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Final Settlement amount help please?

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Comments

  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Cumbrian Male, thanks for confirming it.

    Psykicpup, it's tough to get an exact calculation because of how it's calculated and the options the lender has to add some extra interest for a few weeks. You have to calculate the interest not due on each payment you have already made and that means an individual calculation for every payment. When you have it, tell us what they tell you about the amount and calculation and people here will be able to confirm that it's about right.

    I don't think that you need to worry about them cheating you - breaking the agreement or law - just them offering expensive credit. They are a legitimate business.
  • Psykicpup
    Psykicpup Posts: 1,398 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Oh my Gawd - didnt realise it was soooo complicated -guess I will just have to trust them & you're right I have no reason not to trust them :)
    I THINK is a whole sentence, not a replacement for I Know



    Supermarket Rebel No 19:T
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