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help please???
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hi people
i have won my claim against pennalty charges and im now wanting to pay my loan off in full. i owe £806. but the lloyds tsb are saying that i need a settlement figure because interest has to be added to the amount??? but surely they cant charge me interset for paying a loan off early??? could anybody help me with this matter? also when i won my bank charges back i had to sign a solicitors letter saying if i got charged again these charges would stick so i dont fancy paying these again. im doing this because i have gone for a mortgage and make credit score isnt good enough.
thanks Ady
i have won my claim against pennalty charges and im now wanting to pay my loan off in full. i owe £806. but the lloyds tsb are saying that i need a settlement figure because interest has to be added to the amount??? but surely they cant charge me interset for paying a loan off early??? could anybody help me with this matter? also when i won my bank charges back i had to sign a solicitors letter saying if i got charged again these charges would stick so i dont fancy paying these again. im doing this because i have gone for a mortgage and make credit score isnt good enough.
thanks Ady
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Comments
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58 callendar days worth of interest will be added to the loan as an early settlement fee.
Hope This Helps.Whilst my posts do not constitute financial advice, I am always, without fail, 100% right!
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cheers for your help lads. asked lloyds tsb to send me a settlement figure out. thank you again.
ady0
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