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Discussion topic: Upgrade/Swap

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This message was authored by: Tyebomber

Upgrade/Swap

I am considering an upgrade.  Can I pay a one off payment up front to reduce the monthly payments?

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This message was authored by: caesarome

Re: Upgrade/Swap

Posted by a Superuser, not a Sky employee. Find out more

@Tyebomber wrote:

Can I pay a one off payment up front to reduce the monthly payments?


Taken from here:

 

https://www.sky.com/help/articles/make-a-payment-credit-agreement-payment

 

Any extra payments you make will go towards paying off your final monthly instalments first. This means, the credit agreement repayment furthest in the future, not necessarily next month’s instalment.

 

For example, if you've got 6 months left of a 36-month agreement, the payment will go towards the 36th repayment, then the 35th repayment and so on, not the 30th repayment.

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