Car loan with no early repayment charge?

modelreject

I have done a search for car loans on MoneySuperMaret.com but ll listed loans have an early repayment charge eg "If you choose to repay your loan early, an early settlement charge will apply."

Does anyone know of a bank doing good rates that will allow me to pay off early without extra charge asI may be getting a lump sum of money in 6 months time.

Thanks,
C

[Deleted User]

they will ALL charge you one more likely 2 months interest as a penalty
are you buying from a dealer?if so do they accept cc`s,if so then a 0% deal might be the option

CLAPTON

all unsecured loans will allow you to settle early with a maximum of 2 months interest
best to check carefully if it's HP

jonesMUFCforever

Check which loan companies will let you overpay for free.
There is a trick to avoid most of the ESF.

paddyrg

Zopa and Ratesetter loans (peer to peer lending) have no early redemption charges, but lend at the prime end of the market

modelreject

Thanks.

@woodbine "if so do they accept cc`s,if so then a 0% deal might be the option"

Sorry, what does this mean and can you explain a bit more. New to the car buying game

kev.s

i previously had one with blackhorse, paid off early and received a rebate of interest for doing so, no charges for settling early