Outstanding finance on posting back to UK

Discussion in 'Finance, Property, Law' started by nathan1985, Mar 25, 2010.

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  1. Morning all

    Planning ahead, when posted back to the UK from Germany, do I carry my German loan back with me, and set up a direct debit from my UK account? I got a loan to buy a car (not secured) but might get posted back early..?!

  2. When I was last in Germany, all loans drawn on a German bank account had to be repaid in full before you could clear from your unit. Having said that, if you kept the bank account open and set up a transfer of funds from your UK account, as long as the bank got its money I don't suppose they would be too bothered.

    Personally, I would ask the bank and see what they say.