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overpaying, avoiding early redemption
I have a loan with Lloydstsb. I have 2 years left to go. I want to repay as have remortgaged. If I overpay do they adjust monthly payments. And can I leave it open with a small amount to repay to avoid early redemption payments, and then make the last payment. Is this a good idea or will I end up in more of a pickle? I know they said I could overpay but I can't remember with what consequences. Anyone had any issues with this?
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Comments
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It is always best to contact the lender in question directly.
Whatever they say, get in writing before you make a decision based on this information.Well life is harsh, hug me don't reject me.0
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