What is the bank talking about?
07-10-2003 | 06:13 PM
#11
It's my first day.
Joined: Nov 2001
Posts: 13,635
Likes: 0
From: Grafton, WI.
in response to the above: people don't understand how close to the wall banks have to play it. lets see, you want to hand me money that i have to pay someone to be responsible for, and you want me to allow you to take as much as you want whenever you want? thats a lot of nonsense
07-10-2003 | 06:59 PM
#13
not noob?
Joined: Sep 2002
Posts: 2,613
Likes: 0
Originally posted by 96GreenCivic
So as long as I am constantly current, any overages will be automatically put towards the principal. Am I right in saying that?
Do you guys/ girls do that? If you do, do you send in a seperate check that says "principal only?" or do you just send in one big check? Thanks for your quick help!
So as long as I am constantly current, any overages will be automatically put towards the principal. Am I right in saying that?
Do you guys/ girls do that? If you do, do you send in a seperate check that says "principal only?" or do you just send in one big check? Thanks for your quick help!
i don't have a car loan but for the mortgage we always pay more than the min and you should never send in a seperate check. banks are stupid. they wont know what the hell the second check is for. just pay more than the minimum balance.
our mortagage is 1500.xx/month but we pay 2000/month.
so 860 goes towards interest and the rest goes towards the principle.
