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Payment of a "principal only" payment by parent
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Payment of a "principal only" payment by parent
by graduatesmom » Wed Jan 13, 2010 10:17 am
How do I make a "principal only" payment to my daughter's Stafford loan? This will be in addition to her regular monthly payments.
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Re: Payment of a "principal only" payment by parent
by kristinem17 » Fri Jan 15, 2010 10:47 am
You can send additional funds to the lender, but make sure that they know you want it applied to the principal and not the interest.
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