What To Do

jennyjoan | 11:27 Mon 18th May 2015 | Personal Finance

22 Answers

I took a loan of £9,000 in 2013 - with interest only £1,720 has been paid to date and won't be paid off until 2018. Now I know if I pay early I will pay a penalty.

Anyway I am a position to clear this loan from an account but of course leave myself short in (that) account ie will have no intererest etc.

What would you do - pay off the loan - or keep saving with interest.

it is 5.09% paying off the loan
and 5.0 interest (gaining with the other current)

prev

Withdrawal Of Pension

next

My 20K 2 Year Fixed Isa Has Just Matured. Where To Put It Now

Answers

21 to 22 of 22

First Previous 1 2

Best Answer

No best answer has yet been selected by jennyjoan. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.

conne.take all the paperwork to CAB they will advise you.

Question Author

I am not worrying it will be sorted out - either they send me an email or letter verifying the balance. Thanks for your interest.

21 to 22 of 22

First Previous 1 2

Do you know the answer?

What To Do

Answer Question >>

Related Questions