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  • 04-03-2022
  • Business
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How often are you required to make payments on an auto loan?.

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depresedsunflower
depresedsunflower depresedsunflower
  • 04-03-2022

Answer:

The downside to payment plans is that, once the plan period ends and you must start making payments again, you may be required to make your monthly payment as well as a portion of the payments you missed. Because interest accrues daily, per most contracts, the amount of interest you owe between payments can change when you request a payment plan.

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