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Telluride Car Notes deferment

Thread author Kindguy
Start date Mar 27, 2020

mrmac

FOUNDING MEMBER

Apr 4, 2020

@Gwyn NO, there is absolutely no scenario where you are correct. There is no such thing as average interest per day in lending. The facts are the facts. Attached above is the exact amortization schedule. Truth in Lending is an exact science, tightly regulated and not up for debate. Willy-nilly interpretations and incorrect advice from people who are not knowledgable is plain wrong.

If anyone is interested, I am happy to provide you the exact interest per day should you be considering a payment deferral on your loan. All I need is your actual principal loan balance at the last payment, your rate, and the number of months payments remaining on your loan.