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Barclays Loans

B2B-2008
B2B-2008 Posts: 178 Forumite
in Loans
Hi Guys,

Has anyone overpaid on their Barclays Loan to clear the debt quicker. Can this be done and do you have to tell Barclays?

Thanks in advance

Comments

  • peterg1965
    peterg1965 Posts: 2,164 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Call them and ask. I do not believe you can do it with a Barclayloan, but the definitive answer will come from them.
  • Gemmadm
    Gemmadm Posts: 60 Forumite
    Hi i have a barclaylaon and as far as i know, you can't. You could put all of the extra money you have into a high interest account and save to pay it off earlier. It won't make as much in interest as you are paying on the loan probably (mine is 12.9% and savings can be 6%) but its an alternative. Hope that helps a bit.
    Gemxx
    **If it wasn't this, it'd be something else!** :rotfl:
This discussion has been closed.
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