Full particulars of the consequence of lacking a repayment are outlined in the Loan Agreement. Your Loan Agreement will state clearly the monthly reimbursement amounts, quantity and frequency. The date of your repayments will be communicated to you in your ‘Welcome letter’. Repayments to your private loan might be on a month-to-month basis by direct debit from your present account (or an account that accepts direct debits). The amount and number of repayments might be detailed in your Loan Agreement.
If you do change your thoughts and decide to cancel, you’ve got up to 30 days to repay the the capital and curiosity of your new prime up loan. You have a 14-day cooling-off interval from the date you sign your AA Top Up Loan Agreement or when you obtain a duplicate of the agreement, whichever is later. Unfortunately, we won’t add further funds to an current loan. If you … Read More