Can you be charged for early settlement of your loan?

ECR Consumerwatch
20/08/2020 11 min
Can you be charged for early settlement of your loan?

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Episode Synopsis

The scathing truth is that although we are advised to pay off our debt earlier than our agreement with our lender, some of us will incur penalties for settling our debt early, which forces us to maintain a substantial debt. But is this legal?
Wendy Knowler answered this question and more. ECR Consumerwatch

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