Is it possible to make payments towards car finance?

by admin on November 16, 2009 · 1 comment

I was wondering if you can make payments towards car finance, for example you owe £5,000 over 36 months which £138 a month ,you make a payment of 4,700 pounds in 6 months time, £300 is remaining which is £10 a month for 30 months,

is this possible or would they stil make you pay the original £138 a month which ends up forcing you to payin it off early?

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{ 1 comment… read it below or add one }

Woody November 16, 2009 at 5:32 am

You can make extra payments to pay it off early, but your scenario won’t fly. You still have to make your normal payment for the full term of the loan. Go talk to them, and they will answer.

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