Is it possible to pay your auto loan half every two weeks instead of once a month?

it would be easier for me to pay 200.00 every two weeks instead of 400.00 once a month,

Is it possible to pay your auto loan half every two weeks instead of once a month?

Some creditors can do this. It's popular with home loans because it results in less interest over the life of the loan. You would have to make arrangements with the loan company, because they probably have an automated system and are expecting payments of 400 bucks, and anything less can cause problems that will cause your account to become delinquent if they don't know what you're doing, even though you are current on your payments. Doing this puts an extra burden on them if they don't have your account set up this way. You absolutely must call them, see if they can do this, and make this arrangement. Don't just send in 200 bucks every two weeks.

Is it possible to pay your auto loan half every two weeks instead of once a month?

if you get paid bi-weekly do it

Is it possible to pay your auto loan half every two weeks instead of once a month?

Sure, just send them a check with your account number on it. Of course they will accpet it!!

Is it possible to pay your auto loan half every two weeks instead of once a month?

It depends if the lender will accept a partial payment. Most likely, they won't. Hey, here's a thought! Put the $200 in the bank, then when you get paid again, put in $200 more and then make one $400 payment. Simple.