What Actually Happened
Extra payments applied to both principal and interest, not reducing balance as expected
What I wish I knew
"Extra payments should be applied to principal only by default"
Advice to Someone Facing This Now
If I could tell you one thing
"Double-check payment application before making extra payments"
Regret Score
8/10
High, persistent regret.
Has not decreased significantly with time.
Has not decreased significantly with time.
lendingclub Category Average
?%
of lendingclub decisions share a similar regret distribution. (Coming soon)
Impact
-
Financial and Psychosocial impact distributions for this subset.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
React, question, or discuss this decision.