Topic: FAQs: Secta Advance Plan

January 8, 2021

Can I take a payment holiday during the agreement?

We are currently unable to offer deferred payment facilities or payment holidays….

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Can I make an overpayment?

Yes, Secta Advance Plan allows customers to make overpayments at any time during the term of the agreement….

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Can I settle the agreement early?

Yes, you can repay your loan partially or in full at any time and there may be a reduction in the amount…

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Over what period can I repay the loan?

The maximum period for repayment with a Secta Advance Plan is 30 years, but you can choose less than this if you…

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What is the maximum amount I can borrow?

The maximum loan under the Secta Advance Plan is £1 million. However, the maximum amount you will be able borrow will depend…

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