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what cost interest?
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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?
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