Pay off Hire Purchase Early

CliveOfIndia

OK, so it seems that they will accept payment by credit card.  But are you sure your credit card won't treat it as cash?

sandyman80

CliveOfIndia said:

OK, so it seems that they will accept payment by credit card.  But are you sure your credit card won't treat it as cash?

I contacted them and they said it is treated as a purchase.not cash but I will do a test overpayment when my first direct debit is taken at the end of August.

I will also phone Honda Finance and ask if I can pay it off all at once and what it will cost me and work out what will be more cost effective, £4000 a month extra and Amazon vouchers or the interest I will pay compared to the money sitting in an ISA.