Hi I have a question I just got a 8000 $ loan from triad (roadloans) at 21.29 percent interest I made my first payment 2 weeks early I paid a extra 52 dollors to pay off the balance early. I looked today and online it says I owe 8021.62. I just mailed my second payment in also 2 weeks early and 50 more then the balance. Why would my balnce be more then what I took out if I paid extra? Also I called triad they said they had the extra money but didn't apply it to the principal. I asked what they were doing with it and they said nothing they asked if I wanted it to be applied. What why would I send in extra... They said every time I send in extra I should write it on there or call them. Again anyone no why my balance would be more?
Thanks
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