5K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards