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Loan reporting full amount payable

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Hello!
Just looking for opinions on the legality of this please - I've taken a loan with Hitachi Finance at a good interest rate for £15k.  They are reporting to the CRA's that the balance on the loan is 16k, saying that they report the full amount as if the loan has gone to full term. Is this correct? as if I was to pay the loan today, the amount I would pay would be £14,800.  I was always under the impression that they should be reporting the actual amount of borrowing at the time.

Any opinions?

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