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Refinancing

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Just Getting Started

Refinancing

Hi,

 

Can I refinance an existing Tesco Bank loan to increase the monthly payments and shorten the term of the loan ? Would I have to pay any early repayment fee of 2 months interest ? and would I benefit from a better interest rate if my credit score as improved ?

 

Thanks  

3 REPLIES
Your Community Expert

Re: Refinancing

Hey @cairnsy91, thank you for getting in touch. I’m afraid we’re limited to what we can discuss through this channel, as it’s for more general queries. As this is a more account specific query, it would be best to give us a call to discuss this further. You can call the Loans Team on 0345 600 6016 (Mon-Fri: 8am-10pm, Sat-Sun: 9am-5pm) and my colleagues will be happy to discuss this further with you. I hope this helps :) - Cheryl

Just Getting Started

Re: Refinancing

Hi Cheryl,

 

No worries, will give them a phone soon.

 

Thanks. 

Your Community Expert

Re: Refinancing

No problem. Please let us know if you need anything else.