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Loan advice

Hello all

I have a personal loan and will soon be made redundant.

I am paying for cover but this only covers payments for 12 months.

My question is would they accept an offer to pay off the loan amount minus the years payment that is covered rather than having to come back after 12 months?

Thanks for any replies.

Comments

  • BenL
    BenL Posts: 3,189 Forumite
    I would hazard a guess at no. This is only a guess though.

    Please check your PPI product terms and cons and check that it will cover you as there has been a lot of mis-selling going on of the product that will not cover people.

    Then check with the lender.

    Ben
    I beep for Robins - Beep Beep
    & Choo Choo for trains!!
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