blackjackmark
blackjackmark t1_iueh5b3 wrote
Reply to comment by RevolutionaryLion384 in No-interest loan but interest was dumped into my account after it was not fully paid off by a certain date by RevolutionaryLion384
I understand and agree that it would have been nice of them to mention this when you signed up, but are you saying your monthly statement hasn’t mentioned this for the past 6/12/24 months (or however long the interest free period was for)?
blackjackmark t1_iug297z wrote
Reply to comment by RevolutionaryLion384 in No-interest loan but interest was dumped into my account after it was not fully paid off by a certain date by RevolutionaryLion384
I totally get that as I tend to do similarly…but it’s certainly a “lesson learned” to be sure to check your statements at least occasionally! Depending on how long ago the grace period ended (and you have the funds), it might be worth a shot to call and ask them that if you paid it off in full immediately would they waive the accrued interest. No harm if they say no.