Its well well worth emphasising because you borrowed more that month from the same doorstep lender if you repaid some loans early. This really is often called “refinancing” your loan.
In cases like this you might have compensated more in interest than you could have in the event that you had simply been provided a supplementary loan due to the method the “early settlement calculation” had been done. If it wasn’t explained for you by the representative (and I also bet it absolutely wasn’t!) then you definitely paid more interest than you ought to have. Læs videre “It is well well well worth emphasising if you’d an unhealthy personal credit record, particularly when it got even worse while you carried on borrowing from the home loan provider.”