We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Santander Loan - How to Overpay?

Hi All,

Is there a way of overpaying a Santander Personal Loan via a Standing Order? I'd quite like to start overpaying on a monthly basis - without having to constantly call an 0800 number (only have mobile!)

So in essence:

Does anyone know how to overpay using SO
Is there a limit to how much you can overpay (%)
Does anyone have the loan department normal geographic number

many thanks

'golo

Comments

  • Tixy
    Tixy Posts: 31,455 Forumite
    Hi

    Only able to try answering one of those
    Is there a limit to how much you can overpay (%)

    Depends on what your T&Cs say, which will in part depend on when you took out your agreement. If it is a fairly new agreement there should be no limit on the amount of any overpayments. Older agreements may have limits (or may even state that partial overpayments are not accepted at all).
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • Thanks Tixy
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347.1K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.7K Spending & Discounts
  • 239.3K Work, Benefits & Business
  • 615.1K Mortgages, Homes & Bills
  • 175K Life & Family
  • 252.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support 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.