Question on paying off a loan

[rayne428]

i have a loan for 20k thats the amount in full that i would need to pay to get out of it right?

[jjgross]

Originally Posted by rayne428

i have a loan for 20k thats the amount in full that i would need to pay to get out of it right?

yes inless you can ask if they would knock a little off for paid in full

[scorch]

If that was the amount you took out, then it should report as, "original amount". Then they should also add in interest rates. Obviously the more you pay at a time, the less interest you could pay.

[maryannsms]

20k was the original amount that you are going to pay, but don't forget that you also have to pay for the interest that comes with that original amount. Just pay them on time to lessen the interest that you could pay.