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early repayment(soz)
i took out a 10g loan last june at 18.6 %(i know dont lecture)
i pay £251 mnt (no missed payments,no ppi,no holidays)
10x 251 =£2510
today i asked 4 a settlement figure as i am going 2 pay it off
and i was quoted £9580 this seems a very high figure to me
what u reckon?
ive worked it out to be bout 9g +penalty interest
ps black horse
i pay £251 mnt (no missed payments,no ppi,no holidays)
10x 251 =£2510
today i asked 4 a settlement figure as i am going 2 pay it off
and i was quoted £9580 this seems a very high figure to me
what u reckon?
ive worked it out to be bout 9g +penalty interest
ps black horse
Always remember that you're unique, just like everybody else:cool:
0
Comments
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Ignoring any early repayment penalty after 10 months you would still owe around £8970 on the capital.
So does a penalty of around £610 make sense given the Ts&Cs on the loan?loose does not rhyme with choose but lose does and is the word you meant to write.0 -
Ignoring any early repayment penalty after 10 months you would still owe around £8970 on the loan.
So does a penalty of around £610 make sense given the Ts&Cs on the loan?
this is what i thought ,they can only charge me 2 mnth interesAlways remember that you're unique, just like everybody else:cool:0
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