Can I settle my HP agreement early?

Yes, you can settle your Hire Purchase agreement early at any time. The finance company will provide a settlement figure that covers all remaining payments, though there may be early settlement adjustments.

Once you've paid two-thirds of the total amount payable, you also have the right to voluntary termination under the Consumer Credit Act, where you can end the agreement and return the car. Terms and conditions apply, so always check your car finance contract first to find out if you’re eligible.