Anyone had a payment holiday from santander loan or mortgage?

BEAT_THE_DEBT

Hi title says it all really has anyone had a repayment holiday from a loan of mortgage from santander?

bottleofred

Hi,

I've a loan with Santander, but have never asked for or been offered a payment holiday. I'll bump this up the page though and hopefully someone else will be able to help.

barbiedoll

I have no idea whether you can get a payment holiday from a Santander loan, but if you find out that you can, please read the terms and conditions on your loan very carefully. A poster on the "loans" board took a one month payment holiday and ended up adding FIVE months to the term of her loan, together with 5 months additional interest! :mad:
Beware!

BEAT_THE_DEBT

Wow thanks barbiedoll i will watch that i dont think they do and i dont think i will i was just getting a wee bit stressed!!!x