Hello
I currently have one loan with Westpac. Paying interest only. I am repaying the loan on a Monthly basis.
I realize that if I was to pay weekly, my total interest repayment would be smaller as I won't be paying interest on interest.
I called Westpac today and they said that I cannot setup a direct deposit on a weekly basis unless I had a P & I loan.
What is a way around this?
I currently have one loan with Westpac. Paying interest only. I am repaying the loan on a Monthly basis.
I realize that if I was to pay weekly, my total interest repayment would be smaller as I won't be paying interest on interest.
I called Westpac today and they said that I cannot setup a direct deposit on a weekly basis unless I had a P & I loan.
What is a way around this?