Skip to main content
All CollectionsLoan Management
How is my interest calculated?
How is my interest calculated?

Loan Management

Updated over 2 months ago

Your interest will begin accruing the day your loan is funded. The interest is calculated daily based on your average daily balance outstanding on the loan in each payment cycle. Paying more toward the principal balance of your loan reduces the interest that is accrued over time. Please refer to your loan agreement for more details on how Measured calculates interest.

Did this answer your question?