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pay off loan or not?

2»

Comments

  • ses6jwg
    ses6jwg Posts: 5,381 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    for the a and l loan you will pay a penalty of one months interest for early repayment
  • doughuelas
    doughuelas Posts: 118 Forumite
    thank you, i believe it is the same for my car finance too (get charged an extra month payment for paying it off)

    so its probably not worth my while to do so

    many thanks
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