What are my early payment/withdrawal rights?

Whilst the maximum loan period is 15 years many customers like the flexibility of being able to clear their loan early. Whilst you commit to making a minimum monthly repayment you can make extra payments as and when you please.

You have the right under the Consumer Credit Act 1974 to repay all or part of the outstanding balance at any time. If you wish to repay the outstanding balance early, please contact us on 0800 25 35 45 with your contract number and we will help you secure the information required.

If you do wish to settle your account, the settlement figure calculated will include 28 days’ notice and an additional 30 days’ interest. You can also contact the lender directly. Their details will be on the documentation completed and sent to you at the outset of the funding agreement.

The Maximum interest to settle your account is 58 days on the outstanding balance.