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Can extra payments be applied to principal under IBR or REPAYE?


Total Posts: 3

Joined 2016-06-24




Can anyone point to where REPAYE and IBR require extra payments be applied to fees and interest before principal?  The service loan providers say this is mandated but I just don’t want to take their word for it.  I want to try to pay these loans as fast as possible and reduce the amount of interest that accrues with my extra payments.  Am I able to cite to a provision and push back?