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HP VT

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  • HP VT

    I have a vehicle on a 48month HP and have paid 29 payments, the Termination says £17693.81. Does that mean I cannot VT until I have paid that amount, working on my monthly payments that will take me up to 45 months which is only 3 months short of the full term!
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  • #2
    One for you I think R0b xx
    Debt is like any other trap, easy enough to get into, but hard enough to get out of.

    It doesn't matter where your journey begins, so long as you begin it...

    recte agens confido

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    • #3
      Does that mean I cannot VT until I have paid that amount
      No you can terminate at any time during the agreement before the final payment is due. If you terminate before you have paid the 50% mark, then you are liable to pay the finance company the difference up to the 50%.
      If you have a question about the voluntary termination process, please read this guide first, as it should have all the answers you need. Please do not hijack another person's thread as I will not respond to you
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      • #4
        So just to confirm, is that not a Settlement then? I have a settlement figure?

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