Pay in 4 and 12 months installment - How is paying off the balance prioritized?
AWJR
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Posted on
Mar-24-2022
02:25 AM
Hi All,
Hope all is well.
I've currently got a "Pay in 4" and a "12 months installment" taken out at the same time. I was just wondering how is a payment towards paying these off prioritized?
Tried to pay off some of the balance but the payments appear to be in "favour" (couldn't think of a more appropriate word) of the "Pay in 4" option.
If that is the case, how do I pay off the 12 monthly installments? Is the appropriate monthly amount taken via Direct Debit or do I have to pay off the Pay in 4 first?
Hope the above makes sense but happy to clarify if need be.
Thank you.
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