Took out a Welcome Finance secured loan in November 2007 for £20k
I have no defaults, pay £386.53 a month.
My partner is about to be made redundant and was wondering about offering an early settlement figure.
This is now under Prime Credit 5 since the demise of Welcome Finance.
I know in my last statement in 2016 the remaining balance was £19719
it has been repaid in theory several times over with their extortionate charges.
Is it worth pursuing early settlement for this with partner being made redundant?