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Norther Rock Unsecured Loan - Can I negotiate early repayment
I have Northern Rock unsecured loan with a redemption figure of £16000 or so at 5.7% (15 months / 48).
Northern Rock have strict targets for reducing their debt portfolio.
Northern Rock could probably lend any money I overpaid at a higher rate in today's conditions.
So do I have any leverage to negotiate on a repayment figure - eg if I offered them 15000 would they accept it !!
TIA
Northern Rock have strict targets for reducing their debt portfolio.
Northern Rock could probably lend any money I overpaid at a higher rate in today's conditions.
So do I have any leverage to negotiate on a repayment figure - eg if I offered them 15000 would they accept it !!
TIA
I think I saw you in an ice cream parlour
Drinking milk shakes, cold and long
Smiling and waving and looking so fine
Drinking milk shakes, cold and long
Smiling and waving and looking so fine
0
Comments
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No IMO - At the moment it is not their money but ours ie the taxpayers.
Whilst they are closed to new personal loan borrowing you won't get a penny off the redemption figure.0 -
so anything I negotiated (if indeed I can) would be like stealing from the taxpayer !!
or as I prefer to think of it getting a rebate from the HMRC - mmm when you put it that way I got no chance !!I think I saw you in an ice cream parlour
Drinking milk shakes, cold and long
Smiling and waving and looking so fine0
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