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How will Measured apply my payments towards my outstanding loan balance?
How will Measured apply my payments towards my outstanding loan balance?
Updated over 2 months ago

Your payments are first applied to any accrued interest on your account and any remaining amount is applied to reduce the principal balance of your loan.

A payment made toward your loan balance will be applied when received (or the next business day for weekend or after hours payments). You may accrue additional interest between the period when you initiate a payment and when your payment is received.

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