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#7
03-04-2006, 05:12 PM
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 Re: debt reduction loan rounding payment "FRANK ROCCO" <farocco[at]verizon.net> wrote in message news:OwwJtr6PGHA.2828[at]TK2MSFTNGP12.phx.gbl... - quote - > I changd my payments to match Money's suggestion.
They don't care, as long as it more than the required amount.> Not sure if the bank will like not getting the exact amount. -- Chris Cowles Gainesville, FL |
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#6
03-04-2006, 03:44 PM
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| Re: debt reduction loan rounding payment I changd my payments to match Money's suggestion. Not sure if the bank will like not getting the exact amount. Frank "Chris Cowles" <spam_magnet[at]remove-me-bellsouth.net> wrote in message news:uT1tTPzPGHA.964[at]tk2msftngp13.phx.gbl... - quote - > "Chris Cowles" <spam_magnet[at]remove-me-bellsouth.net> wrote in message > news:uaw$1hyPGHA.5564[at]TK2MSFTNGP10.phx.gbl... > > "FRANK ROCCO" <farocco[at]verizon.net> wrote in message > > news:%238s3xwrPGHA.2336[at]TK2MSFTNGP12.phx.gbl... > > > Hello, > > > > > My debt reduction plan is rounding my loan payment to 106.00 instead > > > 105.26 > > > > > It will not let me alter it. > > > The loan account is 105.26 > > > How can I fix this? > > > Tweak the minimum payment % up slightly, like by enough decimals of a % > > to get it to increase by $1. > Oops. Didn't read well enough to notice that it already was rounding up, > and you didn't want it to. > The rest of my reply still applies. > Does the $0.74 really matter? > -- > Chris Cowles > Gainesville, FL |
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#5
03-04-2006, 01:32 AM
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| Re: debt reduction loan rounding payment "Chris Cowles" <spam_magnet[at]remove-me-bellsouth.net> wrote in message news:uaw$1hyPGHA.5564[at]TK2MSFTNGP10.phx.gbl... - quote - > "FRANK ROCCO" <farocco[at]verizon.net> wrote in message
Oops. Didn't read well enough to notice that it already was rounding up, and> news:%238s3xwrPGHA.2336[at]TK2MSFTNGP12.phx.gbl... > > Hello, > > > My debt reduction plan is rounding my loan payment to 106.00 instead > > 105.26 > > > It will not let me alter it. > > The loan account is 105.26 > > How can I fix this? > Tweak the minimum payment % up slightly, like by enough decimals of a % to > get it to increase by $1. you didn't want it to. The rest of my reply still applies. Does the $0.74 really matter? -- Chris Cowles Gainesville, FL |
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#4
03-04-2006, 12:10 AM
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| Re: debt reduction loan rounding payment "FRANK ROCCO" <farocco[at]verizon.net> wrote in message news:%238s3xwrPGHA.2336[at]TK2MSFTNGP12.phx.gbl... - quote - > Hello,
Tweak the minimum payment % up slightly, like by enough decimals of a % to> My debt reduction plan is rounding my loan payment to 106.00 instead > 105.26 > It will not let me alter it. > The loan account is 105.26 > How can I fix this? get it to increase by $1. To make this easier and, if the bank supports it and you don't object, have the credit card issuer set up a monthly automatic draft for the minimum due. That way you always know it's done on time and for the absolute minimum amount. If you use online banking to download the transaction, it will match to the scheduled bill, even if off by a few cents. When the other accounts in the DRP are paid down and it's this accounts turn to get financial attention, revise the payment drafted by the issuer to the fixed amount you want to pay. -- Chris Cowles Gainesville, FL |
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#3
03-03-2006, 02:38 PM
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| Re: debt reduction loan rounding payment Dick Watson wrote: - quote - > I hadn't thought about that issue. I'd go to enter the bill and, if > necessary, change it back before clicking Enter. OTOH, since the mortgage > payment is probably not one you want to play with accelerating, you might > just want to not have DRP manage this one. > "Frank Rocco" <farocco[at]hotmail.com> wrote in message > news:elWs6csPGHA.3728[at]tk2msftngp13.phx.gbl... > > Dick Watson wrote: > > Thanks, I was concerned because my bill is also rounded up to 106.00 > > instead of the 105.26 I will be paying. > > Do I record the bill and then change it? Thanks Dick, I'll try your suggestion. Frank |
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#2
03-03-2006, 02:04 PM
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| Re: debt reduction loan rounding payment I hadn't thought about that issue. I'd go to enter the bill and, if necessary, change it back before clicking Enter. OTOH, since the mortgage payment is probably not one you want to play with accelerating, you might just want to not have DRP manage this one. "Frank Rocco" <farocco[at]hotmail.com> wrote in message news:elWs6csPGHA.3728[at]tk2msftngp13.phx.gbl... - quote - > Dick Watson wrote: > Thanks, I was concerned because my bill is also rounded up to 106.00 > instead of the 105.26 I will be paying. > Do I record the bill and then change it? |
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#1
03-03-2006, 12:34 PM
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| Re: debt reduction loan rounding payment Dick Watson wrote: - quote - > You can't. DRP rounds up. Who knows why. Doesn't really matter besides
instead of the 105.26 I will be paying.> change the projected out of debt date by a few seconds or maybe a minute or > two. > "FRANK ROCCO" <farocco[at]verizon.net> wrote in message > news:%238s3xwrPGHA.2336[at]TK2MSFTNGP12.phx.gbl... > > How can I fix this? Thanks, I was concerned because my bill is also rounded up to 106.00 Do I record the bill and then change it? Regards, Frank |
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03-03-2006, 11:44 AM
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| Re: debt reduction loan rounding payment You can't. DRP rounds up. Who knows why. Doesn't really matter besides change the projected out of debt date by a few seconds or maybe a minute or two. "FRANK ROCCO" <farocco[at]verizon.net> wrote in message news:%238s3xwrPGHA.2336[at]TK2MSFTNGP12.phx.gbl... - quote - > How can I fix this? |
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#-1
03-03-2006, 11:15 AM
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| debt reduction loan rounding payment Hello, My debt reduction plan is rounding my loan payment to 106.00 instead 105.26 It will not let me alter it. The loan account is 105.26 How can I fix this? Thanks Frank |
| Tags |
| debt, loan, payment, reduction, rounding |
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