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Oakam loan help please


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Hello all. I was foolish to take out a bonus loan with this company and have been paying them 45 pound per week for the last 10 weeks. There are another 42 weeks to pay and I am now in a position to repay early. Can anyone tell me if I have to pay the full amount of interest on this loan? They are telling me I do!!! I have had numerous roll overs with them hence the reason I owe them this amount. I apparently have gold status with them. Whoopee.


Any advice would be greatly appreciated. They seem to think I have to pay another 42 weeks worth of interest!!

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