littleoldlady
Member of DD Central
Running down all platforms due to age
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Post by littleoldlady on Oct 20, 2020 14:11:21 GMT
An amortising loan has repaid about a third but my loan part has not been repaid at all. Attachments:
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Post by danny101 on Oct 20, 2020 14:33:23 GMT
I imagine you picked up this part loan part way through its term after partial repayment?
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littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,017
Likes: 1,835
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Post by littleoldlady on Oct 20, 2020 17:11:29 GMT
I imagine you picked up this part loan part way through its term after partial repayment? No, that's not it. But I notice that other, perhaps all, amortising loans are the same so I suspect that "Your initial loan amount" refers to the amount left, as the continuation is somehow treated as a new loan each month.
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Post by danny101 on Oct 20, 2020 18:19:15 GMT
Yes just like I said but in other words.🤔
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