Replacement windows

truckermed

I purchased replacement windows two years ago. I had to take out the finance at the time, but am now in a position to repay the loan. The salesman at the time told me that I can make interim payments as and when I could so reducing the final cost. He also said if I was to pay off the whole debt excluding the last payment and then leave the direct debit in place, the balance would be recalculated and the final payment taken so clearing the loan. Is this true, or will I be still liable for the interest that would have been acrued had it run full term?:(

Rafter

Impossible to say without looking at your credit agreement.

If you have been misled by the salesman you may have a misselling claim.

Best thing is to call the finance company and ask for a settlement figure.

Good luck.

R.