Hi
I received my early settlement figure and have paid this amount off.
However it still says I owe £500, which i'm assuming is the interest and just needs a little more time to clear.
However my original repayment date is tomorrow and I am concerned it will try to take the payment to go towards clearing the £500 as it hasn't processed yet.
Is there a way to prevent the monthly payment being taken as I need this morning and can't afford to wait 2 weeks for it to be refunded once the original settlement has cleared.
Should I cancel the direct debit?
Please provide guidance on what I should do, thank you!
Bethany
I received my early settlement figure and have paid this amount off.
However it still says I owe £500, which i'm assuming is the interest and just needs a little more time to clear.
However my original repayment date is tomorrow and I am concerned it will try to take the payment to go towards clearing the £500 as it hasn't processed yet.
Is there a way to prevent the monthly payment being taken as I need this morning and can't afford to wait 2 weeks for it to be refunded once the original settlement has cleared.
Should I cancel the direct debit?
Please provide guidance on what I should do, thank you!
Bethany