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hsbc loan early repayment in full
drpbalaji1960
Posts: 109 Forumite
in Loans
Anyone had experience with hsbc loan in early settlement figure negotiated. just wondering if anyone negotiated and reduced the settlement figure.
Thanks
Thanks
0
Comments
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No, they will not do you a deal if that's what you mean. You will get a settlement figure that will take a reduction of interest payable into consideration for the reduced term but thats it, they don't do deals.
If you want a deal then default, let them take you to court, refuse to pay, get a ccg and when the sell the debt on you can get a deal.0 -
The only deal you will get is if you leave the final amount to be collected by DD thus saving you a tiny bit of interest0
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I had a smallish loan with them (£1500) and was not permitted to pay it off early.0
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thanks very much0
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