Submitted by Christian Labrosco on Fri, 09/24/2021 - 16:01
I took out a loan to renovate an apartment, but suddenly I made money and decided to close the loan ahead of schedule. I called the bank's hotline, found out how much was left to pay to repay the loan, and transferred the entire amount to a bank card. I was glad that I quickly closed the loan and saved on interest. And then a call from the bank - it turns out, they continue to accrue interest on the loan. How so?
I took out a loan to renovate an apartment, but suddenly I made money and decided to close the loan ahead of schedule. I called the bank's hotline, found out how much was left to pay to repay the loan, and transferred the entire amount to a bank card. I was glad that I quickly closed the loan and saved on interest. And then a call from the bank - it turns out, they continue to accrue interest on the loan. How so?