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Settlement figure from Barclays

We are just about to move home and decided to settle some Loan accounts to improve our credit profile.

My wife has just requested a settlement figure from Barclays, she has 2 payments left to clear the account, the monthly payment is £356.66 and the want £1400 to settle the account?

I have just asked for a settlement from Sainsbury's bank, their figure with 5 payments outstanding adds up to slightly less than 5 payments, which makes sense.

Is there anything I can do? Otherwise I may as well just wait 2 months and the loan will clear anyway, not impressed with Barclays at all.

Comments

  • Pixie5740
    Pixie5740 Posts: 14,515
    10,000 Posts Eighth Anniversary Name Dropper Photogenic
    Forumite
    Is your wife absolutely positive that she only has 2 payments left to make? If she is then go back and challenge Barclays about the settlement figure, perhaps they just made a mistake.
  • Thanks it doesn't seem correct to me either, there is definitely an error somewhere there!
  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
    edited 10 October 2014 at 5:40AM
    Your wife can't count or Barclays are incompetent.
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