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Repaying loan early to Welcome Finance

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Comments

  • Hey SL,

    Got mine in the post today. Basically have £14923 (by April 18th - or have to ask for a new one). So all in all a cost of £1423 for 4 months borrowing.

    It's a lot but in the long run, it will be a cheap price to pay for a stupid loan. Glad to be getting rid of it.

    Let us know how your loan figure goes.

    Thanks everyone for your help :-)
  • SL123
    SL123 Posts: 41 Forumite
    Part of the Furniture Combo Breaker
    Got mine yesterday, bit confused, wander if anyone can help?

    Details 1st, I took out £3000 loan in Jan 2007, after insurance and etc added on it comes to a total of £7776.72. I took the loan out over 36 months so its up in Jan 2010. So if i'm right 3 quarters of the term has elapsed? On my agreement it says after 3 quarters early settlement figure will be: £1633.33 although the figure i got yesterday was £2584.52 thats quite a difference £951.19 to be exact...any idea if this is right?:confused:
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