We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Natwest Loans

lynxptc
lynxptc Posts: 280 Forumite
Part of the Furniture 100 Posts Combo Breaker
in Loans
How do overpayments work on a loan with regards to interest being charged?

Comments

  • natweststaffmember
    natweststaffmember Posts: 12,063 Forumite
    If the loan is a fixed loan then you cannot make additional payments, if it is a fixed loan then it is fixed for the term of the loan. If it is a Grad Loan then it will allow payments into it. Depends on the ytpe of loan really
    I have not worked for NatWest Bank since February 2009

    This username is no longer active.
  • Phoenix79_2
    Phoenix79_2 Posts: 1,434 Forumite
    I have a loan with Natwest and have made overpayments on it. Its not a grad loan or a flexible loan either.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.1K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 602.9K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture