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I just opened a SSL for 10k and once it updated to my profile I paid 5k off the loan says 1st payment Is due on 11/27/19 for 176.89 after paying the 5k it still shows the same date and a min payment due is this normal I was under the impression it would change the due date
I just did a similar transaction of 3k for 60 months in September.
As soon as it was showing under available accounts I made one "normal" payment which bumped next payment out 1 month to Nov 2019 then paid lump sum to bring the balance owing to 250 and it pushed the next payment date out till Feb 2024.
I just checked my account again to make sure some policy change hasnt taken place but next due is still Feb 2024.
@howellco2 wrote:I just opened a SSL for 10k and once it updated to my profile I paid 5k off the loan says 1st payment Is due on 11/27/19 for 176.89 after paying the 5k it still shows the same date and a min payment due is this normal I was under the impression it would change the due date
The payment should bump out till 2014 or so. If it does not call NFCU ..They are Awesome!
@howellco2 wrote:I just opened a SSL for 10k and once it updated to my profile I paid 5k off the loan says 1st payment Is due on 11/27/19 for 176.89 after paying the 5k it still shows the same date and a min payment due is this normal I was under the impression it would change the due date
No it's not normal, it's supposed to go out much further.
Oh no, hopefully it's a glitch and they didn't get rid of the SSL!