Replacing an agreement involves another provider decision and another set of terms. An existing repayment record does not guarantee approval or preserve conditions from the old product.
Account for application, settlement and new-agreement costs before counting a benefit. Keep timing visible so the old obligation is not assumed to disappear before settlement is confirmed.
Details
- Replacing an agreement involves another provider decision and another set of terms.
- Account for application, settlement and new-agreement costs before counting a benefit.
- Separate quoted conditions from assumptions
- Locate the agreement version and date
- Ask how a change affects the remaining schedule
Records and amendments
Security changes the questions worth asking
Keep the versions and their dates together when comparing figures. This helps identify the precise question without assuming that every difference proves an error or an unfair charge.