And this is why you check your bank accounts

by hedy on September 1, 2008

I’m gathering the data for another scintillating Net Worth post so I was over at my credit union’s website looking at my car loan.  Last month I sent them two payments-my usual payment and a principal-only payment (marked as such).  I generally make two payments each month (and they are SO MUCH easier to deal with regarding that than Nissan finance), and my principal payment is applied to the loan’s principal.  However, $.52 of my loan payment was applied to interest.  I do not know if this was because I sent my principal payment a day after my other payment, but I e-mailed them to see what is going on.

Related Articles:

Post Footer automatically generated by Add Post Footer Plugin for wordpress.

Be Sociable, Share!

Leave a Comment

Previous post:

Next post: