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Tesco Loan Settlement Options?
Hello,
is anyone able to figure out what my early settlement figure should be?
is anyone able to figure out what my early settlement figure should be?
Tesco Loan
£25,000
13.9% APR
term 7 years
I’ve made 17 payments of £455
I took the two month payment holiday so the loan is 19 months in.
also is there a cheaper way round early settlement (eg a number of over payments) or is it always cheapest to settle sooner?
grateful for any advice offered!
£25,000
13.9% APR
term 7 years
I’ve made 17 payments of £455
I took the two month payment holiday so the loan is 19 months in.
also is there a cheaper way round early settlement (eg a number of over payments) or is it always cheapest to settle sooner?
grateful for any advice offered!
0
Comments
-
Its always cheaper to settle sooner, as you pay less interest.
Your settlement figure will be about 23k, with the early settlement fee and two months missed payments.0
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