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help please welcome finance

can anybody give any help. Myself and husband took out 15 000 loan in aug2006 to pay off credit cards extra,we are now paying this off and today i have received the settlement fig of 16 7300 thats over 1700 more than the original loan which we took out 6 months ago
help pleae

Comments

  • Bossyboots
    Bossyboots Posts: 6,760 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I think you might find that the loan is front loaded with interest so you have to pay it all, even if you pay the loan off early.
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