Banking2006
Registered User
- Messages
- 170
my italics.Avail of attractive rates with no arrangement fees or early redemption penalties.
As i said in my post- you need to confirm exactly what is meant by the 'penalty'. Ring BOI 1890 365 365 and they'll tell you that at the moment they apply no penalty but in the future may do so if cost of money increases etc- and their track record over recent years has been to apply no penalty if the loan is repaid off early. This compares particularly favourable to that offered by Halifax which guarantees to charge you 3 months penalty interest if you repay early- i don't know what happens with Tesco etc
Structured Fixed Rate Loan Agreement Terms & conditions
9. You can settle this agreement at any time by giving notice in writing and paying the amount you owe under the agreement which may be reduced by a rebate.
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