Parker Jones
Region: US
Monday 13 July 2026 21:22:17 GMT
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.dre1ss :
You have to request it to be towards the principal only.
2026-07-13 21:45:38
216
AlexMeek88 :
yes you can make lump sum payments. and have them go towards the principle only. but you have to tell the bank you want any extra payments go towards the principle only. but if you can afford it. you could make your regular monthly payment every 2 weeks pay it off in half the time and pay half the interest. BUT check you loan documents some loan companies penalize you for early payoff because they actually lost money in interest payments.
2026-07-19 20:31:28
0
tht_laggy_6.7 :
I got a 17% interest rate lol go fucked am I?
2026-07-14 03:55:10
32
Justin Baker :
the extra money should go to just the principle
2026-07-14 01:10:48
20
Dominick Mucchiello :
You have to let them know that you want to make an extra payment otherwise it thinks you are just paying the next months payment and takes principal and interest in accordance with the amortization schedule. Yes you can payoff early in full or part. Just call them so they know how to apply it. They are lying if they tell you know. You’re welcome.
2026-07-13 22:57:27
16
Apple User66364218 :
I could be wrong but doesn’t the second payment you make go towards principal.. so basically u have to make your regular payment then a day or two later make another payment and that goes towards principal principal
2026-07-15 19:35:35
0
ohhinstaa :
So when u want to make a bigger payment , call them and tell them you want to put money towards the principal and they’ll do it that way
2026-07-15 12:15:43
6
Bryan Alexander Prev :
You can’t to call and specify say you want it put towards the principal
2026-07-14 15:50:09
2
jason_37s :
U pay interest first they make sure they get ur money
2026-07-16 14:34:25
0
Jay :
Awww I remember the rcf, best sounding rcf on TikTok 😋
2026-07-15 02:05:01
4
Robert Wright :
The way to pay off debt is start with the lowest amount once that's paid off add that payment to the new lowest.
2026-07-14 03:03:41
0
Graham4life :
You have to call them and allow them to know that you’re paying towards the principal
2026-07-14 12:18:32
3
Kevin :
I’m guessing the high interest is cuz there’s no “collateral“? Have you looked into trying to refi the loan to a lower interest?
2026-07-13 22:08:37
0
Show Speed detailing :
Make a payment to the principal only
2026-07-13 21:31:10
12
Pierce :
Try Refinance if your credit went up. Otherwise just keep making payments more than your minimum and a couple of days early.
2026-07-13 21:26:19
22
nafe6969 :
That rate. wtf.
2026-07-13 21:38:42
0
Masen.gm :
Yes you have to request a principal only payment
2026-07-14 02:55:31
4
Carter :
When it comes to home loans you can specifically tell them to apply it to the principal, should be the same with car/personal loans
2026-07-13 21:28:07
7
They call me cowboy :
Your paying the interest monthly, so when you pay extra they take the interest from the next payment and your interest paid on that next payment would be less… it’s confusing at first but it is worth paying ahead… so no way around interest but yea paying extra will save you in the long run
2026-07-13 21:50:02
1
kason.sanders :
I bought my first truck at 18 and have a 21% interest rate
2026-07-17 02:26:49
1
dan :
You have to let them know princ only
2026-07-14 08:57:51
2
Sarge :
Interest will be less if you make two half payments per month. Interest is compounded daily so less balance that is there each day the less overall you’ll pay in interest…. If you want extra payments to go towards principal call the loan company and tell them you want that payment towards the principal. I used to make half my car payment twice a month…. Took 6 months off my car loan and saved me a ton in interest
2026-07-14 14:54:38
4
Preston Ingerson :
Faster payoff=lower interest
2026-07-14 13:49:03
3
gerardolopez9718 :
You have to call and tell them you want the extra to go towards the principal and then make the extra payment on the phone after making your normal payment on autopay or they will always apply it to the interest
2026-07-14 05:44:30
2
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