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settlement

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willie b | 20:30 Wed 12th Jan 2005 | Business & Finance
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how to get a settlement figure on car
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Phone up the finance company and ask them - some finance companies will give you a higher rebate if you are taking out new business.

 

By law, (if the agreement is regulated by the Consumer Credit Act 1974 - if you are a person and haven't borrowed more than �25,000), the finance comany have to use a prescribed formual (known as rule of 78s).

 

Follow this link to a calculator.

 

Any more questions, please cohttp://www.reidtax.com/rule78.htmlme back

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