Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why does each payment appear as multiple items in the Account Transactions section?

0

A. The payment appears as multiple items so you can see the total amount of your payment as well as the distribution of funds: how much was applied to principal, how much to interest, and how much to insurance or other fees if applicable.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123