Help
I have no idea how loans work as I’m a first generation grad. As I looked more into my loans they’re broken up into disbursements. My question is : if I pay my monthly payment , can I also do a large sum to tackle my smaller loans? For example I’ll be paying $235 a month , but one of my loans is $500 can’t I just pay that together ?
Posted Jan 13, 2019, 8:55 AM UTC
33
If you pay the minimum on all loans, you should be able to target any extra money at one specific loan, if that’s what you’re asking.
when you say the minimum , is that my monthly payment?
Yes.