Do all loans allow you to make overpayments?
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bertie
Apprentice
Joined: 16 May 2004
Posts: 7
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 Posted: 03/01/08 - 08:22 Post subject: |
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| Hello, folks. I am thinking of getting a loan with a lender. I must say that I don’t like to do that, but I will have to. I would like to know whether there is a possibility to make overpayments with all loans. I would like to know that. Your answers will be appreciated. |
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kristo
Apprentice
Joined: 11 Jul 2005
Posts: 16
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| Posted: 03/31/08 - 00:09 Post subject: |
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| Hello. It is a good question. I wanted to pay off my loan earlier. But I couldn’t. They didn’t let me to. It isn’t simply in the lender’s interest that you pay off your loan earlier. They all advertise how they give you period without paying off. My God, of course they give you that period because then the interests grow. Some loans can let you overpayment, but not too many. Try with Northern Rock, Eskimo Loans and Virgin Money. Good luck! |
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