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Egg Loan Extensions

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mozzer251
mozzer251 Posts: 31 Forumite
Hi,

Anybody know how egg loan extensions work?

I have paid a lot of my egg loan off (7 year term) but would like to extend it without borrowing any more and release some cash to spend on other things.

Has anyone done this? The website is very unhelpful, can't determine if I can extend payment of what I owe up to a max of another 7 years again or if it was say 3 years I could extend it to a max of 7 years in total (but if it was 7 years to start then nothing)!

Comments

  • Egg are no longer doing top up/extension loans, the only changes you can make to payments is to increase them either by regular direct debit, one-off payments or total settlement.
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