Deferred interest

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#1

Deferred interest

11th January 2020, 19:28:PM

I want to settle a loan with elderbridge first plus which is around 6000 but if I pay this I have been told that I will still have a balance of 5000 deferred interest taking the sum to 11000 to settle I was not aware of this total loan 10.000* total repayment 29.0000

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luxardo

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Joined: Dec 2019

Posts: 252
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#2

12th January 2020, 07:27:AM

must be a huge interest rate or the loan is over an ice age !!!! Take a look at the agreement and see what it says about early redemption.
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Deferred interest

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