Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 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!
hsbc loan
Comments
-
When did you go into DMP? As if the loan was taken in 2006 for 6 yrs then surely you must be nearing the end of the term?0
-
thanks - but my dmp advise me im paying of a 23k debt to them - i WILL get a copy of the agreement and see what I can do- it may well of been more I was paying - i cant really remember -just know its haunted me since the charge was put on my property-
x
0 -
I hope you're using one of the free DMP companies not one that charges.0
-
When did you go into DMP? As if the loan was taken in 2006 for 6 yrs then surely you must be nearing the end of the term?
No they tell me out of the £23k I still have £17k to pay -it will take me near 20 years to pay as I pay the dmp who pay the solicitor £123 a month now
Im bewildered really x0 -
And ALL our HSBC Loans in last ten plus yrs have had interest front loaded so would assume it's something they always do. I have copies of our various loans with them ( kept consolidating ) and all state the interest so yes you're best making the formal request for a copy of your agreement0
-
-
from memory they are called CCCS and payplan???? Read the debt free wanna be board to confirm this first.0
-
All front loading means is the interest for the whole life of the loan is added to the account straight away, instead of calculating the interest on a monthly basis. Is the account in arrears?0
-
Well you must have signed the agreement?
and it will always say the final value of teh loan including interest?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179K Life & Family
- 263.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards