Sometimes extending the term of your loan will increase the total amount you need to repay, even though your monthly payment decreases. You can shorten the term of your offer on the AutoLend website to decrease the total amount to repay and you are also free to make overpayments whenever you feel like you can afford to pay extra. This will also reduce your amount to repay.
What does it mean if my total repayable goes up?
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Written by Tom Davies
Updated over a month ago