We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
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!
MotoNovo HP Loan help!
Options

MrUniveristy
Posts: 45 Forumite
in Loans
Please forgive me as I believe I've posted this in the wrong section within the forum...
Im going to university in September & I'm currently trying to pay my car off ASAP. I have managed to clear my Credit Cards but now its time to crack my car! I am putting away £500 P/M in order to pay it off in full as soon as possible. (I get paid 20th of each month).
In savings I currently have £900; Can anyone calculate from the information provided what the settlement figure will roughly be in: March & April? Or be able to work out when I will be able to pay the settlement off in full?
Agreement Details:
Start Date: 02/09/2012
Status: True
Next Payment Date: 24/01/2014
Next Payment Amount: £163.96
Last Payment Date: 24/09/2015
Last Payment Amouth: £163.96
Arrears: £0.00
Settlement Figure:
Balance Outstanding: £3575.66
Amount of Rebate: £327.02
Settlement Figure: £3275.14
APR @ 15.7%
+REP! :beer:
Im going to university in September & I'm currently trying to pay my car off ASAP. I have managed to clear my Credit Cards but now its time to crack my car! I am putting away £500 P/M in order to pay it off in full as soon as possible. (I get paid 20th of each month).
In savings I currently have £900; Can anyone calculate from the information provided what the settlement figure will roughly be in: March & April? Or be able to work out when I will be able to pay the settlement off in full?
Agreement Details:
Start Date: 02/09/2012
Status: True
Next Payment Date: 24/01/2014
Next Payment Amount: £163.96
Last Payment Date: 24/09/2015
Last Payment Amouth: £163.96
Arrears: £0.00
Settlement Figure:
Balance Outstanding: £3575.66
Amount of Rebate: £327.02
Settlement Figure: £3275.14
APR @ 15.7%
+REP! :beer:
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards