> Since I didn't receive cash back I should just zero out the old load and
> close it? I can't transfer the balance of the old loan to the new loan
> since I created the new loan with the current balance due.

> Your best bet is to create a new loan and payoff the old one. Basic drill:
> 1) Create a new loan account per terms of new loan.
> 2) Create a transaction in one of your cash accounts (or in the account
that
> had out-of-pocket expenses or got cash back in this deal) with splits that
> have an income component (Other Income:Loan Principal Received or some
> such), a Principal Transfer (balance due to old loan), an interest
component
> (for the interest due on the old loan and any interest prepaid on the new
> loan, and some Misc:Bank Fees or whatever for any costs. The net of this
> transaction should be $0 assuming you had no out-of-pocket and got no cash
> back, otherwise it should be the cash in or out.
> 3) Close the old loan account, now at $0 balance.
> "$2K3 User" <noemail[at]noemail.com> wrote in message
> news:L8PPa.41455$ye4.33353[at]sccrnsc01...
> > I just refinanced my auto loan. I would really appreciate some ideas on
> > what the group does in this situation.
> > > I updated the balance due on the loan to coincide with the new lenders
> > balance, but when I tried using Change The Loan Terms, the old balance
> still
> > appears. Also, the first payment isn't due until 8/7 but Money won't
let
> me
> > set a future date.

> I just refinanced my auto loan. I would really appreciate some ideas on
> what the group does in this situation.
> I updated the balance due on the loan to coincide with the new lenders
> balance, but when I tried using Change The Loan Terms, the old balance
still
> appears. Also, the first payment isn't due until 8/7 but Money won't let
me
> set a future date.