thread: loan repayment dates

  1. #1
    Registered User

    Sep 2008
    In a cloud of madness.
    4,053

    loan repayment dates

    are you able to change these dates?
    Eg. my loan payment day currently falls on a thursday/friday. Am i able to change this too a monday/tuesday? This would fall in line more with when my pay is. I salary sacrifice this payment so it would make it easier.


  2. #2
    Registered User

    Jan 2009
    5,235

    Is it going to be earlier or later? I imagine they won't have an issue with changing it to earlier.

  3. #3
    Registered User

    Sep 2008
    In a cloud of madness.
    4,053

    it would be earlier in the week. So i realise to start with i'll have made a double payment which won't kill me, it would just make it easier to keep track.

  4. #4
    Moderator

    Oct 2004
    In my Zombie proof fortress.
    6,449

    I was able to move the payment day for my mortgage. I was bringing it forward and all they needed was a few business days notice (I requested the change a week before the date and they could bring it forward by 3 days).

  5. #5
    Registered User

    Jan 2012
    Western Suburbs Melbourne
    651

    loan repayment dates

    It sounds like its a direct debit, which should be no problem to change.
    Every loan has a required monthly repayment amount and date. So to make sure it's not behind it may require the extra week to get it ahead.
    HTH - I used to to work in a bank.

  6. #6
    Registered User

    Sep 2008
    In a cloud of madness.
    4,053

    It sounds like its a direct debit, which should be no problem to change.
    Every loan has a required monthly repayment amount and date. So to make sure it's not behind it may require the extra week to get it ahead.
    HTH - I used to to work in a bank.
    the next payment is due on the 14th and it's ahead already so there is money there for it. I'm hoping to change the payment cycle with the next payment to be on the 19th then go forntnightly from there.

  7. #7
    Registered User

    Jul 2006
    Cloud nine :D
    6,309

    I've done it before, just call them up a little bit before hand ;-D

  8. #8
    Registered User
    Add Starfish on Facebook

    Apr 2007
    Sydney
    1,759

    Yes you can. Just ring them up and arrange it.