loan was taken out a year ago and i have paid 171,00 for a year and my balance about the same as when i took out my loan the inerest is 14.9 the loan amount was 4498.36,i still owe 3864.46,
2006-11-04 14:55:02 · 3 answers · asked by m&m 1 in Business & Finance ➔ Credit
Request a statement of account. All transactions will be listed.
2006-11-04 14:57:12 · answer #1 · answered by Smilin' Fred 4 · 0⤊ 0⤋
Where have you been sending your payment? Have they been crediting another loan? Don't you put your loan number on the check, verify monthly the payment was made? I suggest you make an appointment with someone soon and bring in your cancelled checks and all your loan documentation.
2006-11-04 22:59:26 · answer #2 · answered by MadforMAC 7 · 0⤊ 0⤋
That sounds right to me. 14.9 percent interest is high, so I can believe that you still owe $4498. Remember, at the beginning of your loan you pay more interest than principal.
2006-11-04 22:57:54 · answer #3 · answered by bibliophile31 6 · 0⤊ 0⤋