Santander shorten term?

col81

Hi, i have a £13k loan with Santander over 60 months. I want to pay this off quicker will they let me change it to 36 months or 48 months? thanks 

MorningcoffeeIV

Overpay at whatever rate you want. No need to change the term.

col81

Oh right so can you overpay each month? do you know how to do this please?

MorningcoffeeIV

Make a payment from your bank account to the loan account.

DCFC79

Ask Santander.

Edi81

What interest rate are you paying on the loan? You may be better off putting the excess cash into a savings account. 

Fighter1986

Yeah literally, if you want to pay more towards your loan,

Pay more towards your loan. Simple as that. Santander will explain how.