We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
"Top heavy" vehicle loan
Comments
-
-
Deleted_User wrote: »Don't leave it long. Every day is costing you another £2.
Not every day....just think in 12 months time it will only cost him £1.60 a day !!!:rotfl:0 -
In 12 months the cost will be £0 a day, I never intended to keep this dragging for 3 years. I'm grateful they've provided me with a service, and they've made enough profit for that service already. I wasn't aware I was basically paying off interest, but oh well.. I really appreciate all the helpful replies, thanks to you I now understand what's going on. Many thanks :-)0
-
At least you know how interest is calculated and applied. ANY finance with an interest rate thats in double figures is expensive - if the first number starts with a 4 then it would be eye watering.
Good job0
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.5K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards