We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

Help! Terms and conditions wording in car loan..

Options
immoral_angeluk
immoral_angeluk Posts: 24,506 Forumite
10,000 Posts Combo Breaker
Have just been looking through my terms and conditions of my car loan and it says 'At the end of this agreement,provided you have paid all monies owing under this agreement and the agreement has not been terminated, you may buy the goods. You may exercise your option to buy the goods by paying the option fee together with and in addition to your final monthly payment...' does this mean we have to pay extra at the end for the car to actually be ours???
The loan is with welcome car finance (I know I know..).
Total 'Failed Business' Debt £29,043
Que sera, sera. <3
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.