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!
Loan or Credit Card or Overdraft???
Options
Hi guys,
Hope you can help with this as I just don't have a clue.
I currently have a Natwest loan.
Ammount outstanding is £4138 (settlement figure), I pay 117.09 per month.
APR is shown as 8.2%.
Basically is there a cheaper way of paying this off???
Overdrafts? Credit card etc.
Pls pls pls advise!
Hope you can help with this as I just don't have a clue.
I currently have a Natwest loan.
Ammount outstanding is £4138 (settlement figure), I pay 117.09 per month.
APR is shown as 8.2%.
Basically is there a cheaper way of paying this off???
Overdrafts? Credit card etc.
Pls pls pls advise!
0
Comments
-
Have you asked for a settlement figure? This is the best place to start as you may have already paid the 8.2% interest if it was front loaded. This was the case when I settled my loan and I only saved about £2.50... Worth checking before you waste your time applying for another way to pay off the same amount of money.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards