📨 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!

Secured loan early repayment charges

2»

Comments

  • It will be in your loan documentation!

    It isn't.

    As I posted earlier, it just says 'a rebate calculated under a formula set out in regulations made under the Consumer Credit Act 1974'

    ?
  • CHR15
    CHR15 Posts: 5,193
    Part of the Furniture 1,000 Posts Combo Breaker
    Forumite
    Nobody on here can answer that question. It is up to the lender how they work it out. Ask the lender, or ask your broker to be more specific.
    All seems a bit late though if you have already been accepted.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.9K Banking & Borrowing
  • 255K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.4K Work, Benefits & Business
  • 606.1K Mortgages, Homes & Bills
  • 179.1K Life & Family
  • 264K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards
Quick Search

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.