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The time now is 05/16/08 - 16:54

Not allowed to pay off my loan


RealCool.BIZ Forum Index -> Finance -> Loans

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thane
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Joined: 09 Apr 2007
Posts: 1



PostPosted: 03/02/08 - 08:06    Post subject: Reply with quote

I was able to consolidate my finances, and am now capable for early payoff of my loan. However, when I tried to arrange that with lender, I was refused and warned that I was obliged to pay as previously arranged. What can I do, because the state of owing someone money is not something I like and I would like to get rid of it as soon as possible?
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felice
Apprentice


Joined: 05 Jun 2007
Posts: 1



PostPosted: 03/31/08 - 23:49    Post subject: Reply with quote

Unfortunately, I do not think there is much you can do. You agreed to the contract and now you have to follow it. As far as I know the only thing you could do is to check your lender, just in case it might be working against rules, because there are situations when that kind of behavior is not allowed. But I suggest you talk with the attorney about that, because this is serious legal stuff, and you don't want to play with that
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