I have a Cahoot loan for £6000 and have the money to pay them off. On about 5 occassions over the past month I have requested they take the money from my account and they have failed to do so. Am I missing something here??? Do they not want their money back? Does anybody have some advice on how to handle this situation? as i'm getting no where with this company.
2007-05-31 07:55:20 · 2 answers · asked by jonatey 1 in Business & Finance ➔ Personal Finance
they prob won't take it because they will get less interest. if there's only a short time left i would just let it run. if not, phone them and ask to speak to someone and get them to explain the what the problem is.
2007-06-03 11:17:27 · answer #1 · answered by McStick 2 · 0⤊ 0⤋
Check your loan contract (or phone them up and ask them) for the Early Repayment process.
Chances are you will have to send them a cheque (and pay a penalty)
2007-06-01 07:15:29 · answer #2 · answered by Steve B 7 · 0⤊ 2⤋