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Post office Loan - repaying lump sum
I am looking to take out a £7000 loan. I was looking at the post office which has a decent APR. In the T&Cs it says that loan can be repaid early with no fee.
Does anyone know could I make lump sum payments to this in addition to the monthly direct debit payments without any penalty.
Or does anyone knows of any company with a competitive APR which allows you to do this without any penalty.
I would be taking the loan out over 4 years but if I had some extra money any month I would like the option to pay a lump sum of the loan. Is this feasible or would I have to go down the credit card option.
Thanks in advance for any help.
Does anyone know could I make lump sum payments to this in addition to the monthly direct debit payments without any penalty.
Or does anyone knows of any company with a competitive APR which allows you to do this without any penalty.
I would be taking the loan out over 4 years but if I had some extra money any month I would like the option to pay a lump sum of the loan. Is this feasible or would I have to go down the credit card option.
Thanks in advance for any help.
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