We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
We're aware that some users are currently experiencing errors on the Forum. Our tech team is working to resolve the issue. Thanks for your patience.
Best way to speed up car finance
babyfishmouth
Posts: 4 Newbie
Last November I bought a car through part down payment, part finance. My monthly repayments are £128 a month with approximately another 3 years remaining. The thing is I want to pay this debt off as quicker than the timescale remaining and occasionally I have more than the required £128 available a month to do so each motnh, but I'm not allowed to make over payments. So can anyone suggest the best route for me to look into to try get rid of this debt a little quicker, so I can make over payments as and when, rather than continuing with this fiance I am tied in to. I believe the outstanding balance to repay is currently around £4000 now.
Any ideas welcome. Thank you!
Any ideas welcome. Thank you!
0
Comments
-
Just discovered a company called Zopa, allows early repayments and over payments with no penalties, this could be the answer...0
-
Meaty Sandwich?
Save up pay it off in full.Censorship Reigns Supreme in Troll City...0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.1K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards