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!
what cost interest?
homealone_2
Posts: 2,004 Forumite
i have had my pro rata accepted from halifax with suspended interest and charges. my loan was for £12000 at £191.00 monthly. i will initially for 12 month period be paying £113.12 monthly, it then to be reviewed. on one of my default letters it should the total cost of interest for the loan was approx £4500. how much of this interest will i be possibly be saving by them now suspending it???
plus is "suspending" the norm or do they sometimes say "stopped" as to me it looks like they may at another time lift the suspension and go back to charging me?
plus is "suspending" the norm or do they sometimes say "stopped" as to me it looks like they may at another time lift the suspension and go back to charging me?
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.7K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards