The pick a payment loan allows you to select different payments each month, which is applied to the principle... At the time of the loan they required that the minimum payment be automatically deducted from our checking account twice a month - they failed to tell us that we were only making interest payments and/or give us a way of making higher payments through our automatic deductions that they required we have in place at the time of closing... They were smart enough to realize that we would rely on the automatic deduction (out of... read full review »