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Welcome Finance Loan

pamste123
pamste123 Posts: 1 Newbie
in Loans
Hi

I have just had a call from my account manager at welcome finance who said if I pay 6 months loan repayments by the end of feb (£1600) then they will make my loan 0% for the remainder of my loan (8 yrs).

Has anyone else had this call or is this a con??

Could someone give me some advice on this please

Comments

  • Silvafox
    Silvafox Posts: 321 Forumite
    This is not a con - I got offered something similar by paying a lump sum in now and then the interest would be frozen for the remainder of the loan.
    PMA - Positive Mental Attitude

    It works for me - you try it!
  • AMILLIONDOLLARS
    AMILLIONDOLLARS Posts: 2,299 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Get it in writing!!!!

    Amd
    Debt Free!!!
  • KingElvis
    KingElvis Posts: 4,100 Forumite
    Welcome are desperate to get their money back in, seriously.
    "We want the finest wines available to humanity, we want them here, and we want them now!"
  • traz39
    traz39 Posts: 146 Forumite
    i had one telling me to pay more a month make it finish sooner
  • The_Matelot
    The_Matelot Posts: 114 Forumite
    That's funny when I had mine two year ago they were encouraging me to borrow more! I would definitely get it in writing as previously said....
    Fleet Air Arm - 800 NAS - *Nunquam Non Paratus*
    Showing the 'Crabs' how its done for over a hundred years!
    Tesco loan, £4,000 over 3 years - £138 p/m
    6 months 0% bicycle finance - £60 p/m
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