Does anyone have a list of banks/lenders who don’t charge to either overpay loans or charge to pay off early.
I know Monzo don’t but I was wondering what others are?
I don’t know a list of these banks, but with all loans you’re able to pay off the full amount, minus one month’s payment amount. If this amount is then taken by Direct Debit as usual, the loan with be paid up and closed, with no early redemption charge.
Nationwide
Lloyds
By overpay do you mean make extra payments towards your loan?
Yes, extra payments sorry