Mak
Region: US
Wednesday 24 August 2022 21:33:45 GMT
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Jess- PA Hairstylist :
why are people hating on you for not knowing principal vs interest these companies don't WANT you to know is the whole point
2022-08-27 02:19:39
3970
wowzr :
I remember when I had a Sallie Mae loan they wouldn't let me do a principle payment
2022-08-27 02:47:18
577
Beet :
I called to put my car payments on principle only and then my credit score dropped 111pts because since nothing was on interest it was marked as a mis
2022-08-30 02:38:35
1
Sean :
Always call first and make sure you know the correct way to pay on principal on ANY LOAN. I learn the hard way on $1000
2022-08-28 04:43:06
2
dumbo :
iiiii have no idea what this means but i wish i did
2022-08-28 00:22:26
49
appleuser94559947 :
I’m so confused. I thought if you make a second payment, that would automatically go to the principal??? you already paid the interest that month?
2022-08-27 15:58:51
18
Stephlozo :
I have Aidvantage, could you explain how to apply the payments to the principle? I’ve tried a couple of times but it just goes into the whole loan.
2022-08-27 09:56:11
13
🦈 :
Ok but after you escalated the request did it work? What did you say? Because they’ve told me no before lmao and I was like…yes? And they wouldn’t
2022-08-27 04:53:24
36
Maggie calm down. :
Yep. When I did this the loan person literally told me that’s the best thing to do but they’re not allowed to tell people about it
2022-08-28 04:53:02
7
Irene :
the best advice i ever learned was to always specify that extra payment was for principle or else banks will use it to pay off interest if you dont
2022-08-27 17:00:10
493
Looferz :
What is a principal? I cant hear video, needs captions.
2022-08-30 21:42:47
1
Des :
YUP!!! I didn’t know that either.
2022-08-27 14:19:24
2
jules🏳️🌈 :
They told me I can’t pay anything on the principle until every cent of the accrued interest is paid off.
2022-08-28 00:54:45
4
jinthomp24 :
Double check they didn’t push out the due date! They pushed mine out 7 YEARS after I made a principal only payment
2022-08-31 00:32:03
2
Mamma_Bear_J :
For my first car I made payments more than the set amount but I always had to say what went to principal or it wouldn't!
2022-08-29 02:45:10
2
Jades :
For mine you can only send a check through the mail :(
2022-08-27 13:14:47
4
Themapletiger :
I had a home financial guy come into my work and we started chatting and he went straight into, "ok so here's how you buy your first house" 🤔🦻👀
2022-09-08 03:32:17
1
christine :
This screams Sallie Mae or Navient. They don’t even have the option online
2022-08-26 06:06:07
94
Saiyasha Akura :
Do it.Always make a regular payment and then one to the principal .Now another thing if you make one at the first of the month
2022-08-26 18:41:08
492
skylastarkie :
Was it sallie Mae? I had to withhold rage because my payment was less than the interest but they wouldn’t let me pay extra toward the principal
2022-08-27 13:55:16
44
rattbisquit :
What’s that?
2022-08-26 06:51:36
36
basad :
This isn’t true lol you pay interest on the whole balance. Whether it’s a payment towards interest or principle is irrelevant.
2022-08-26 16:21:58
21
Madison Bazaar :
Don’t even talk to tellers for anything other than checking and savings transactions 😅 they’re not prepped for it
2022-08-28 19:53:18
15
chatty_writer6666 :
the best you can do is apply to principle when making an extra payment. don't skip your monthly payment or you risk going past due
2022-08-27 22:23:22
11
Hellorena :
Okay wait educate me pls because I’m about to start paying off my loans and I am stressed
2022-08-28 04:49:00
8
whatwillbecomeofus911 :
girl do it on UR CAR AND UR HOUSE TOO!!!!!
2022-08-28 04:13:26
7
User63726236 :
Why are you trying to make a payment if there are being erased
2022-08-27 05:07:11
5
jules :
WHAT?! I asked all my loan providers and they all told me they don’t accept principal payments!
2022-08-27 01:48:08
5
Chief_bleef :
?? aren't you supposed to understand how a loan is paid back before you take one out?
2022-08-27 01:09:19
4
TBoneStakes :
they hate when u pay off debt early. Same with my car note. All of a sudden its all “let me get my manager to approve this” bs
2022-08-29 14:10:04
4
Apathy :
if you wanna pay down your car. you need to pay more and make sure it's labeled or noted that it is for principle. otherwise you'll still get interest
2022-08-28 01:45:50
3
kristen :
No because I literally asked my loan provider about paying towards the principal and They was like oh it goes towards your interest and your principal
2022-08-28 03:25:12
3
Jusortla :
What loans did y’all apply for cuz I don’t wanna be paying for the rest of my life 😭 help me out please
2022-08-27 17:58:15
3
bbvbbb.455 :
Bruh how are you one of the “educated” and not know that making a payment towards the *principal exists…
2022-08-27 01:55:07
3
loversofsaturn :
Does anyone know if this method works with auto loans?
2022-08-27 12:38:05
2
:
It’s insane if any extra payment doesn’t go toward principle. Feels illegal to go toward interest
2022-09-07 12:25:27
2
osamabinreaper2 :
This is why college is a financial scam 😂 most of you don’t even know what HEA is
2022-08-28 08:54:38
2
Johto :
the only financial advice you need is to stop taking on loans
2022-09-14 13:44:58
2
anecia :
I know with Discover Student Loans you cannot do this
2022-08-29 00:55:33
2
jaborius :
I’m confused
2022-08-27 21:30:19
2
Lin :
@Laura
2022-08-29 03:04:19
2
gioslost :
What kind of loan servicer doesn’t let you pay the principle?
2022-09-11 18:19:25
2
SteamyBoy :
Report them to the CFPB. That’s misleading and fraudulent
2022-08-27 22:43:41
2
👁👅👁 :
I still don’t know what it is, can someone’s explain plz 😭
2022-08-27 23:09:10
2
Honest Personal Finance :
Personal finance TikTok appreciates you 👍
2022-09-02 00:16:15
2
0100.5e01.ff00 :
It’s sad that many parents didn’t seem to teach their children anything…
2022-08-28 13:53:09
1
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