I have an auto loan with 22% interest. I've been making extra payments on it when I can. I called them to make sure those extra payments were going towards the principle alone and they told me their system doesn't allow that. So instead of paying down the principle, I'll just have it paid off earlier. I assumed that I could pay towards the principle with all loans. Was I wrong?
Submitted August 26, 2017 at 10:17AM by nl1004 http://ift.tt/2vqFSf9