Re Payments for personal Loans owned by Navient as well as other lenders that are private

May 21, 2020 by  
Filed under Avant Loan Requirements

Re Payments for personal Loans owned by Navient as well as other lenders that are private

Learn how payments are allocated and used.

Solitary Loan – Account is Current

First, the re re payment is put on Unpaid charges.

2nd, the re re payment is put on Unpaid Interest. Take into account that interest accrues daily.

Third, the re re re payment is placed on the Unpaid Principal.

We’re going to apply any Overpayment to next month’s re re payment – unless you’re enrolled in Auto Pay or provide unique payment instructions. *

Solitary Loan – Account is Delinquent

First, the re payment is placed on Unpaid charges.

2nd, the re payment is put on Unpaid Interest. Take into account that interest accrues daily. Read more