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loan finished

stodgy88
stodgy88 Posts: 90 Forumite
in Loans
will the bank (lloyds) inform me when my last loan payment as been collected-thanks.

Comments

  • R_P_W
    R_P_W Posts: 1,528 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You could always ask them?
  • Apples2
    Apples2 Posts: 6,442 Forumite
    Nobody has ever informed me when a loan has finished. The Direct Debits stop and thats all.

    Don't go doing anything daft like cancelling your Cirect Debit in advance.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    You might get a marketing call trying to flog you a new loan!
  • moohound
    moohound Posts: 1,209 Forumite
    Debt-free and Proud!
    Do you get loan statements?
    ISA £1675 :DMiniMoohound savings £3685.86 :T Plus £3800 CTF :)
    'MrMoneyMuststache' my new hero, Martin Lewis my long time hero
    Poacher turned Gamekeeper
    Roadkill rebel No 52 Aug £1.34p Sept 24p Oct 5p Nov 5p Sealed pot Challenge No 403 £176.66(2014) :staradmin NOV NST No 20
  • somethingcorporate
    somethingcorporate Posts: 9,449 Forumite
    Do you have a loan agreement?
    Thinking critically since 1996....
  • System
    System Posts: 178,410 Community Admin
    10,000 Posts Photogenic Name Dropper
    My Lloyds TSB loan ended this month, and I got a letter last month saying the when the last payment would come off, and how much it would be.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • fozmcfc
    fozmcfc Posts: 3,098 Forumite
    Part of the Furniture Combo Breaker PPI Party Pooper Debt-free and Proud!
    When it comes to Natwest, my experience is loan account details just disappeared from your online banking.

    I have a credit card that was never re-issued 5 or so years ago, that shows £0 balance, £0 available, so I thought the loan account might sit there showing £0 balance. But it didn't even show for a few days £0 balance, when the last DD came out it just disappeared.

    Was very weird logging in and not seeing it there, as it had been there for about 7 years or so. Was actually looking forward to seeing the £0 balance after so many years of repayments.
  • stodgy88
    stodgy88 Posts: 90 Forumite
    thanks for the replies,i wont answer any of them,it,s a bit complicated-cheers.
  • Apples2
    Apples2 Posts: 6,442 Forumite
    stodgy88 wrote: »
    thanks for the replies,i wont answer any of them,.
    It was a pleasure.....
This discussion has been closed.
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