can you get a cheaper settlement

lovinit

ive got car finance that i want to pay off but am a bit short of the settlement figure. is there any change that they maycome to an arrangement for cheaper settlement?
its with carlye finance (pain in the a***)
any info appreciated

tom188

why do you want settle?
do you just want to clear your debt and have been making monthly payments until now? ----> almost certainly no you wont - why should you pay back less than you owe when you agreed to make payments over an agreed period. There are millions of people in a similar position.They will expect to get back all they are owed plus the interest accrued. A lump sum payment will certainly reduce the debt though and should allow the remainder to be paid off very quickly.

it may be a different story if you are trying to settle once on the back of the car being repossessed.