Capital One Auto Finance
Rule 78 Interest Allocation on 72 Month Auto Loan
I purchased my car 1/9/08 for $12,149.44 with a 72 mo. Simple interest loan? There were a few times I was late or missed a payment but, eventho... Year to date I have paid $9,464.54 in interest and $3,434.80 applied toward the principal. After months of not understanding why my principal wasn't ...