Early repayment You may repay the loan in full or in part at any time before the final payment is due. Further borrowing If you already have a personal loan with us, you could be entitled to take out a further personal loan.
You can either: If you choose to re-finance your existing loan, your new loan amount must be at least £1,000 more than your outstanding loan balance.
i Stock.com/gradyreese Debt settlement, or agreeing to pay a creditor less than you owe, should be avoided, if possible.
It's a huge mark against your credit score, and the fees and taxes you pay as a result of the settlement may offset what you save by paring down the debt.
See if consolidating debt with a personal loan makes sense for you If it turns out debt settlement is your best option, the good news is that many creditors are now willing to negotiate, says Mary Jackey, spokeswoman for the Consumer Credit Counseling Services, based out of Columbus, Ohio.