Thread: Lloyds TSB reducing loans for early prepayment.

Had a letter passed my way today I thought someone may find useful.

Its from 1stCredit on behalf of Lloyds TSB.

The offer is that if a loan is settled immediately in full a 30% discount will be given.

The example I have is a balance outstanding of £1779.00 , which if settled immediately (within 7 days) can be done for £1245.53.

The discount reduces the longer you wait.

The e.mail for enquiries is enq@1stcreditltd.com

Hope this is of some interest.

Regards

Pete.