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 ?
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