"Consumer Reviews on Companies, Products and Services"

USER REVIEWS (struggling with car loan)

Harborstone Credit Union
Andrea T. Bess April 19, 2011
I received my monthly statement for my auto loan and noticed two different interest payments. It looked like the amount was fairly accurate, but I wondered why it was billed separately. I sent an email to ask what was going on. This was the response "... the remainder of your March 28th payment went to the principal and interest of your April payment and some additional went to the principal of your May payment. " How is it accurate to apply any of my March payment toward the interest in April before interest has even accrued? It seem... read full review »
Filled under: Automotive Location: United States

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