Thread: Loans
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Old 13-01-2007, 15:50   #24
SPUGGIE J
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Re: Loans

Quote:
Originally Posted by ***Mr D*** View Post
Funnly I have had this discussion with a rep, I offered to pay my sisters outstanding debt there and then in full if she could provide a settlement figure.

She said the amount on the book to which I replied that included interest upto the end of the load will it not be Pro Rata down or at least reduced.

The answer was NO. although I didnt take it further.
Thats what bugs me. Lets say for arguments sake that I joind the state handout brigade in November but had to borrow £300 to get over Crimbo and the New Year at the quoted 177%. Then I get a new Job at the start of January and wanted to pay it off in full to eas the outgoings. To me you shouldnt be punnished for trying to pay it off quicker if you have the money. Its a cheek and an insult.
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