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Repaying a loan early
I currently have a loan with Picture Finance and have 8 years remaining. I have the option to move my mortage to another company and pay them off which is about 35k in total.
After speaking to them today I was cheaky enough to ask if they would accept an offer or would the 35k be what is required and they suggested to write to them with a reseasonble offer and they would consider it.
Has anyone ever done this with Picture or another loan provider if so what did you offer and was it accepted?
Thank You
After speaking to them today I was cheaky enough to ask if they would accept an offer or would the 35k be what is required and they suggested to write to them with a reseasonble offer and they would consider it.
Has anyone ever done this with Picture or another loan provider if so what did you offer and was it accepted?
Thank You
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Comments
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Very unlikely to happen unless you default on the payments and ruin your credit report, expect no future lending for six years potentially.Can I find out my credit score?You do not have a single credit score or rating. Different organisations take different information into account when working out your credit score and may have different scores for different products. (Kindly from Experian)0
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This is a secured loan, pay them in full or they will seek to repossess your property0
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