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.
The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 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!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
VW Finance payment holiday
ray200350
Posts: 1 Newbie
whoopee. VW Finance have accepted me as part of their payment deferral scheme. I have the offer of a 3 month repayment holiday and they have issued a new agreement increasing the APR on my original agreement which takes my current monthly payment of just under £600 to just over £720 a month for the remaining 22 months of my original agreement. Thank you VW.
0
Comments
-
Most of the £120 pcm charge will be the result of having to increase the monthly payments to cover the £1,800 you are not paying over the next three months. There is no such thing as a free lunch.0
-
No lender made a secret that payments after payment holidays would have to go up to cover the extra interest.0
-
disgrace....take them to court for compoAn answer isn't spam just because you don't like it......0
-
Don't take the holiday if have no need.
Next time choose a cheaper car.
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards