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Ending a contract

soluce
soluce Posts: 28 Forumite
Ive got a contract on Virgin, £30 a month 12 months, and its got 5 months remaining. How much would i have to pay to cancel it? And would it affect my credit rating? Thanks

Comments

  • kltpzyxm
    kltpzyxm Posts: 391 Forumite
    soluce wrote: »
    Ive got a contract on Virgin, £30 a month 12 months, and its got 5 months remaining. How much would i have to pay to cancel it? And would it affect my credit rating? Thanks

    You would probably need to pay the remaining 5 months tariff as a single penalty payment...Don't see why it would affect your credit rating since you will actually be paying till the end of the contract....

    See section 8 of the T&Cs here

    HTH
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