Loan extra payment

Hello.
My loan balance ~£17000. Are extra payments limited? I tried to make extra payment of £3000. But the maximum amount allowed to transfer is


Where can I read terms for extra payments? Thanks!

I think I paid more than £3k in one go when I was settling the last of my loan.

Are you sure you have £3k clear in your account, after bills, and it won’t take you in to your overdraft?

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You’d need to have the extra funds available, and you can’t use your overdraft to cover the extra repayment, it needs to be your own funds.

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Oh. Thanks for quick replies guys. I forgot to transfer money from savings :slight_smile:

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Best of luck with paying off your loan

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