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loan overpayments ?

Hey peeps

Anyone had any dealings with Lloyds Tsb loans. and if you can make overpayments at all on them?.

Im down to my last few debts and realy wanna pay them off as fast as i can and the only other option If i cannot make overpayments with lloyds is to take out a loan with someone else so i can make overpayments

Any ideas ?

Thanks again

Comments

  • *zippy*
    *zippy* Posts: 2,979 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hi Kevin

    I haven't had dealings with TSB, but I would give them a call, you also need to check if the loan was pre-loaded with interest as taking another loan out will mean you will be adding extra interest. If the answers no, another option would be to save into a high interest account until you had enough for a final settlement. When I called sainsburys about our loan first person was useless, but I managed to get someone who knew what he was talking about and they were very helpful and gave me the sort code so I could make payments online when I wanted.

    zippy x
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