The interest charged per month will vary as per the number of days between each billing cycle. It will also vary because every time you are making a payment, you are reducing your principal, so this might be a good thing. The people at the loan servicing center are not doing a good job explaining this to you, but you sould know these fundamentals already. if not, read up about them.
The interest charged per month will vary as per the number of days between each billing cycle. It will also vary because every time you are making a payment, you are reducing your principal, so this might be a good thing. The people at the loan servicing center are not doing a good job explaining this to you, but you sould know these fundamentals already. if not, read up about them.
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